The Arbitrage Fund Price on September 13, 2024
| ARBCX Fund | USD 12.02 0.02 0.17% |
Below is the normalized historical share price chart for The Arbitrage Fund extending back to June 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 Fund stands at 12.02, as last reported on the 10th of November, with the highest price reaching 12.02 and the lowest price hitting 12.02 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 Fund secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for The Arbitrage Fund, which you can use to evaluate the volatility of the entity. Please confirm Arbitrage Fund's Mean Deviation of 0.1497, risk adjusted performance of 0.0869, and Downside Deviation of 0.2022 to double-check if the risk estimate we provide is consistent with the expected return of 0.0299%.
Arbitrage Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Arbitrage |
Sharpe Ratio = 0.1551
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| Negative Returns | ARBCX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Arbitrage Fund is performing at about 12% 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 Fund by adding it to a well-diversified portfolio.
Arbitrage Fund Valuation on September 13, 2024
It is possible to determine the worth of Arbitrage Fund on a given historical date. On September 13, 2024 Arbitrage was worth 11.84 at the beginning of the trading date compared to the closed value of 11.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arbitrage Fund mutual fund. Still, in general, we apply an absolute valuation method to find Arbitrage Fund'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 Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arbitrage Fund's related companies.
| Open | High | Low | Close | Volume | |
| 11.81 | 11.81 | 11.81 | 11.81 | 1.00 | |
09/13/2024 | 11.84 | 11.84 | 11.84 | 11.84 | 1.00 |
| 11.83 | 11.83 | 11.83 | 11.83 | 1.00 |
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Arbitrage Fund Trading Date Momentum on September 13, 2024
| On September 16 2024 The Arbitrage Fund was traded for 11.83 at the closing time. The highest daily price throughout the period was 11.83 and the lowest price was 11.83 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.00% . |
Arbitrage Fund Fundamentals Correlations and Trends
By evaluating Arbitrage Fund'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 Fund'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 Fund Mutual Fund history
Arbitrage Fund 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 Fund 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 Fund stock prices may prove useful in developing a viable investing in Arbitrage Fund
The fund will invest at least 80 percent of its net assets in equity securities of companies that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. Merger arbitrage is a highly specialized investment approach designed to profit from the successful completion of mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.
Arbitrage Fund Mutual Fund Technical Analysis
Arbitrage Fund 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 Fund Period Price Range
Low | November 10, 2024
| High |
0.00 | 0.00 |
The Arbitrage Fund 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 Fund November 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Arbitrage Fund 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 Fund shares will generate the highest return on investment. By undertsting and applying Arbitrage Fund mutual fund market strength indicators, traders can identify The Arbitrage Fund entry and exit signals to maximize returns
Arbitrage Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arbitrage Fund'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 | 0.0869 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.69) | |||
| Treynor Ratio | 0.1225 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Arbitrage Mutual Fund
Arbitrage Fund 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 Fund security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |