Ab Wealth Appreciation Fund Price on December 19, 2024
| AWAYX Fund | USD 20.87 0.13 0.63% |
Below is the normalized historical share price chart for Ab Wealth Appreciation extending back to November 06, 2003. 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 Wealth stands at 20.87, as last reported on the 21st of December, with the highest price reaching 20.87 and the lowest price hitting 20.87 during the day.
If you're considering investing in AWAYX Mutual Fund, it is important to understand the factors that can impact its price. Ab Wealth Appreciation retains Efficiency (Sharpe Ratio) of -0.0799, which signifies that the fund had a -0.0799% return per unit of price deviation over the last 3 months. Ab Wealth exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Wealth's Information Ratio of (0.09), market risk adjusted performance of (0.35), and Variance of 0.9324 to double-check the risk estimate we provide.
AWAYX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
AWAYX |
Sharpe Ratio = -0.0799
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| Negative Returns | AWAYX |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ab Wealth 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 Wealth by adding Ab Wealth to a well-diversified portfolio.
Ab Wealth Valuation on December 19, 2024
It is possible to determine the worth of Ab Wealth on a given historical date. On December 19, 2024 AWAYX was worth 20.74 at the beginning of the trading date compared to the closed value of 20.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Wealth mutual fund. Still, in general, we apply an absolute valuation method to find Ab Wealth'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 Wealth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Wealth's related companies.
| Open | High | Low | Close | Volume | |
| 20.77 | 20.77 | 20.77 | 20.77 | 1.00 | |
12/19/2024 | 20.74 | 20.74 | 20.74 | 20.74 | 1.00 |
| 20.87 | 20.87 | 20.87 | 20.87 | 1.00 |
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Ab Wealth Trading Date Momentum on December 19, 2024
| On December 20 2024 Ab Wealth Appreciation was traded for 20.87 at the closing time. The highest daily price throughout the period was 20.87 and the lowest price was 20.87 . There was no trading activity during the period 1.0. Lack of trading volume on 12/20/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.63% . The overall trading delta to current closing price is 0.63% . |
Ab Wealth Appreciation Fundamentals Correlations and Trends
By evaluating Ab Wealth'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 Wealth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AWAYX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Wealth Mutual Fund history
Ab Wealth 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 AWAYX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Wealth Appreciation 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 Wealth stock prices may prove useful in developing a viable investing in Ab Wealth
The fund invests primarily in equity securities, either directly or through underlying investment companies advised by the Adviser . A majority of the funds assets are expected to be invested directly in U.S. large-cap equity securities, primarily common stocks, in accordance with the Advisers U.S. Strategic Equities investment strategy .
Ab Wealth Mutual Fund Technical Analysis
Ab Wealth 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 Wealth Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Ab Wealth Appreciation 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 Wealth December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab Wealth 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 Wealth shares will generate the highest return on investment. By undertsting and applying Ab Wealth mutual fund market strength indicators, traders can identify Ab Wealth Appreciation entry and exit signals to maximize returns
Ab Wealth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Wealth's price direction in advance. Along with the technical and fundamental analysis of AWAYX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of AWAYX 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 | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.36) |
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| Volume Indicators |
Other Information on Investing in AWAYX Mutual Fund
Ab Wealth financial ratios help investors to determine whether AWAYX 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 AWAYX with respect to the benefits of owning Ab Wealth security.
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