The Arbitrage Event Driven Fund Price on July 26, 2024
| AGEAX Fund | USD 11.75 0.02 0.17% |
Below is the normalized historical share price chart for The Arbitrage Event Driven extending back to May 31, 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 The Arbitrage stands at 11.75, as last reported on the 21st of September, with the highest price reaching 11.75 and the lowest price hitting 11.75 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider The Mutual Fund to be very steady. Arbitrage Event owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for The Arbitrage Event Driven, which you can use to evaluate the volatility of the fund. Please validate The Arbitrage's Downside Deviation of 0.2581, standard deviation of 0.1845, and Risk Adjusted Performance of 0.1737 to confirm if the risk estimate we provide is consistent with the expected return of 0.0474%.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = 0.2551
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGEAX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 19 81% of assets perform better |
Based on monthly moving average The Arbitrage is performing at about 19% 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 The Arbitrage by adding it to a well-diversified portfolio.
The Arbitrage Valuation on July 26, 2024
It is possible to determine the worth of The Arbitrage on a given historical date. On July 26, 2024 The was worth 11.7 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Arbitrage mutual fund. Still, in general, we apply an absolute valuation method to find The Arbitrage'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 The Arbitrage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Arbitrage's related companies.
| Open | High | Low | Close | Volume | |
| 11.69 | 11.69 | 11.69 | 11.69 | 1.00 | |
07/26/2024 | 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
| 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
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The Arbitrage Trading Date Momentum on July 26, 2024
| On July 29 2024 The Arbitrage Event Driven was traded for 11.70 at the closing time. The highest daily price throughout the period was 11.70 and the lowest price was 11.70 . There was no trading activity during the period 1.0. Lack of trading volume on 07/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.51% . |
Arbitrage Event Fundamentals Correlations and Trends
By evaluating The Arbitrage'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 The Arbitrage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Arbitrage Mutual Fund history
The Arbitrage 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arbitrage Event 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 The Arbitrage stock prices may prove useful in developing a viable investing in The Arbitrage
The fund invests in equity and debt and debt-like instruments of companies whose prices the funds investment adviser believes are or will be impacted by a corporate event. Specifically, the fund employs investment strategies designed to capture price movements generated by corporate events such as mergers, acquisitions, asset sales, restructurings, refinancings, recapitalizations, reorganizations or other special situations . It is non-diversified.
The Arbitrage Mutual Fund Technical Analysis
The Arbitrage 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
The Arbitrage Period Price Range
Low | September 21, 2024
| High |
0.00 | 0.00 |
The Arbitrage Event Driven 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.
The Arbitrage September 21, 2024 Market Strength
Market strength indicators help investors to evaluate how The Arbitrage 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 The Arbitrage shares will generate the highest return on investment. By undertsting and applying The Arbitrage mutual fund market strength indicators, traders can identify The Arbitrage Event Driven entry and exit signals to maximize returns
The Arbitrage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Arbitrage's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | 0.1737 | |||
| Jensen Alpha | 0.0246 | |||
| Total Risk Alpha | 0.0113 | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.3342 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in The Mutual Fund
The Arbitrage financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Arbitrage security.
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