Arga Emerging Markets Fund Price on December 20, 2024
| ARMIX Fund | USD 10.57 0.03 0.28% |
Below is the normalized historical share price chart for Arga Emerging Markets extending back to February 17, 1998. 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 Arga Emerging stands at 10.57, as last reported on the 21st of December, with the highest price reaching 10.57 and the lowest price hitting 10.57 during the day.
If you're considering investing in Arga Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Arga Mutual Fund to be not too volatile. Arga Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0205, which signifies that the fund had a 0.0205% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Arga Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Arga Emerging's risk adjusted performance of 0.0346, and Mean Deviation of 0.8604 to double-check if the risk estimate we provide is consistent with the expected return of 0.0254%.
Arga Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Arga |
Sharpe Ratio = 0.0205
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ARMIX |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Arga Emerging is performing at about 1% 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 Arga Emerging by adding it to a well-diversified portfolio.
Arga Emerging Valuation on December 20, 2024
It is possible to determine the worth of Arga Emerging on a given historical date. On December 20, 2024 Arga was worth 10.57 at the beginning of the trading date compared to the closed value of 10.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arga Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Arga Emerging'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 Arga Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arga Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 10.54 | 10.54 | 10.54 | 10.54 | 1.00 | |
12/20/2024 | 10.57 | 10.57 | 10.57 | 10.57 | 1.00 |
| Backtest Arga Emerging | | | Arga Emerging History | | | Arga Emerging Valuation | Previous |
Arga Emerging Trading Date Momentum on December 20, 2024
| On December 20 2024 Arga Emerging Markets was traded for 10.57 at the closing time. The highest daily price throughout the period was 10.57 and the lowest price was 10.57 . There was no trading activity during the period 1.0. Lack of trading volume on 12/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Arga Emerging Markets Fundamentals Correlations and Trends
By evaluating Arga Emerging'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 Arga Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arga Emerging Mutual Fund history
Arga Emerging 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 Arga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arga Emerging Markets 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 Arga Emerging stock prices may prove useful in developing a viable investing in Arga Emerging
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in securities of emerging market companies and in other instruments, such as shares of exchange-traded funds , that have economic characteristics similar to such securities. It mainly invests in common stocks and depositary receipts , European Depositary Receipts and Global Depositary Receipts , but may also invest in preferred stocks, ETFs and real estate investment trusts .
Arga Emerging Mutual Fund Technical Analysis
Arga Emerging 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
Arga Emerging Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Arga Emerging Markets 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.
Arga Emerging December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Arga Emerging 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 Arga Emerging shares will generate the highest return on investment. By undertsting and applying Arga Emerging mutual fund market strength indicators, traders can identify Arga Emerging Markets entry and exit signals to maximize returns
Arga Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arga Emerging's price direction in advance. Along with the technical and fundamental analysis of Arga Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arga 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 | 0.0346 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | 0.0037 | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 4.67 |
| 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 Arga Mutual Fund
Arga Emerging financial ratios help investors to determine whether Arga 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 Arga with respect to the benefits of owning Arga Emerging security.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |