Banking Portfolio Banking Fund Price on November 29, 2024
| FSRBX Fund | USD 34.55 0.04 0.12% |
Below is the normalized historical share price chart for Banking Portfolio Banking extending back to September 14, 1987. 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 Banking Portfolio stands at 34.55, as last reported on the 12th of December 2024, with the highest price reaching 34.55 and the lowest price hitting 34.55 during the day.
If you're considering investing in Banking Mutual Fund, it is important to understand the factors that can impact its price. Banking Portfolio appears to be very steady, given 3 months investment horizon. Banking Portfolio Banking secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Banking Portfolio Banking, which you can use to evaluate the volatility of the entity. Please makes use of Banking Portfolio's Mean Deviation of 1.2, downside deviation of 1.19, and Risk Adjusted Performance of 0.1114 to double-check if our risk estimates are consistent with your expectations.
Banking Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Banking |
Sharpe Ratio = 0.1531
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Banking Portfolio is performing at about 12% 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 Banking Portfolio by adding it to a well-diversified portfolio.
Banking Portfolio Valuation on November 29, 2024
It is possible to determine the worth of Banking Portfolio on a given historical date. On November 29, 2024 Banking was worth 35.38 at the beginning of the trading date compared to the closed value of 35.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banking Portfolio mutual fund. Still, in general, we apply an absolute valuation method to find Banking Portfolio'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 Banking Portfolio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banking Portfolio's related companies.
| Open | High | Low | Close | Volume | |
| 35.50 | 35.50 | 35.50 | 35.50 | 1.00 | |
11/29/2024 | 35.38 | 35.38 | 35.38 | 35.38 | 1.00 |
| 35.13 | 35.13 | 35.13 | 35.13 | 1.00 |
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Banking Portfolio Trading Date Momentum on November 29, 2024
| On December 02 2024 Banking Portfolio Banking was traded for 35.13 at the closing time. The highest daily price throughout the period was 35.13 and the lowest price was 35.13 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.71% . The overall trading delta to current closing price is 2.52% . |
Banking Portfolio Banking Fundamentals Correlations and Trends
By evaluating Banking Portfolio'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 Banking Portfolio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banking financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Banking Portfolio Mutual Fund history
Banking Portfolio 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 Banking is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banking Portfolio Banking 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 Banking Portfolio stock prices may prove useful in developing a viable investing in Banking Portfolio
The fund invests primarily in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in banking. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Banking Portfolio Mutual Fund Technical Analysis
Banking Portfolio 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
Banking Portfolio Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Banking Portfolio Banking 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.
Banking Portfolio December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Banking Portfolio 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 Banking Portfolio shares will generate the highest return on investment. By undertsting and applying Banking Portfolio mutual fund market strength indicators, traders can identify Banking Portfolio Banking entry and exit signals to maximize returns
Banking Portfolio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Banking Portfolio's price direction in advance. Along with the technical and fundamental analysis of Banking Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banking 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 | 0.1114 | |||
| Jensen Alpha | 0.2818 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1358 | |||
| Treynor Ratio | (5.84) |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Banking Mutual Fund
Banking Portfolio financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Portfolio security.
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