Api Multi Asset Income Fund Price on November 26, 2024
| AFFCX Fund | USD 7.64 0.02 0.26% |
Below is the normalized historical share price chart for Api Multi Asset Income extending back to May 06, 2016. 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 Api Multi stands at 7.64, as last reported on the 9th of January, with the highest price reaching 7.64 and the lowest price hitting 7.64 during the day.
If you're considering investing in Api Mutual Fund, it is important to understand the factors that can impact its price. Api Multi Asset secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Api Multi Asset Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Api Multi's Mean Deviation of 0.1705, standard deviation of 0.2179, and Risk Adjusted Performance of (0.15) to double-check the risk estimate we provide.
Api Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Api |
Sharpe Ratio = -0.1156
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AFFCX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Api Multi 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 Api Multi by adding Api Multi to a well-diversified portfolio.
Api Multi Valuation on November 26, 2024
It is possible to determine the worth of Api Multi on a given historical date. On November 26, 2024 Api was worth 7.74 at the beginning of the trading date compared to the closed value of 7.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Api Multi mutual fund. Still, in general, we apply an absolute valuation method to find Api Multi'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 Api Multi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Api Multi's related companies.
| Open | High | Low | Close | Volume | |
| 7.75 | 7.75 | 7.75 | 7.75 | 1.00 | |
11/26/2024 | 7.74 | 7.74 | 7.74 | 7.74 | 1.00 |
| 7.76 | 7.76 | 7.76 | 7.76 | 1.00 |
| Backtest Api Multi | | | Api Multi History | | | Api Multi Valuation | Previous | Next |
Api Multi Trading Date Momentum on November 26, 2024
| On November 27 2024 Api Multi Asset Income was traded for 7.76 at the closing time. The highest daily price throughout the period was 7.76 and the lowest price was 7.76 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 0.90% . |
Api Multi Asset Fundamentals Correlations and Trends
By evaluating Api Multi'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 Api Multi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Api financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Api Multi Mutual Fund history
Api Multi 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 Api is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Api Multi Asset 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 Api Multi stock prices may prove useful in developing a viable investing in Api Multi
The fund invests in securities that, in the advisers opinion, offer the opportunity for current income with limited credit risk. The adviser invests directly in equity or debt securities when the adviser believes attractive investment opportunities exist. The adviser may sell a security or redeem shares of an underlying fund given a variety of circumstances.
Api Multi Mutual Fund Technical Analysis
Api Multi 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
Api Multi Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Api Multi Asset Income 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.
Api Multi January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Api Multi 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 Api Multi shares will generate the highest return on investment. By undertsting and applying Api Multi mutual fund market strength indicators, traders can identify Api Multi Asset Income entry and exit signals to maximize returns
Api Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Api Multi's price direction in advance. Along with the technical and fundamental analysis of Api Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Api 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 | (0.15) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.84) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Api Mutual Fund
Api Multi financial ratios help investors to determine whether Api 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 Api with respect to the benefits of owning Api Multi security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |