Regional Bank Fund Price on January 26, 2023
| FRBAX Fund | USD 32.98 0.19 0.58% |
Below is the normalized historical share price chart for Regional Bank Fund extending back to June 24, 1992. 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 Regional Bank stands at 32.98, as last reported on the 18th of December 2024, with the highest price reaching 32.98 and the lowest price hitting 32.98 during the day.
If you're considering investing in Regional Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Regional Mutual Fund to be very steady. Regional Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0967, which implies the entity had a 0.0967% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Regional Bank, which you can use to evaluate the volatility of the fund. Please check Regional Bank's Coefficient Of Variation of 770.3, semi deviation of 0.9986, and Risk Adjusted Performance of 0.1004 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Regional Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Regional |
Sharpe Ratio = 0.0967
| Best Portfolio | Best Equity | |||
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| Small Returns | FRBAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Regional Bank is performing at about 7% 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 Regional Bank by adding it to a well-diversified portfolio.
Regional Bank Valuation on January 26, 2023
It is possible to determine the worth of Regional Bank on a given historical date. On January 26, 2023 Regional was worth 26.23 at the beginning of the trading date compared to the closed value of 26.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Regional Bank mutual fund. Still, in general, we apply an absolute valuation method to find Regional Bank'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 Regional Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Regional Bank's related companies.
| Open | High | Low | Close | Volume | |
| 26.15 | 26.15 | 26.15 | 26.15 | 1.00 | |
01/26/2023 | 26.23 | 26.23 | 26.23 | 26.23 | 1.00 |
| 26.35 | 26.35 | 26.35 | 26.35 | 1.00 |
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Regional Bank Trading Date Momentum on January 26, 2023
| On January 27 2023 Regional Bank Fund was traded for 26.35 at the closing time. The highest daily price throughout the period was 26.35 and the lowest price was 26.35 . There was no trading activity during the period 1.0. Lack of trading volume on 01/27/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.46% . The trading delta at closing time to current closing price is 4.50% . |
Regional Bank Fundamentals Correlations and Trends
By evaluating Regional Bank'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 Regional Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Regional financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Regional Bank Mutual Fund history
Regional Bank 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 Regional is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Regional Bank 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 Regional Bank stock prices may prove useful in developing a viable investing in Regional Bank
The fund normally invests at least 80 percent of its net assets in equity securities of regional banks. Such regional banks may be of any size and may include, but are not limited to, commercial banks, industrial banks, savings and loan associations, and financial and bank holding companies. It may also invest in other U.S. and foreign financial services companies. The fund may invest up to 5 percent of net assets in stocks of companies outside the financial services sector and up to 5 percent of net assets in below-investment-grade bonds rated as low as CCC.
Regional Bank Mutual Fund Technical Analysis
Regional Bank 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
Regional Bank Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Regional Bank 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.
Regional Bank December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Regional Bank 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 Regional Bank shares will generate the highest return on investment. By undertsting and applying Regional Bank mutual fund market strength indicators, traders can identify Regional Bank Fund entry and exit signals to maximize returns
Regional Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Regional Bank's price direction in advance. Along with the technical and fundamental analysis of Regional Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Regional 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 | 0.1004 | |||
| Jensen Alpha | 0.2479 | |||
| Total Risk Alpha | 0.0897 | |||
| Sortino Ratio | 0.1558 | |||
| Treynor Ratio | (75.07) |
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| Volume Indicators |
Other Information on Investing in Regional Mutual Fund
Regional Bank financial ratios help investors to determine whether Regional 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 Regional with respect to the benefits of owning Regional Bank security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |