The Ered Bridge Fund Price on July 6, 2023

TCBAX Fund  USD 8.99  0.01  0.11%   
Below is the normalized historical share price chart for The Ered Bridge extending back to October 01, 2013. 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 Ered Bridge stands at 8.99, as last reported on the 28th of April, with the highest price reaching 8.99 and the lowest price hitting 8.99 during the day.
 
Yuan Drop
 
Covid
If you're considering investing in Ered Mutual Fund, it is important to understand the factors that can impact its price. We consider Ered Bridge very steady. Ered Bridge secures Sharpe Ratio (or Efficiency) of 0.0453, which denotes the fund had a 0.0453% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Ered Bridge, which you can use to evaluate the volatility of the entity. Please confirm Ered Bridge's Semi Deviation of 0.4778, downside deviation of 0.5584, and Risk Adjusted Performance of 0.0377 to check if the risk estimate we provide is consistent with the expected return of 0.0242%.
  
Ered Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0453

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Estimated Market Risk

 0.53
  actual daily
4
96% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Ered Bridge is performing at about 3% 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 Ered Bridge by adding it to a well-diversified portfolio.

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Ered Bridge Valuation on July 6, 2023

It is possible to determine the worth of Ered Bridge on a given historical date. On July 6, 2023 Ered was worth 8.89 at the beginning of the trading date compared to the closed value of 8.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ered Bridge mutual fund. Still, in general, we apply an absolute valuation method to find Ered Bridge'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 Ered Bridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ered Bridge's related companies.
 Open High Low Close Volume
  8.97    8.97    8.52    8.52    1.00  
07/06/2023
  8.89    8.89    8.44    8.44    1.00  
  8.91    8.91    8.46    8.46    1.00  
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Open Value
8.89
8.44
Closing Value
10.49
Upside

Ered Bridge Trading Date Momentum on July 6, 2023

On July 07 2023 The Ered Bridge was traded for  8.46  at the closing time. The highest daily price throughout the period was 8.91  and the lowest price was  8.46 . There was no trading activity during the period 1.0. Lack of trading volume on 07/07/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.24% . The trading price change to current closing price is 6.40% .

Ered Bridge Fundamentals Correlations and Trends

By evaluating Ered Bridge'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 Ered Bridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ered financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ered Bridge Mutual Fund history

Ered Bridge 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 Ered is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ered Bridge 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 Ered Bridge stock prices may prove useful in developing a viable investing in Ered Bridge
The fund seeks to meet its investment objective by investing, under normal market conditions, in dividend paying equity securities of domestic and foreign large capitalization companies. The advisor expects to invest up to 20 percent of the funds assets in foreign securities and the remainder in domestic securities. It is expected that the funds strategy will result in high portfolio turnover.

Ered Bridge Mutual Fund Technical Analysis

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

Ered Bridge Period Price Range

Low
July 6, 2023
-0.45  -5.06%
High

 8.89 

     

 8.44 

Ered Bridge April 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Ered Bridge 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 Ered Bridge shares will generate the highest return on investment. By undertsting and applying Ered Bridge mutual fund market strength indicators, traders can identify The Ered Bridge entry and exit signals to maximize returns

Ered Bridge Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ered Bridge's price direction in advance. Along with the technical and fundamental analysis of Ered Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ered 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Ered Bridge. 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 nation.
Note that the Ered Bridge information on this page should be used as a complementary analysis to other Ered Bridge'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Ered Bridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ered Bridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ered Bridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.