Global Centrated Portfolio Fund Price on August 15, 2023
| MLNAX Fund | USD 22.90 0.11 0.48% |
Below is the normalized historical share price chart for Global Centrated Portfolio extending back to May 27, 2016. 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 Global Concentrated stands at 22.90, as last reported on the 21st of September, with the highest price reaching 22.90 and the lowest price hitting 22.90 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Global Mutual Fund to be very steady. Global Centrated Por holds Efficiency (Sharpe) Ratio of 0.0495, which attests that the entity had a 0.0495% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Global Centrated Por, which you can use to evaluate the volatility of the entity. Please check out Global Concentrated's Market Risk Adjusted Performance of 0.0261, risk adjusted performance of 0.0215, and Downside Deviation of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0619%.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.0495
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Global Concentrated 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 Global Concentrated by adding it to a well-diversified portfolio.
Global Concentrated Valuation on August 15, 2023
It is possible to determine the worth of Global Concentrated on a given historical date. On August 15, 2023 Global was worth 16.34 at the beginning of the trading date compared to the closed value of 16.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Concentrated mutual fund. Still, in general, we apply an absolute valuation method to find Global Concentrated'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 Global Concentrated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Concentrated's related companies.
| Open | High | Low | Close | Volume | |
| 16.54 | 16.54 | 16.54 | 16.54 | 1.00 | |
08/15/2023 | 16.34 | 16.34 | 16.34 | 16.34 | 1.00 |
| 16.20 | 16.20 | 16.20 | 16.20 | 1.00 |
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Global Concentrated Trading Date Momentum on August 15, 2023
| On August 16 2023 Global Centrated Portfolio was traded for 16.20 at the closing time. The highest daily price throughout the period was 16.20 and the lowest price was 16.20 . There was no trading activity during the period 1.0. Lack of trading volume on 08/16/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.86% . The overall trading delta to current closing price is 1.71% . |
Global Centrated Por Fundamentals Correlations and Trends
By evaluating Global Concentrated'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 Global Concentrated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Concentrated Mutual Fund history
Global Concentrated 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Centrated Por 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 Global Concentrated stock prices may prove useful in developing a viable investing in Global Concentrated
The Adviser seeks to achieve the funds investment objective by investing primarily in U.S. and non-U.S. companies. The adviser utilizes both a top-down and a bottom-up stock selection process, seeking investments in companies with attractive valuations, above average appreciation potential and competitive dividend yields. The Adviser primarily uses a sector-neutral factor model that is broadly grouped into the following four categories momentumrisk, valuation, quality and growth to help identify market drivers. The fund is non-diversified.
Global Concentrated Mutual Fund Technical Analysis
Global Concentrated 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
Global Concentrated Period Price Range
Low | September 21, 2024
| High |
0.00 | 0.00 |
Global Centrated Portfolio 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.
Global Concentrated September 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Concentrated 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 Global Concentrated shares will generate the highest return on investment. By undertsting and applying Global Concentrated mutual fund market strength indicators, traders can identify Global Centrated Portfolio entry and exit signals to maximize returns
Global Concentrated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Concentrated's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | 0.0215 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0161 |
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Other Information on Investing in Global Mutual Fund
Global Concentrated financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Concentrated security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |