The Arbitrage Event Driven Fund Price on August 5, 2024
| AGEAX Fund | USD 11.79 0.10 0.84% |
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 Arbitrage Event stands at 11.79, as last reported on the 11th of November 2024, with the highest price reaching 11.79 and the lowest price hitting 11.79 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 Event secures Sharpe Ratio (or Efficiency) of 0.0264, which signifies that the fund had a 0.0264% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for The Arbitrage Event Driven, which you can use to evaluate the volatility of the entity. Please confirm Arbitrage Event's Mean Deviation of 0.1489, semi deviation of 0.1901, and Risk Adjusted Performance of 0.0166 to double-check if the risk estimate we provide is consistent with the expected return of 0.0055%.
Arbitrage Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Arbitrage |
Sharpe Ratio = 0.0264
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGEAX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Arbitrage Event is performing at about 2% 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 Event by adding it to a well-diversified portfolio.
Arbitrage Event Valuation on August 5, 2024
It is possible to determine the worth of Arbitrage Event on a given historical date. On August 5, 2024 Arbitrage was worth 11.64 at the beginning of the trading date compared to the closed value of 11.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arbitrage Event mutual fund. Still, in general, we apply an absolute valuation method to find Arbitrage Event'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 Event where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arbitrage Event's related companies.
| Open | High | Low | Close | Volume | |
| 11.70 | 11.70 | 11.70 | 11.70 | 1.00 | |
08/05/2024 | 11.64 | 11.64 | 11.64 | 11.64 | 1.00 |
| 11.66 | 11.66 | 11.66 | 11.66 | 1.00 |
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Arbitrage Event Trading Date Momentum on August 5, 2024
| On August 06 2024 The Arbitrage Event Driven was traded for 11.66 at the closing time. The highest daily price throughout the period was 11.66 and the lowest price was 11.66 . There was no trading activity during the period 1.0. Lack of trading volume on 08/06/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.17% . The trading price change to current closing price is 1.12% . |
Arbitrage Event Fundamentals Correlations and Trends
By evaluating Arbitrage Event'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 Event'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 Event Mutual Fund history
Arbitrage Event 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 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 Arbitrage Event stock prices may prove useful in developing a viable investing in Arbitrage Event
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.
Arbitrage Event Mutual Fund Technical Analysis
Arbitrage Event 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 Event Period Price Range
Low | November 11, 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.
Arbitrage Event November 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Arbitrage Event 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 Event shares will generate the highest return on investment. By undertsting and applying Arbitrage Event mutual fund market strength indicators, traders can identify The Arbitrage Event Driven entry and exit signals to maximize returns
Arbitrage Event Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arbitrage Event'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 | 0.0166 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.56) | |||
| Treynor Ratio | 0.0147 |
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| Volume Indicators |
Other Information on Investing in Arbitrage Mutual Fund
Arbitrage Event 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 Event security.
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