Government Bond Fund Price on October 1, 2024
| CPTNX Fund | USD 9.22 0.03 0.33% |
Below is the normalized historical share price chart for Government Bond Fund extending back to June 09, 1993. 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 Government Bond stands at 9.22, as last reported on the 22nd of December, with the highest price reaching 9.22 and the lowest price hitting 9.22 during the day.
If you're considering investing in Government Mutual Fund, it is important to understand the factors that can impact its price. Government Bond holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Government Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Government Bond's Risk Adjusted Performance of (0.18), standard deviation of 0.3105, and Market Risk Adjusted Performance of (2.10) to validate the risk estimate we provide.
Government Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Government |
Sharpe Ratio = -0.2024
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| Negative Returns | CPTNX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Government Bond 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 Government Bond by adding Government Bond to a well-diversified portfolio.
Government Bond Valuation on October 1, 2024
It is possible to determine the worth of Government Bond on a given historical date. On October 1, 2024 Government was worth 9.64 at the beginning of the trading date compared to the closed value of 9.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Government Bond mutual fund. Still, in general, we apply an absolute valuation method to find Government Bond'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 Government Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Government Bond's related companies.
| Open | High | Low | Close | Volume | |
| 9.61 | 9.61 | 9.61 | 9.61 | 1.00 | |
10/01/2024 | 9.64 | 9.64 | 9.64 | 9.64 | 1.00 |
| 9.62 | 9.62 | 9.62 | 9.62 | 1.00 |
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Government Bond Trading Date Momentum on October 1, 2024
| On October 02 2024 Government Bond Fund was traded for 9.62 at the closing time. The highest daily price throughout the period was 9.62 and the lowest price was 9.62 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.21% . The overall trading delta to current closing price is 2.07% . |
Government Bond Fundamentals Correlations and Trends
By evaluating Government Bond'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 Government Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Government financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Government Bond Mutual Fund history
Government Bond 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 Government is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Government Bond 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 Government Bond stock prices may prove useful in developing a viable investing in Government Bond
Under normal market conditions, the fund invests at least 80 percent of its net assets in U.S. government debt securities, including U.S. Treasury securities and other securities issued or guaranteed by the U.S. government and its agencies and instrumentalities.
Government Bond Mutual Fund Technical Analysis
Government Bond 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
Government Bond Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Government Bond Fund 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.
Government Bond December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Government Bond 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 Government Bond shares will generate the highest return on investment. By undertsting and applying Government Bond mutual fund market strength indicators, traders can identify Government Bond Fund entry and exit signals to maximize returns
Government Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Government Bond's price direction in advance. Along with the technical and fundamental analysis of Government Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Government 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 | (0.18) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (2.11) |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Government Mutual Fund
Government Bond financial ratios help investors to determine whether Government 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 Government with respect to the benefits of owning Government Bond security.
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