Ab Value Fund Price on March 1, 2024

ABVAX Fund  USD 16.94  0.03  0.18%   
If you're considering investing in ABVAX Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ab Value stands at 16.94, as last reported on the 3rd of January, with the highest price reaching 16.94 and the lowest price hitting 16.94 during the day. Ab Value Fund retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the fund had a -0.11% return per unit of price deviation over the last 3 months. Ab Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Value's Variance of 2.66, information ratio of (0.11), and Market Risk Adjusted Performance of (0.73) to double-check the risk estimate we provide.
  
ABVAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1073

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ab Value 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 Ab Value by adding Ab Value to a well-diversified portfolio.

Ab Value Valuation on March 1, 2024

It is possible to determine the worth of Ab Value on a given historical date. On March 1, 2024 ABVAX was worth 17.4 at the beginning of the trading date compared to the closed value of 17.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Value mutual fund. Still, in general, we apply an absolute valuation method to find Ab Value'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 Ab Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Value's related companies.
 Open High Low Close Volume
  17.23    17.23    17.23    17.23    1.00  
03/01/2024
  17.40    17.40    17.40    17.40    1.00  
  17.45    17.45    17.45    17.45    1.00  
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Open Value
17.4
17.4
Closing Value
22.29
Upside

Ab Value Trading Date Momentum on March 1, 2024

On March 04 2024 Ab Value Fund was traded for  17.45  at the closing time. The highest daily price throughout the period was 17.45  and the lowest price was  17.45 . There was no trading activity during the period 1.0. Lack of trading volume on 03/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.29% . The overall trading delta to current closing price is 1.03% .

Ab Value Fund Fundamentals Correlations and Trends

By evaluating Ab Value'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 Ab Value's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABVAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ab Value Mutual Fund history

Ab Value 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 ABVAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Value 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 Ab Value stock prices may prove useful in developing a viable investing in Ab Value
The fund invests primarily in a diversified portfolio of equity securities of U.S. companies with relatively large market capitalizations that the Adviser believes are undervalued. Ab Trust is traded on NASDAQ Exchange in the United States.

Ab Value Mutual Fund Technical Analysis

Ab Value 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.
A focus of Ab Value technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab Value trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ab Value Period Price Range

Low
January 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Ab Value 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.

Ab Value January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Ab Value 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 Ab Value shares will generate the highest return on investment. By undertsting and applying Ab Value mutual fund market strength indicators, traders can identify Ab Value Fund entry and exit signals to maximize returns

Ab Value Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ab Value's price direction in advance. Along with the technical and fundamental analysis of ABVAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABVAX 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.

Other Information on Investing in ABVAX Mutual Fund

Ab Value financial ratios help investors to determine whether ABVAX 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 ABVAX with respect to the benefits of owning Ab Value security.
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