Ellington Income Opportunities Fund Price on January 7, 2025
| EIOMX Fund | USD 8.56 0.04 0.00% |
If you're considering investing in Ellington Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ellington Income stands at 8.63, as last reported on the 29th of March, with the highest price reaching 8.63 and the lowest price hitting 8.63 during the day. At this stage we consider Ellington Mutual Fund to be very steady. Ellington Income Opp secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ellington Income Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Ellington Income's Mean Deviation of 0.1104, downside deviation of 0.7814, and Coefficient Of Variation of 67130.43 to check if the risk estimate we provide is consistent with the expected return of 4.0E-4%.
Ellington Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ellington |
Sharpe Ratio = 0.0015
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| Negative Returns | EIOMX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ellington Income 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 Ellington Income by adding Ellington Income to a well-diversified portfolio.
Ellington Income Valuation on January 7, 2025
It is possible to determine the worth of Ellington Income on a given historical date. On January 7, 2025 Ellington was worth 8.65 at the beginning of the trading date compared to the closed value of 8.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ellington Income mutual fund. Still, in general, we apply an absolute valuation method to find Ellington Income'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 Ellington Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ellington Income's related companies.
| Open | High | Low | Close | Volume | |
| 8.65 | 8.65 | 8.65 | 8.65 | 1.00 | |
01/07/2025 | 8.65 | 8.65 | 8.65 | 8.65 | 1.00 |
| 8.65 | 8.65 | 8.65 | 8.65 | 1.00 |
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Ellington Income Trading Date Momentum on January 7, 2025
| On January 08 2025 Ellington Income Opportunities was traded for 8.65 at the closing time. The highest daily price throughout the period was 8.65 and the lowest price was 8.65 . There was no trading activity during the period 1.0. Lack of trading volume on 01/08/2025 did not affect price variability. The overall trading delta to current closing price is 0.46% . |
About Ellington Income Mutual Fund history
Ellington Income 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 Ellington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ellington Income Opp 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 Ellington Income stock prices may prove useful in developing a viable investing in Ellington Income
Ellington Income Mutual Fund Technical Analysis
Ellington Income 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
Ellington Income Period Price Range
Low | March 29, 2025
| High |
0.00 | 0.00 |
Ellington Income Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Ellington Income March 29, 2025 Market Strength
Market strength indicators help investors to evaluate how Ellington Income 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 Ellington Income shares will generate the highest return on investment. By undertsting and applying Ellington Income mutual fund market strength indicators, traders can identify Ellington Income Opportunities entry and exit signals to maximize returns
Ellington Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ellington Income's price direction in advance. Along with the technical and fundamental analysis of Ellington Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ellington 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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0093 | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.2548 |
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Other Information on Investing in Ellington Mutual Fund
Ellington Income financial ratios help investors to determine whether Ellington 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 Ellington with respect to the benefits of owning Ellington Income security.
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| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |