Fmasx Fund Price on October 17, 2024
| FMASX Fund | 15.70 0.20 1.29% |
If you're considering investing in Fmasx Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Fmasx stands at 15.70, as last reported on the 24th of January, with the highest price reaching 15.70 and the lowest price hitting 15.70 during the day. At this stage we consider Fmasx Mutual Fund to be slightly risky. Fmasx secures Sharpe Ratio (or Efficiency) of 0.0619, which denotes the fund had a 0.0619 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fmasx, which you can use to evaluate the volatility of the entity. Please confirm Fmasx's Downside Deviation of 1.31, mean deviation of 0.757, and Semi Deviation of 1.15 to check if the risk estimate we provide is consistent with the expected return of 0.0674%.
Fmasx Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fmasx |
Sharpe Ratio = 0.0619
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| Cash | FMASX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Fmasx is performing at about 4% 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 Fmasx by adding it to a well-diversified portfolio.
Fmasx Valuation on October 17, 2024
It is possible to determine the worth of Fmasx on a given historical date. On October 17, 2024 Fmasx was worth 15.36 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fmasx mutual fund. Still, in general, we apply an absolute valuation method to find Fmasx'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 Fmasx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fmasx's related companies.
| Open | High | Low | Close | Volume | |
| 15.32 | 15.32 | 15.32 | 15.32 | 1.00 | |
10/17/2024 | 15.36 | 15.36 | 15.36 | 15.36 | 1.00 |
| 15.39 | 15.39 | 15.39 | 15.39 | 1.00 |
| Backtest Fmasx | | | Fmasx History | Previous | Next |
Fmasx Trading Date Momentum on October 17, 2024
| On October 18 2024 Fmasx was traded for 15.39 at the closing time. The highest daily price throughout the period was 15.39 and the lowest price was 15.39 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 1.43% . |
Price Boundaries
Fmasx Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Fmasx 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.
Fmasx January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Fmasx 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 Fmasx shares will generate the highest return on investment. By undertsting and applying Fmasx mutual fund market strength indicators, traders can identify Fmasx entry and exit signals to maximize returns
Fmasx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fmasx's price direction in advance. Along with the technical and fundamental analysis of Fmasx Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fmasx 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 | 0.0365 | |||
| Jensen Alpha | 0.0294 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4041 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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