Basic Materials Ultrasector Fund Price History

BMPIX Fund  USD 120.26  1.01  0.85%   
Below is the normalized historical share price chart for Basic Materials Ultrasector extending back to September 19, 2001. 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 Basic Materials stands at 120.26, as last reported on the 24th of November, with the highest price reaching 120.26 and the lowest price hitting 120.26 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Basic Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Basic Mutual Fund to be very steady. Basic Materials Ultr secures Sharpe Ratio (or Efficiency) of 0.0167, which signifies that the fund had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Basic Materials Ultrasector, which you can use to evaluate the volatility of the entity. Please confirm Basic Materials' Downside Deviation of 1.29, risk adjusted performance of 0.0402, and Mean Deviation of 1.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.0208%.
  
Basic Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0167

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Basic Materials is performing at about 1% of its full potential. 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 Basic Materials by adding it to a well-diversified portfolio.

Basic Materials Mutual Fund Price History Chart

There are several ways to analyze Basic Materials Ultrasector Fund price data. The simplest method is using a basic Basic candlestick price chart, which shows Basic Materials price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 18, 2024127.81
Lowest PriceSeptember 6, 2024112.79

Basic Materials November 24, 2024 Mutual Fund Price Synopsis

Various analyses of Basic Materials' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Basic Mutual Fund. It can be used to describe the percentage change in the price of Basic Materials from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Basic Mutual Fund.
Basic Materials Price Action Indicator 0.51 
Basic Materials Price Rate Of Daily Change 1.01 

Basic Materials November 24, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Basic Materials Ultrasector Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Basic Materials intraday prices and daily technical indicators to check the level of noise trading in Basic Materials Ultrasector Fund and then apply it to test your longer-term investment strategies against Basic.

Basic Mutual Fund Price History Data

The price series of Basic Materials for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 15.02 with a coefficient of variation of 3.05. The prices are distributed with arithmetic mean of 120.68. The median price for the last 90 days is 120.67.
OpenHighLowCloseVolume
11/24/2024
 120.26  120.26  120.26  120.26 
11/22/2024 120.26  120.26  120.26  120.26  1.00 
11/21/2024 119.25  119.25  119.25  119.25  1.00 
11/20/2024 117.10  117.10  117.10  117.10  1.00 
11/19/2024 115.70  115.70  115.70  115.70  1.00 
11/18/2024 116.22  116.22  116.22  116.22  1.00 
11/15/2024 115.02  115.02  115.02  115.02  1.00 
11/14/2024 116.25  116.25  116.25  116.25  1.00 
11/13/2024 117.65  117.65  117.65  117.65  1.00 
11/12/2024 117.29  117.29  117.29  117.29  1.00 
11/11/2024 120.31  120.31  120.31  120.31  1.00 
11/08/2024 121.12  121.12  121.12  121.12  1.00 
11/07/2024 122.84  122.84  122.84  122.84  1.00 
11/06/2024 122.20  122.20  122.20  122.20  1.00 
11/05/2024 119.78  119.78  119.78  119.78  1.00 
11/04/2024 119.45  119.45  119.45  119.45  1.00 
11/01/2024 118.79  118.79  118.79  118.79  1.00 
10/31/2024 119.24  119.24  119.24  119.24  1.00 
10/30/2024 121.68  121.68  121.68  121.68  1.00 
10/29/2024 120.67  120.67  120.67  120.67  1.00 
10/28/2024 121.95  121.95  121.95  121.95  1.00 
10/25/2024 120.46  120.46  120.46  120.46  1.00 
10/24/2024 121.63  121.63  121.63  121.63  1.00 
10/23/2024 123.91  123.91  123.91  123.91  1.00 
10/22/2024 124.43  124.43  124.43  124.43  1.00 
10/21/2024 126.17  126.17  126.17  126.17  1.00 
10/18/2024 127.81  127.81  127.81  127.81  1.00 
10/17/2024 126.99  126.99  126.99  126.99  1.00 
10/16/2024 126.79  126.79  126.79  126.79  1.00 
10/15/2024 125.23  125.23  125.23  125.23  1.00 
10/14/2024 125.44  125.44  125.44  125.44  1.00 
10/11/2024 124.52  124.52  124.52  124.52  1.00 
10/10/2024 123.27  123.27  123.27  123.27  1.00 
10/09/2024 122.90  122.90  122.90  122.90  1.00 
10/08/2024 121.73  121.73  121.73  121.73  1.00 
10/07/2024 122.63  122.63  122.63  122.63  1.00 
10/04/2024 123.20  123.20  123.20  123.20  1.00 
10/03/2024 122.32  122.32  122.32  122.32  1.00 
10/02/2024 124.38  124.38  124.38  124.38  1.00 
10/01/2024 125.14  125.14  125.14  125.14  1.00 
09/30/2024 125.73  125.73  125.73  125.73  1.00 
09/27/2024 126.83  126.83  126.83  126.83  1.00 
09/26/2024 127.09  127.09  127.09  127.09  1.00 
09/25/2024 123.33  123.33  123.33  123.33  1.00 
09/24/2024 124.55  124.55  124.55  124.55  1.00 
09/23/2024 122.13  122.13  122.13  122.13  1.00 
09/20/2024 120.67  120.67  120.67  120.67  1.00 
09/19/2024 121.87  121.87  121.87  121.87  1.00 
09/18/2024 119.20  119.20  119.20  119.20  1.00 
09/17/2024 119.91  119.91  119.91  119.91  1.00 
09/16/2024 119.61  119.61  119.61  119.61  1.00 
09/13/2024 118.02  118.02  118.02  118.02  1.00 
09/12/2024 116.48  116.48  116.48  116.48  1.00 
09/11/2024 114.97  114.97  114.97  114.97  1.00 
09/10/2024 114.51  114.51  114.51  114.51  1.00 
09/09/2024 114.42  114.42  114.42  114.42  1.00 
09/06/2024 112.79  112.79  112.79  112.79  1.00 
09/05/2024 115.10  115.10  115.10  115.10  1.00 
09/04/2024 116.48  116.48  116.48  116.48  1.00 
09/03/2024 117.21  117.21  117.21  117.21  1.00 
08/30/2024 121.41  121.41  121.41  121.41  1.00 

About Basic Materials Mutual Fund history

Basic Materials 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 Basic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Basic Materials Ultr 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 Basic Materials stock prices may prove useful in developing a viable investing in Basic Materials
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the materials sector of the SP 500 Index. The fund is non-diversified.

Basic Materials Mutual Fund Technical Analysis

Basic Materials 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 Basic Materials technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Basic Materials 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...

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Basic Materials Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Basic Materials' price direction in advance. Along with the technical and fundamental analysis of Basic Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Basic 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 Basic Mutual Fund

Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
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