Government Long Bond Fund Price on September 5, 2024
RYHBX Fund | USD 22.29 0.36 1.64% |
If you're considering investing in Government Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Government Long stands at 22.29, as last reported on the 13th of November 2024, with the highest price reaching 22.29 and the lowest price hitting 22.29 during the day. Government Long Bond holds Efficiency (Sharpe) Ratio of -0.0852, which attests that the entity had a -0.0852% return per unit of risk over the last 3 months. Government Long Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Government Long's Risk Adjusted Performance of (0.06), standard deviation of 0.9767, and Market Risk Adjusted Performance of 0.3016 to validate the risk estimate we provide.
Government Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Government |
Sharpe Ratio = -0.0852
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Negative Returns | RYHBX |
Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Government Long is not performing at its full potential. However, 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 Government Long by adding Government Long to a well-diversified portfolio.
Government Long Valuation on September 5, 2024
It is possible to determine the worth of Government Long on a given historical date. On September 5, 2024 Government was worth 24.31 at the beginning of the trading date compared to the closed value of 24.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Government Long mutual fund. Still, in general, we apply an absolute valuation method to find Government Long'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 Government Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Government Long's related companies.
Open | High | Low | Close | Volume | |
24.14 | 24.14 | 24.14 | 24.14 | 1.00 | |
09/05/2024 | 24.31 | 24.31 | 24.31 | 24.31 | 1.00 |
24.31 | 24.31 | 24.31 | 24.31 | 1.00 |
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Government Long Trading Date Momentum on September 5, 2024
On September 06 2024 Government Long Bond was traded for 24.31 at the closing time. The highest daily price throughout the period was 24.31 and the lowest price was 24.31 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 did not cause price change. The overall trading delta to current closing price is 1.85% . |
Government Long Bond Fundamentals Correlations and Trends
By evaluating Government Long'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 Government Long's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Government financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Government Long Mutual Fund history
Government Long 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 Government is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Government Long Bond 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 Government Long stock prices may prove useful in developing a viable investing in Government Long
The investment seeks to provide investment results that correspond, before fees and expenses, to 120 percent of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. Government Long is traded on NASDAQ Exchange in the United States.
Government Long Mutual Fund Technical Analysis
Government Long 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
Government Long Period Price Range
Low | November 13, 2024
| High |
0.00 | 0.00 |
Government Long Bond 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.
Government Long November 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Government Long 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 Government Long shares will generate the highest return on investment. By undertsting and applying Government Long mutual fund market strength indicators, traders can identify Government Long Bond entry and exit signals to maximize returns
Government Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Government Long's price direction in advance. Along with the technical and fundamental analysis of Government Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Government 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 | (0.06) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.2916 |
Cycle Indicators | ||
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Pattern Recognition | ||
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Statistic Functions | ||
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Volume Indicators |
Other Information on Investing in Government Mutual Fund
Government Long financial ratios help investors to determine whether Government 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 Government with respect to the benefits of owning Government Long security.
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