Abrdn Global Infrastructure Fund Price on September 12, 2024

XAGIX Fund  USD 20.18  0.17  0.84%   
Below is the normalized historical share price chart for Abrdn Global Infrastructure extending back to August 06, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Abrdn Global stands at 20.18, as last reported on the 4th of December, with the highest price reaching 20.18 and the lowest price hitting 20.18 during the day.
 
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If you're considering investing in Abrdn Mutual Fund, it is important to understand the factors that can impact its price. Abrdn Global Infrast secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Abrdn Global Infrastructure exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abrdn Global's Mean Deviation of 0.4715, standard deviation of 0.5738, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
  
Abrdn Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1184

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Estimated Market Risk

 0.57
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Abrdn Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Abrdn Global by adding Abrdn Global to a well-diversified portfolio.

Abrdn Global Valuation on September 12, 2024

It is possible to determine the worth of Abrdn Global on a given historical date. On September 12, 2024 Abrdn was worth 21.21 at the beginning of the trading date compared to the closed value of 21.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abrdn Global mutual fund. Still, in general, we apply an absolute valuation method to find Abrdn Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Abrdn Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abrdn Global's related companies.
 Open High Low Close Volume
  21.16    21.16    21.16    21.16    1.00  
09/12/2024
  21.21    21.21    21.21    21.21    1.00  
  21.33    21.33    21.33    21.33    1.00  
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Open Value
21.21
21.21
Closing Value
22.92
Upside

Abrdn Global Trading Date Momentum on September 12, 2024

On September 13 2024 Abrdn Global Infrastructure was traded for  21.33  at the closing time. The highest daily price throughout the period was 21.33  and the lowest price was  21.33 . There was no trading activity during the period 1.0. Lack of trading volume on 09/13/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.57% . The overall trading delta to current closing price is 0.05% .

About Abrdn Global Mutual Fund history

Abrdn Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Abrdn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abrdn Global Infrast will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Abrdn Global stock prices may prove useful in developing a viable investing in Abrdn Global

Abrdn Global Mutual Fund Technical Analysis

Abrdn Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Abrdn Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abrdn Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Abrdn Global Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Abrdn Global Infrastructure cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Abrdn Global December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Abrdn Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abrdn Global shares will generate the highest return on investment. By undertsting and applying Abrdn Global mutual fund market strength indicators, traders can identify Abrdn Global Infrastructure entry and exit signals to maximize returns

Abrdn Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abrdn Global's price direction in advance. Along with the technical and fundamental analysis of Abrdn Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abrdn to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Abrdn Mutual Fund

Abrdn Global financial ratios help investors to determine whether Abrdn Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Abrdn with respect to the benefits of owning Abrdn Global security.
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