Access Flex Bear Fund Price on October 15, 2024
| AFBIX Fund | USD 29.08 0.09 0.31% |
Below is the normalized historical share price chart for Access Flex Bear extending back to April 27, 2005. 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 Access Flex stands at 29.08, as last reported on the 24th of December, with the highest price reaching 29.08 and the lowest price hitting 29.08 during the day.
If you're considering investing in Access Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Access Mutual Fund to be very steady. Access Flex Bear secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Access Flex Bear, which you can use to evaluate the volatility of the entity. Please confirm Access Flex's mean deviation of 0.1766, and Risk Adjusted Performance of 0.1006 to double-check if the risk estimate we provide is consistent with the expected return of 0.0312%.
Access Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Access |
Sharpe Ratio = 0.1276
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Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Access Flex is performing at about 10% 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 Access Flex by adding it to a well-diversified portfolio.
Access Flex Valuation on October 15, 2024
It is possible to determine the worth of Access Flex on a given historical date. On October 15, 2024 Access was worth 28.7 at the beginning of the trading date compared to the closed value of 28.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Access Flex mutual fund. Still, in general, we apply an absolute valuation method to find Access Flex'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 Access Flex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Access Flex's related companies.
| Open | High | Low | Close | Volume | |
| 28.72 | 28.72 | 28.72 | 28.72 | 1.00 | |
10/15/2024 | 28.70 | 28.70 | 28.70 | 28.70 | 1.00 |
| 28.65 | 28.65 | 28.65 | 28.65 | 1.00 |
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Access Flex Trading Date Momentum on October 15, 2024
| On October 16 2024 Access Flex Bear was traded for 28.65 at the closing time. The highest daily price throughout the period was 28.65 and the lowest price was 28.65 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 0.70% . |
Access Flex Bear Fundamentals Correlations and Trends
By evaluating Access Flex'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 Access Flex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Access financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Access Flex Mutual Fund history
Access Flex 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 Access is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Access Flex Bear 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 Access Flex stock prices may prove useful in developing a viable investing in Access Flex
The fund invests primarily in financial instruments that the fund Advisors believes, in combination, should provide investment results that correspond generally to the inverse of the high yield market. It seeks to maintain inverse exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of periods favorable for the high yield market. The fund is non-diversified.
Access Flex Mutual Fund Technical Analysis
Access Flex 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
Access Flex Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Access Flex Bear 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.
Access Flex December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Access Flex 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 Access Flex shares will generate the highest return on investment. By undertsting and applying Access Flex mutual fund market strength indicators, traders can identify Access Flex Bear entry and exit signals to maximize returns
Access Flex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Access Flex's price direction in advance. Along with the technical and fundamental analysis of Access Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Access 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 | 0.1006 | |||
| Jensen Alpha | 0.0285 | |||
| Total Risk Alpha | 0.0202 | |||
| Sortino Ratio | 0.0198 | |||
| Treynor Ratio | (0.44) |
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Other Information on Investing in Access Mutual Fund
Access Flex financial ratios help investors to determine whether Access 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 Access with respect to the benefits of owning Access Flex security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |