Ab California Portfolio Fund Price on December 18, 2024
| ALCAX Fund | USD 10.47 0.02 0.19% |
Below is the normalized historical share price chart for Ab California Portfolio extending back to January 10, 1989. 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 Ab California stands at 10.47, as last reported on the 25th of December, with the highest price reaching 10.47 and the lowest price hitting 10.47 during the day.
If you're considering investing in ALCAX Mutual Fund, it is important to understand the factors that can impact its price. Ab California Portfolio retains Efficiency (Sharpe Ratio) of -0.0999, which signifies that the fund had a -0.0999% return per unit of price deviation over the last 3 months. Ab California exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab California's Information Ratio of (0.28), market risk adjusted performance of (0.74), and Variance of 0.0683 to double-check the risk estimate we provide.
ALCAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
ALCAX |
Sharpe Ratio = -0.0999
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| Negative Returns | ALCAX |
Estimated Market Risk
| 0.27 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
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ab California 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 California by adding Ab California to a well-diversified portfolio.
Ab California Valuation on December 18, 2024
It is possible to determine the worth of Ab California on a given historical date. On December 18, 2024 ALCAX was worth 10.53 at the beginning of the trading date compared to the closed value of 10.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab California mutual fund. Still, in general, we apply an absolute valuation method to find Ab California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab California's related companies.
| Open | High | Low | Close | Volume | |
| 10.56 | 10.56 | 10.56 | 10.56 | 1.00 | |
12/18/2024 | 10.53 | 10.53 | 10.53 | 10.53 | 1.00 |
| 10.45 | 10.45 | 10.45 | 10.45 | 1.00 |
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Ab California Trading Date Momentum on December 18, 2024
| On December 19 2024 Ab California Portfolio was traded for 10.45 at the closing time. The highest daily price throughout the period was 10.45 and the lowest price was 10.45 . There was no trading activity during the period 1.0. Lack of trading volume on 12/19/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.76% . The overall trading delta to current closing price is 0.57% . |
Ab California Portfolio Fundamentals Correlations and Trends
By evaluating Ab California'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 California's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALCAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab California Mutual Fund history
Ab California 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 ALCAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab California Portfolio 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 California stock prices may prove useful in developing a viable investing in Ab California
The fund invests principally in high-yielding, predominantly investment grade municipal securities. It invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax for certain taxpayers.
Ab California Mutual Fund Technical Analysis
Ab California 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
Ab California Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Ab California Portfolio 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 California December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab California 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 California shares will generate the highest return on investment. By undertsting and applying Ab California mutual fund market strength indicators, traders can identify Ab California Portfolio entry and exit signals to maximize returns
Ab California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab California's price direction in advance. Along with the technical and fundamental analysis of ALCAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALCAX 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 | (0.11) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.75) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in ALCAX Mutual Fund
Ab California financial ratios help investors to determine whether ALCAX 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 ALCAX with respect to the benefits of owning Ab California security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |