Ab Global Real Fund Price on October 23, 2023
| AREAX Fund | USD 14.99 0.07 0.46% |
Below is the normalized historical share price chart for Ab Global Real extending back to April 03, 1997. 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 Global stands at 14.99, as last reported on the 13th of December 2024, with the highest price reaching 14.99 and the lowest price hitting 14.99 during the day.
If you're considering investing in AREAX Mutual Fund, it is important to understand the factors that can impact its price. Ab Global Real retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the fund had a -0.14% return per unit of price deviation over the last 3 months. Ab Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Global's Information Ratio of (0.26), variance of 0.5195, and Market Risk Adjusted Performance of (0.39) to double-check the risk estimate we provide.
AREAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
AREAX |
Sharpe Ratio = -0.1439
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AREAX |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ab Global 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 Global by adding Ab Global to a well-diversified portfolio.
Ab Global Valuation on October 23, 2023
It is possible to determine the worth of Ab Global on a given historical date. On October 23, 2023 AREAX was worth 11.66 at the beginning of the trading date compared to the closed value of 11.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Global mutual fund. Still, in general, we apply an absolute valuation method to find Ab Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Global's related companies.
| Open | High | Low | Close | Volume | |
| 11.74 | 11.74 | 11.74 | 11.74 | 1.00 | |
10/23/2023 | 11.66 | 11.66 | 11.66 | 11.66 | 1.00 |
| 11.77 | 11.77 | 11.77 | 11.77 | 1.00 |
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Ab Global Trading Date Momentum on October 23, 2023
| On October 24 2023 Ab Global Real was traded for 11.77 at the closing time. The highest daily price throughout the period was 11.77 and the lowest price was 11.77 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.94% . The overall trading delta to current closing price is 5.23% . |
Ab Global Real Fundamentals Correlations and Trends
By evaluating Ab Global'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 Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AREAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Global Mutual Fund history
Ab Global 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 AREAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Global Real 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 Global stock prices may prove useful in developing a viable investing in Ab Global
Under normal circumstances, the fund invests at least 80 percent of its net assets in the equity securities of real estate investment trusts, or REITs, and other real estate industry companies, such as real estate operating companies, or REOCs. It invests in U.S. and non-U.S. issuers. Under normal circumstances, it invests significantly in securities of non-U.S. companies. In addition, the fund invests, under normal circumstances, in the equity securities of companies located in at least three countries.
Ab Global Mutual Fund Technical Analysis
Ab Global 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 Global Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Ab Global Real 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 Global December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab Global 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 Global shares will generate the highest return on investment. By undertsting and applying Ab Global mutual fund market strength indicators, traders can identify Ab Global Real entry and exit signals to maximize returns
Ab Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Global's price direction in advance. Along with the technical and fundamental analysis of AREAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of AREAX 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 | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.40) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in AREAX Mutual Fund
Ab Global financial ratios help investors to determine whether AREAX 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 AREAX with respect to the benefits of owning Ab Global security.
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