The Fairholme Fund Price on July 25, 2023
| FAIRX Fund | USD 30.36 0.45 1.46% |
Below is the normalized historical share price chart for The Fairholme Fund extending back to August 25, 2000. 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 Fairholme Fund stands at 30.36, as last reported on the 18th of December 2024, with the highest price reaching 30.36 and the lowest price hitting 30.36 during the day.
If you're considering investing in Fairholme Mutual Fund, it is important to understand the factors that can impact its price. Fairholme Fund secures Sharpe Ratio (or Efficiency) of -0.31, which denotes the fund had a -0.31% return per unit of risk over the last 3 months. The Fairholme Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fairholme Fund's Coefficient Of Variation of (415.80), standard deviation of 1.08, and Risk Adjusted Performance of (0.17) to check the risk estimate we provide.
Fairholme Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fairholme |
Sharpe Ratio = -0.3085
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| Negative Returns | FAIRX |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.31 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fairholme Fund 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 Fairholme Fund by adding Fairholme Fund to a well-diversified portfolio.
Fairholme Fund Valuation on July 25, 2023
It is possible to determine the worth of Fairholme Fund on a given historical date. On July 25, 2023 Fairholme was worth 32.92 at the beginning of the trading date compared to the closed value of 32.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fairholme Fund mutual fund. Still, in general, we apply an absolute valuation method to find Fairholme Fund'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 Fairholme Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fairholme Fund's related companies.
| Open | High | Low | Close | Volume | |
| 32.72 | 32.72 | 32.72 | 32.72 | 1.00 | |
07/25/2023 | 32.92 | 32.92 | 32.92 | 32.92 | 1.00 |
| 33.11 | 33.11 | 33.11 | 33.11 | 1.00 |
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Fairholme Fund Trading Date Momentum on July 25, 2023
| On July 26 2023 The Fairholme Fund was traded for 33.11 at the closing time. The highest daily price throughout the period was 33.11 and the lowest price was 33.11 . There was no trading activity during the period 1.0. Lack of trading volume on 07/26/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.58% . The trading price change to current closing price is 9.48% . |
Fairholme Fund Fundamentals Correlations and Trends
By evaluating Fairholme Fund'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 Fairholme Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fairholme financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fairholme Fund Mutual Fund history
Fairholme Fund 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 Fairholme is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fairholme Fund 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 Fairholme Fund stock prices may prove useful in developing a viable investing in Fairholme Fund
Under normal circumstances, to achieve the funds investment objective by investing in a focused portfolio of equity and fixed-income securities. It may invest in common and preferred stock, interests in PTPs, business trust shares, depository receipts, rights and warrants to subscribe for the purchase of equity securities, and interests in REITs. The fund may invest in U.S. corporate debt securities, non-U.S. corporate debt securities, bank debt, U.S. government and agency debt securities, short-term debt obligations of foreign governments and foreign money market instruments. It is non-diversified.
Fairholme Fund Mutual Fund Technical Analysis
Fairholme Fund 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
Fairholme Fund Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
The Fairholme 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.
Fairholme Fund December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Fairholme Fund 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 Fairholme Fund shares will generate the highest return on investment. By undertsting and applying Fairholme Fund mutual fund market strength indicators, traders can identify The Fairholme Fund entry and exit signals to maximize returns
Fairholme Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fairholme Fund's price direction in advance. Along with the technical and fundamental analysis of Fairholme Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fairholme 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 | (0.17) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.38) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Fairholme Mutual Fund
Fairholme Fund financial ratios help investors to determine whether Fairholme 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 Fairholme with respect to the benefits of owning Fairholme Fund security.
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