Africa Fund Africa Fund Price History
If you're considering investing in Africa Mutual Fund, it is important to understand the factors that can impact its price. Africa Fund Africa secures Sharpe Ratio (or Efficiency) of -0.0392, which signifies that the fund had a -0.0392 % return per unit of risk over the last 3 months. Africa Fund Africa exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Africa Fund's Standard Deviation of 1.1, mean deviation of 0.892, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Africa Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Africa |
Sharpe Ratio = -0.0392
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CAFRX |
Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Africa Fund 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 Africa Fund by adding Africa Fund to a well-diversified portfolio.
Africa Fund Mutual Fund Price History Chart
There are several ways to analyze Africa Fund Africa Fund price data. The simplest method is using a basic Africa candlestick price chart, which shows Africa Fund 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.
No Historical data is available at this time
KLTE | 1.36 | ||||
PX | 0.96 | ||||
AXDI | 0.94 | ||||
XELKT | 0.70 | ||||
ISEQ 20 | 0.41 | ||||
ASCX | 0.41 | ||||
Budapest | 0.30 | ||||
CROBEX | 0.17 | ||||
HNX 30 | 0.14 | ||||
MERV | 0.00 | ||||
IMAT | 0.04 | ||||
Tel Aviv | 0.1 | ||||
ATG | 0.14 | ||||
BETNG | 0.25 | ||||
PSEI | 0.34 | ||||
ATX | 0.45 | ||||
IBEX 35 | 0.46 | ||||
BELS | 0.46 | ||||
NYA | 0.63 | ||||
SLI | 0.69 | ||||
CFMDIVO | 0.75 | ||||
OSEFX | 0.77 | ||||
GDAXI | 1.07 | ||||
APACXJ | 1.12 | ||||
WIG 30 | 1.20 | ||||
SET | 1.25 | ||||
MXX | 1.28 | ||||
TWII | 1.49 | ||||
PSI 20 | 2.07 | ||||
IDX 30 | 2.62 |
About Africa Fund Mutual Fund history
Africa Fund 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 Africa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Africa Fund Africa 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 Africa Fund stock prices may prove useful in developing a viable investing in Africa Fund
Under normal market conditions, the fund invests at least 80 percent of its net assets in the securities of, and depositary receipts , Global Depositary Receipts , and European Depositary Receipts represented by, African issuers that are tied economically to Africa. Commonwealth Africa is traded on NASDAQ Exchange in the United States.
Africa Fund Mutual Fund Technical Analysis
Africa Fund 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.
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Africa Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Africa Fund's price direction in advance. Along with the technical and fundamental analysis of Africa Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Africa 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (0.41) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Africa Mutual Fund
Africa Fund financial ratios help investors to determine whether Africa 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 Africa with respect to the benefits of owning Africa Fund security.
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