Forum Funds Fund Price on October 9, 2024
FLXIX Fund | USD 10.34 0.02 0.19% |
If you're considering investing in Forum Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Forum Funds stands at 10.34, as last reported on the 7th of January, with the highest price reaching 10.34 and the lowest price hitting 10.34 during the day. Forum Funds secures Sharpe Ratio (or Efficiency) of -0.0298, which denotes the fund had a -0.0298% return per unit of risk over the last 3 months. Forum Funds exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forum Funds' Mean Deviation of 0.1413, standard deviation of 0.2924, and Variance of 0.0855 to check the risk estimate we provide.
Forum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Forum |
Sharpe Ratio = -0.0298
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FLXIX |
Estimated Market Risk
0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forum Funds 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 Forum Funds by adding Forum Funds to a well-diversified portfolio.
Forum Funds Valuation on October 9, 2024
It is possible to determine the worth of Forum Funds on a given historical date. On October 9, 2024 Forum was worth 10.4 at the beginning of the trading date compared to the closed value of 10.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forum Funds mutual fund. Still, in general, we apply an absolute valuation method to find Forum Funds' 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 Forum Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forum Funds' related companies.
Open | High | Low | Close | Volume | |
10.40 | 10.40 | 10.40 | 10.40 | 1.00 | |
10/09/2024 | 10.40 | 10.40 | 10.40 | 10.40 | 1.00 |
10.40 | 10.40 | 10.40 | 10.40 | 1.00 |
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Forum Funds Trading Date Momentum on October 9, 2024
On October 10 2024 Forum Funds was traded for 10.40 at the closing time. The highest daily price throughout the period was 10.40 and the lowest price was 10.40 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 did not affect price variability. The overall trading delta to current closing price is 0.19% . |
Forum Funds Fundamentals Correlations and Trends
By evaluating Forum Funds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forum Funds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forum Funds Mutual Fund history
Forum Funds 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 Forum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forum Funds 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 Forum Funds stock prices may prove useful in developing a viable investing in Forum Funds
The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. These convertible securities are typically debt securities or preferred stocks that can be exchanged for, or convert automatically to, common stock. The fund may invest, long or short, in securities of issuers of any market capitalization in the U.S. or abroad.
Forum Funds Mutual Fund Technical Analysis
Forum Funds 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
Forum Funds Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Forum Funds 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.
Forum Funds January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Forum Funds 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 Forum Funds shares will generate the highest return on investment. By undertsting and applying Forum Funds mutual fund market strength indicators, traders can identify Forum Funds entry and exit signals to maximize returns
Forum Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forum Funds' price direction in advance. Along with the technical and fundamental analysis of Forum Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forum 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 | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.53) |
Cycle Indicators | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Forum Mutual Fund
Forum Funds financial ratios help investors to determine whether Forum 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 Forum with respect to the benefits of owning Forum Funds security.
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