Ab Global E Fund Price on November 14, 2023
| GCEYX Fund | USD 16.38 0.16 0.99% |
If you're considering investing in GCEYX Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ab Global stands at 16.38, as last reported on the 28th of April, with the highest price reaching 16.38 and the lowest price hitting 16.38 during the day. We consider Ab Global very steady. Ab Global E retains Efficiency (Sharpe Ratio) of 0.077, which signifies that the fund had a 0.077% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Global, which you can use to evaluate the volatility of the entity. Please confirm Ab Global's Coefficient Of Variation of 1299.37, standard deviation of 0.6433, and Market Risk Adjusted Performance of 0.9783 to double-check if the risk estimate we provide is consistent with the expected return of 0.0495%.
GCEYX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
GCEYX |
Sharpe Ratio = 0.077
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ab Global is performing at about 6% 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 Ab Global by adding it to a well-diversified portfolio.
Ab Global Valuation on November 14, 2023
It is possible to determine the worth of Ab Global on a given historical date. On November 14, 2023 GCEYX was worth 14.93 at the beginning of the trading date compared to the closed value of 14.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Global mutual fund. Still, in general, we apply an absolute valuation method to find Ab 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 Ab Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Global's related companies.
| Open | High | Low | Close | Volume | |
| 14.63 | 14.63 | 14.47 | 14.47 | 1.00 | |
11/14/2023 | 14.93 | 14.93 | 14.77 | 14.77 | 1.00 |
| 15.02 | 15.02 | 14.86 | 14.86 | 1.00 |
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Ab Global Trading Date Momentum on November 14, 2023
| On November 15 2023 Ab Global E was traded for 14.86 at the closing time. The highest daily price throughout the period was 15.02 and the lowest price was 14.86 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 2.37% . |
Ab Global E Fundamentals Correlations and Trends
By evaluating Ab Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ab Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GCEYX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Global Mutual Fund history
Ab 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 GCEYX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Global E 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 Ab Global stock prices may prove useful in developing a viable investing in Ab Global
Ab Global Mutual Fund Technical Analysis
Ab 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.
Price Boundaries
Ab Global Period Price Range
Low | November 14, 2023
| High |
14.93 | 14.77 |
Ab Global April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab 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 Ab Global shares will generate the highest return on investment. By undertsting and applying Ab Global mutual fund market strength indicators, traders can identify Ab Global E entry and exit signals to maximize returns
Ab Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Global's price direction in advance. Along with the technical and fundamental analysis of GCEYX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of GCEYX 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 | 0.0483 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.9683 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ab Global E. 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 manufacturing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.