Azzad Ethical Fund Price on November 28, 2023
If you're considering investing in Azzad Mutual Fund, it is important to understand the factors that can impact its price. Azzad Ethical secures Sharpe Ratio (or Efficiency) of -0.0986, which signifies that the fund had a -0.0986 % return per unit of risk over the last 3 months. Azzad Ethical Fund exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Azzad Ethical's Mean Deviation of 0.8893, risk adjusted performance of (0.08), and Standard Deviation of 1.15 to double-check the risk estimate we provide.
Azzad Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Azzad |
Sharpe Ratio = -0.0986
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Estimated Market Risk
1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Azzad Ethical 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 Azzad Ethical by adding Azzad Ethical to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
ZLAB | Zai Lab | |
ASLE | AerSale Corp | |
ATS | AT S Austria |
Price Boundaries
Azzad Ethical Period Price Range
Low | March 25, 2025
| High |
0.00 | 0.00 |
Azzad Ethical 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.
Azzad Ethical March 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Azzad Ethical 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 Azzad Ethical shares will generate the highest return on investment. By undertsting and applying Azzad Ethical mutual fund market strength indicators, traders can identify Azzad Ethical Fund entry and exit signals to maximize returns
Azzad Ethical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Azzad Ethical's price direction in advance. Along with the technical and fundamental analysis of Azzad Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Azzad 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 | (0.08) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.12) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Tools for Azzad Mutual Fund
When running Azzad Ethical's price analysis, check to measure Azzad Ethical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Azzad Ethical is operating at the current time. Most of Azzad Ethical's value examination focuses on studying past and present price action to predict the probability of Azzad Ethical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azzad Ethical's price. Additionally, you may evaluate how the addition of Azzad Ethical to your portfolios can decrease your overall portfolio volatility.
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