Ab Relative Value Fund Price on October 2, 2024
| CABDX Fund | USD 6.21 0.05 0.81% |
Below is the normalized historical share price chart for Ab Relative Value extending back to May 15, 1986. 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 Relative stands at 6.21, as last reported on the 22nd of December, with the highest price reaching 6.21 and the lowest price hitting 6.21 during the day.
If you're considering investing in CABDX Mutual Fund, it is important to understand the factors that can impact its price. Ab Relative Value retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the fund had a -0.12% return per unit of price deviation over the last 3 months. Ab Relative exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Relative's Information Ratio of (0.14), market risk adjusted performance of (0.20), and Variance of 2.05 to double-check the risk estimate we provide.
CABDX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
CABDX |
Sharpe Ratio = -0.1186
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CABDX |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ab Relative 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 Relative by adding Ab Relative to a well-diversified portfolio.
Ab Relative Valuation on October 2, 2024
It is possible to determine the worth of Ab Relative on a given historical date. On October 2, 2024 CABDX was worth 6.98 at the beginning of the trading date compared to the closed value of 6.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Relative mutual fund. Still, in general, we apply an absolute valuation method to find Ab Relative'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 Relative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Relative's related companies.
| Open | High | Low | Close | Volume | |
| 7.00 | 7.00 | 7.00 | 7.00 | 1.00 | |
10/02/2024 | 6.98 | 6.98 | 6.98 | 6.98 | 1.00 |
| 6.96 | 6.96 | 6.96 | 6.96 | 1.00 |
| Backtest Ab Relative | | | Ab Relative History | | | Ab Relative Valuation | Previous | Next |
Ab Relative Trading Date Momentum on October 2, 2024
| On October 03 2024 Ab Relative Value was traded for 6.96 at the closing time. The highest daily price throughout the period was 6.96 and the lowest price was 6.96 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.29% . The overall trading delta to current closing price is 2.01% . |
Ab Relative Value Fundamentals Correlations and Trends
By evaluating Ab Relative'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 Relative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CABDX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Relative Mutual Fund history
Ab Relative 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 CABDX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Relative Value 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 Relative stock prices may prove useful in developing a viable investing in Ab Relative
The fund invests primarily in the equity securities of U.S. companies that the Adviser believes are trading at attractive valuations that have strong or improving business models. The Adviser monitors the fundamental performance of the funds investments for signs of future financial success. The Adviser relies heavily upon the fundamental analysis and research of its dedicated investment team for the fund in conducting research and making investment decisions.
Ab Relative Mutual Fund Technical Analysis
Ab Relative 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 Relative Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Ab Relative Value 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 Relative December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab Relative 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 Relative shares will generate the highest return on investment. By undertsting and applying Ab Relative mutual fund market strength indicators, traders can identify Ab Relative Value entry and exit signals to maximize returns
Ab Relative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Relative's price direction in advance. Along with the technical and fundamental analysis of CABDX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of CABDX 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 | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.21) |
| 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 CABDX Mutual Fund
Ab Relative financial ratios help investors to determine whether CABDX 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 CABDX with respect to the benefits of owning Ab Relative security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |