Aama Equity Fund Price on August 16, 2024
| AMFEX Fund | USD 20.15 0.05 0.25% |
Below is the normalized historical share price chart for Aama Equity Fund extending back to June 30, 2017. 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 Aama Equity stands at 20.15, as last reported on the 17th of December 2024, with the highest price reaching 20.15 and the lowest price hitting 20.15 during the day.
If you're considering investing in Aama Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Aama Mutual Fund to be very steady. Aama Equity Fund secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aama Equity Fund, which you can use to evaluate the volatility of the entity. Please confirm Aama Equity's Mean Deviation of 0.4137, risk adjusted performance of 0.1157, and Downside Deviation of 0.514 to double-check if the risk estimate we provide is consistent with the expected return of 0.0908%.
Aama Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aama |
Sharpe Ratio = 0.1573
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Aama Equity is performing at about 12% 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 Aama Equity by adding it to a well-diversified portfolio.
Aama Equity Valuation on August 16, 2024
It is possible to determine the worth of Aama Equity on a given historical date. On August 16, 2024 Aama was worth 18.8 at the beginning of the trading date compared to the closed value of 18.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aama Equity mutual fund. Still, in general, we apply an absolute valuation method to find Aama Equity'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 Aama Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aama Equity's related companies.
| Open | High | Low | Close | Volume | |
| 18.77 | 18.77 | 18.77 | 18.77 | 1.00 | |
08/16/2024 | 18.80 | 18.80 | 18.80 | 18.80 | 1.00 |
| 18.90 | 18.90 | 18.90 | 18.90 | 1.00 |
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Aama Equity Trading Date Momentum on August 16, 2024
| On August 19 2024 Aama Equity Fund was traded for 18.90 at the closing time. The highest daily price throughout the period was 18.90 and the lowest price was 18.90 . There was no trading activity during the period 1.0. Lack of trading volume on 08/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.53% . The overall trading delta to current closing price is 1.01% . |
Aama Equity Fund Fundamentals Correlations and Trends
By evaluating Aama Equity'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 Aama Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aama Equity Mutual Fund history
Aama Equity 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 Aama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aama Equity 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 Aama Equity stock prices may prove useful in developing a viable investing in Aama Equity
The fund, under normal market circumstances, will invest at least 80 percent of its net assets in equity securities of any size capitalization. It invests primarily in common stocks and ETFs, but may also invest in other types of equity securities including, preferred stock, investments in foreign equity securities through U.S. stock exchange listed ADRs, REITs, or mutual funds that invest in the types of securities in which the fund would normally invest, and securities convertible into such securities.
Aama Equity Mutual Fund Technical Analysis
Aama Equity 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
Aama Equity Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Aama Equity 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.
Aama Equity December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Aama Equity 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 Aama Equity shares will generate the highest return on investment. By undertsting and applying Aama Equity mutual fund market strength indicators, traders can identify Aama Equity Fund entry and exit signals to maximize returns
Aama Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aama Equity's price direction in advance. Along with the technical and fundamental analysis of Aama Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aama 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 | 0.1157 | |||
| Jensen Alpha | 0.0804 | |||
| Total Risk Alpha | 0.0239 | |||
| Sortino Ratio | 0.015 | |||
| Treynor Ratio | 2.39 |
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| Volume Indicators |
Other Information on Investing in Aama Mutual Fund
Aama Equity financial ratios help investors to determine whether Aama 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 Aama with respect to the benefits of owning Aama Equity security.
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