Api Short Term Fund Price on October 29, 2024
APIBX Fund | USD 4.13 0.01 0.24% |
Below is the normalized historical share price chart for Api Short Term extending back to May 31, 2013. 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 Short stands at 4.13, as last reported on the 9th of January, with the highest price reaching 4.13 and the lowest price hitting 4.13 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 Short Term secures Sharpe Ratio (or Efficiency) of -0.0258, which signifies that the fund had a -0.0258% return per unit of risk over the last 3 months. Api Short Term exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Api Short's Mean Deviation of 0.0792, risk adjusted performance of (0.07), and Standard Deviation of 0.1436 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 = -0.0258
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Estimated Market Risk
0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Api Short 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 Short by adding Api Short to a well-diversified portfolio.
Api Short Valuation on October 29, 2024
It is possible to determine the worth of Api Short on a given historical date. On October 29, 2024 Api was worth 4.13 at the beginning of the trading date compared to the closed value of 4.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Api Short mutual fund. Still, in general, we apply an absolute valuation method to find Api Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Api Short's related companies.
Open | High | Low | Close | Volume | |
4.13 | 4.13 | 4.13 | 4.13 | 1.00 | |
10/29/2024 | 4.13 | 4.13 | 4.13 | 4.13 | 1.00 |
4.13 | 4.13 | 4.13 | 4.13 | 1.00 |
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Api Short Trading Date Momentum on October 29, 2024
On October 30 2024 Api Short Term was traded for 4.13 at the closing time. The highest daily price throughout the period was 4.13 and the lowest price was 4.13 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 did not affect price variability. The overall trading delta to current closing price is 0.24% . |
Api Short Term Fundamentals Correlations and Trends
By evaluating Api Short'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 Short'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 Short Mutual Fund history
Api Short 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 Short Term 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 Short stock prices may prove useful in developing a viable investing in Api Short
Under normal circumstances, the fund invests at least 80 percent of its assets in fixed income securities that, in the Advisers opinion, offer the opportunity for income consistent with preservation of capital. Its portfolio will have an average aggregate maturity of not more than three years. The fund seeks to provide diversification by allocating its investments among various areas of the fixed income markets. It primarily invests in the investment grade debt securities of various types.
Api Short Mutual Fund Technical Analysis
Api Short 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 Short Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Api Short Term 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 Short January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Api Short 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 Short shares will generate the highest return on investment. By undertsting and applying Api Short mutual fund market strength indicators, traders can identify Api Short Term entry and exit signals to maximize returns
Api Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Api Short'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 | (0.07) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (0.54) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Api Mutual Fund
Api Short 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 Short security.
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