Bright Rock Quality Fund Price on September 13, 2019
BQLCX Fund | USD 22.86 0.06 0.26% |
Below is the normalized historical share price chart for Bright Rock Quality extending back to May 26, 2010. 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 Bright Rock stands at 22.86, as last reported on the 29th of March, with the highest price reaching 22.86 and the lowest price hitting 22.86 during the day.
If you're considering investing in Bright Mutual Fund, it is important to understand the factors that can impact its price. We consider Bright Rock very steady. Bright Rock Quality secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bright Rock Quality, which you can use to evaluate the volatility of the entity. Please confirm Bright Rock's Mean Deviation of 0.4349, downside deviation of 0.5544, and Risk Adjusted Performance of 0.1437 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Bright Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bright |
Sharpe Ratio = 0.2632
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Estimated Market Risk
0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Bright Rock is performing at about 20% 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 Bright Rock by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
About Bright Rock Mutual Fund history
Bright Rock 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Rock Quality 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 Bright Rock stock prices may prove useful in developing a viable investing in Bright Rock
The fund invests at least 80 percent of its net assets in equity securities of companies with large-sized market capitalizations. The adviser defines large-cap companies as those companies with market capitalizations within the range of companies in the Russell 1000 Index at the time of investment. The fund may invest up to 25 percent of its net assets in securities of foreign large-cap companies that are traded in the U.S., including companies located in emerging markets, as well as American Depositary Receipts.
Bright Rock Mutual Fund Technical Analysis
Bright Rock 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.
Price Boundaries
Bright Rock Period Price Range
Bright Rock March 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Bright Rock 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 Bright Rock shares will generate the highest return on investment. By undertsting and applying Bright Rock mutual fund market strength indicators, traders can identify Bright Rock Quality entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 22.86 | |||
Day Typical Price | 22.86 | |||
Price Action Indicator | 0.03 | |||
Period Momentum Indicator | 0.06 |
Bright Rock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bright Rock's price direction in advance. Along with the technical and fundamental analysis of Bright Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bright 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 | 0.1437 | |||
Jensen Alpha | 0.0297 | |||
Total Risk Alpha | 0.0087 | |||
Sortino Ratio | 0.015 | |||
Treynor Ratio | 0.1608 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Rock Quality. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Bright Rock Quality information on this page should be used as a complementary analysis to other Bright Rock's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Bright Mutual Fund analysis
When running Bright Rock's price analysis, check to measure Bright Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bright Rock is operating at the current time. Most of Bright Rock's value examination focuses on studying past and present price action to predict the probability of Bright Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Rock's price. Additionally, you may evaluate how the addition of Bright Rock to your portfolios can decrease your overall portfolio volatility.
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