Ginnie Mae Fund Price on November 21, 2023
If you're considering investing in Ginnie Mutual Fund, it is important to understand the factors that can impact its price. Ginnie Mae Fund holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Ginnie Mae Fund exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ginnie Mae's Standard Deviation of 0.3151, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of (0.91) to validate the risk estimate we provide.
Ginnie Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ginnie |
Sharpe Ratio = -0.1483
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Estimated Market Risk
0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ginnie Mae 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 Ginnie Mae by adding Ginnie Mae to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Price Boundaries
Ginnie Mae Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
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Ginnie Mae January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Ginnie Mae 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 Ginnie Mae shares will generate the highest return on investment. By undertsting and applying Ginnie Mae mutual fund market strength indicators, traders can identify Ginnie Mae Fund entry and exit signals to maximize returns
Ginnie Mae Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ginnie Mae's price direction in advance. Along with the technical and fundamental analysis of Ginnie Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ginnie 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 | (0.14) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.92) |
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Price Transform | ||
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Tools for Ginnie Mutual Fund
When running Ginnie Mae's price analysis, check to measure Ginnie Mae's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ginnie Mae is operating at the current time. Most of Ginnie Mae's value examination focuses on studying past and present price action to predict the probability of Ginnie Mae's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ginnie Mae's price. Additionally, you may evaluate how the addition of Ginnie Mae to your portfolios can decrease your overall portfolio volatility.
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Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |