The Arbitrage Credit Fund Price on September 18, 2024
| ACFIX Fund | USD 9.75 0.01 0.10% |
Below is the normalized historical share price chart for The Arbitrage Credit extending back to October 01, 2012. 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 Arbitrage Credit stands at 9.75, as last reported on the 10th of November, with the highest price reaching 9.75 and the lowest price hitting 9.75 during the day.
If you're considering investing in Arbitrage Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Arbitrage Mutual Fund to be very steady. Arbitrage Credit secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for The Arbitrage Credit, which you can use to evaluate the volatility of the entity. Please confirm Arbitrage Credit's Risk Adjusted Performance of 0.1055, mean deviation of 0.062, and Downside Deviation of 0.1091 to double-check if the risk estimate we provide is consistent with the expected return of 0.0223%.
Arbitrage Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Arbitrage |
Sharpe Ratio = 0.233
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Based on monthly moving average Arbitrage Credit is performing at about 18% 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 Arbitrage Credit by adding it to a well-diversified portfolio.
Arbitrage Credit Valuation on September 18, 2024
It is possible to determine the worth of Arbitrage Credit on a given historical date. On September 18, 2024 Arbitrage was worth 9.69 at the beginning of the trading date compared to the closed value of 9.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arbitrage Credit mutual fund. Still, in general, we apply an absolute valuation method to find Arbitrage Credit'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 Arbitrage Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arbitrage Credit's related companies.
| Open | High | Low | Close | Volume | |
| 9.69 | 9.69 | 9.69 | 9.69 | 1.00 | |
09/18/2024 | 9.69 | 9.69 | 9.69 | 9.69 | 1.00 |
| 9.71 | 9.71 | 9.71 | 9.71 | 1.00 |
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Arbitrage Credit Trading Date Momentum on September 18, 2024
| On September 19 2024 The Arbitrage Credit was traded for 9.71 at the closing time. The highest daily price throughout the period was 9.71 and the lowest price was 9.71 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.21% . The trading price change to current closing price is 0.41% . |
Arbitrage Credit Fundamentals Correlations and Trends
By evaluating Arbitrage Credit'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 Arbitrage Credit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arbitrage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arbitrage Credit Mutual Fund history
Arbitrage Credit 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 Arbitrage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arbitrage Credit 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 Arbitrage Credit stock prices may prove useful in developing a viable investing in Arbitrage Credit
The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures , bank loans, convertible and preferred securities, credit default swaps and other debt instruments and derivatives that the funds investment adviser believes have debt-like characteristics. It invests in both U.S. and foreign debt securities. The principal types of derivatives in which the fund may invest are credit default swaps, interest rate swaps, total return swaps, futures and options.
Arbitrage Credit Mutual Fund Technical Analysis
Arbitrage Credit 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
Arbitrage Credit Period Price Range
Low | November 10, 2024
| High |
0.00 | 0.00 |
The Arbitrage Credit cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Arbitrage Credit November 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Arbitrage Credit 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 Arbitrage Credit shares will generate the highest return on investment. By undertsting and applying Arbitrage Credit mutual fund market strength indicators, traders can identify The Arbitrage Credit entry and exit signals to maximize returns
Arbitrage Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arbitrage Credit's price direction in advance. Along with the technical and fundamental analysis of Arbitrage Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arbitrage 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 | 0.1055 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.34) | |||
| Treynor Ratio | (7.04) |
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Other Information on Investing in Arbitrage Mutual Fund
Arbitrage Credit financial ratios help investors to determine whether Arbitrage 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 Arbitrage with respect to the benefits of owning Arbitrage Credit security.
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