Eventide Multi Asset Income Fund Price on July 20, 2023
| ETIMX Fund | USD 15.07 0.04 0.27% |
Below is the normalized historical share price chart for Eventide Multi Asset Income extending back to July 15, 2015. 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 Eventide Multi stands at 15.07, as last reported on the 29th of November, with the highest price reaching 15.07 and the lowest price hitting 15.07 during the day.
If you're considering investing in Eventide Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Eventide Mutual Fund to be very steady. Eventide Multi Asset secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eventide Multi Asset Income, which you can use to evaluate the volatility of the entity. Please confirm Eventide Multi's Mean Deviation of 0.3582, coefficient of variation of 638.36, and Downside Deviation of 0.4397 to check if the risk estimate we provide is consistent with the expected return of 0.0873%.
Eventide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Eventide |
Sharpe Ratio = 0.2038
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Eventide Multi is performing at about 16% of its full potential. 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 Eventide Multi by adding it to a well-diversified portfolio.
Eventide Multi Valuation on July 20, 2023
It is possible to determine the worth of Eventide Multi on a given historical date. On July 20, 2023 Eventide was worth 12.28 at the beginning of the trading date compared to the closed value of 12.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eventide Multi mutual fund. Still, in general, we apply an absolute valuation method to find Eventide Multi'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 Eventide Multi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eventide Multi's related companies.
| Open | High | Low | Close | Volume | |
| 12.31 | 12.31 | 12.31 | 12.31 | 1.00 | |
07/20/2023 | 12.28 | 12.28 | 12.28 | 12.28 | 1.00 |
| 12.31 | 12.31 | 12.31 | 12.31 | 1.00 |
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Eventide Multi Trading Date Momentum on July 20, 2023
| On July 21 2023 Eventide Multi Asset Income was traded for 12.31 at the closing time. The highest daily price throughout the period was 12.31 and the lowest price was 12.31 . There was no trading activity during the period 1.0. Lack of trading volume on 07/21/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.24% . The overall trading delta to current closing price is 0.65% . |
Eventide Multi Asset Fundamentals Correlations and Trends
By evaluating Eventide Multi'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 Eventide Multi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eventide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eventide Multi Mutual Fund history
Eventide Multi 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 Eventide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eventide Multi Asset 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 Eventide Multi stock prices may prove useful in developing a viable investing in Eventide Multi
The fund has significant flexibility to achieve its investment objective by primarily investing in a broad universe of income-producing securities. These securities include debt and equity securities of companies in the U.S. and other markets around the world. Its investments in foreign securities may be made without limitation, directly or through American Depository Receipts.
Eventide Multi Mutual Fund Technical Analysis
Eventide Multi 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
Eventide Multi Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Eventide Multi Asset Income 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.
Eventide Multi November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Eventide Multi 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 Eventide Multi shares will generate the highest return on investment. By undertsting and applying Eventide Multi mutual fund market strength indicators, traders can identify Eventide Multi Asset Income entry and exit signals to maximize returns
Eventide Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eventide Multi's price direction in advance. Along with the technical and fundamental analysis of Eventide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eventide 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 | 0.1129 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.1314 |
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Other Information on Investing in Eventide Mutual Fund
Eventide Multi financial ratios help investors to determine whether Eventide 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 Eventide with respect to the benefits of owning Eventide Multi security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |