Renaissance Global Science Fund Price on December 11, 2024
| 0P0000760C | 29.34 0.10 0.34% |
If you're considering investing in Renaissance Fund, it is important to understand the factors that can impact its price. As of today, the current price of Renaissance Global stands at 29.34, as last reported on the 9th of January, with the highest price reaching 29.34 and the lowest price hitting 29.34 during the day. At this point, Renaissance Global is very steady. Renaissance Global maintains Sharpe Ratio (i.e., Efficiency) of 0.0854, which implies the entity had a 0.0854% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Renaissance Global, which you can use to evaluate the volatility of the fund. Please check Renaissance Global's Semi Deviation of 0.7737, risk adjusted performance of 0.122, and Coefficient Of Variation of 660.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0799%.
Renaissance Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Renaissance |
Sharpe Ratio = 0.0854
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| Cash | 0P0000760C | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Renaissance Global is performing at about 6% 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 Renaissance Global by adding it to a well-diversified portfolio.
Renaissance Global Valuation on December 11, 2024
It is possible to determine the worth of Renaissance Global on a given historical date. On December 11, 2024 Renaissance was worth 29.29 at the beginning of the trading date compared to the closed value of 29.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renaissance Global fund. Still, in general, we apply an absolute valuation method to find Renaissance Global'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 Renaissance Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renaissance Global's related companies.
| Open | High | Low | Close | Volume | |
| 28.99 | 28.99 | 28.99 | 28.99 | 1.00 | |
12/11/2024 | 29.29 | 29.29 | 29.29 | 29.29 | 1.00 |
| 29.22 | 29.22 | 29.22 | 29.22 | 1.00 |
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Renaissance Global Trading Date Momentum on December 11, 2024
| On December 12 2024 Renaissance Global Science was traded for 29.22 at the closing time. The highest price during the trading period was 29.22 and the lowest recorded bid was listed for 29.22 . There was no trading activity during the period 1.0. Lack of trading volume on December 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.24% . The trading delta at closing time to the current price is 0.07% . |
Price Boundaries
Renaissance Global Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
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Renaissance Global January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Renaissance Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renaissance Global shares will generate the highest return on investment. By undertsting and applying Renaissance Global fund market strength indicators, traders can identify Renaissance Global Science entry and exit signals to maximize returns
Renaissance Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renaissance Global's price direction in advance. Along with the technical and fundamental analysis of Renaissance Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renaissance 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 | 0.122 | |||
| Jensen Alpha | 0.1325 | |||
| Total Risk Alpha | 0.109 | |||
| Sortino Ratio | 0.1099 | |||
| Treynor Ratio | (0.68) |
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| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity 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 |