Defensive Market Strategies Fund Price on November 5, 2024
| GDMZX Fund | USD 12.12 0.03 0.25% |
Below is the normalized historical share price chart for Defensive Market Strategies extending back to September 01, 2011. 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 Defensive Market stands at 12.12, as last reported on the 15th of December 2024, with the highest price reaching 12.12 and the lowest price hitting 12.12 during the day.
If you're considering investing in Defensive Mutual Fund, it is important to understand the factors that can impact its price. Defensive Market Str secures Sharpe Ratio (or Efficiency) of -0.0464, which denotes the fund had a -0.0464% return per unit of risk over the last 3 months. Defensive Market Strategies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Defensive Market's Standard Deviation of 0.8578, variance of 0.7359, and Mean Deviation of 0.3594 to check the risk estimate we provide.
Defensive Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Defensive |
Sharpe Ratio = -0.0464
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GDMZX |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Defensive Market 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 Defensive Market by adding Defensive Market to a well-diversified portfolio.
Defensive Market Valuation on November 5, 2024
It is possible to determine the worth of Defensive Market on a given historical date. On November 5, 2024 Defensive was worth 12.57 at the beginning of the trading date compared to the closed value of 12.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defensive Market mutual fund. Still, in general, we apply an absolute valuation method to find Defensive Market'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 Defensive Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defensive Market's related companies.
| Open | High | Low | Close | Volume | |
| 12.48 | 12.48 | 12.48 | 12.48 | 1.00 | |
11/05/2024 | 12.57 | 12.57 | 12.57 | 12.57 | 1.00 |
| 12.73 | 12.73 | 12.73 | 12.73 | 1.00 |
| Backtest Defensive Market | | | Defensive Market History | | | Defensive Market Valuation | Previous | Next |
Defensive Market Trading Date Momentum on November 5, 2024
| On November 06 2024 Defensive Market Strategies was traded for 12.73 at the closing time. The highest daily price throughout the period was 12.73 and the lowest price was 12.73 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.27% . The overall trading delta to current closing price is 1.67% . |
Defensive Market Str Fundamentals Correlations and Trends
By evaluating Defensive Market'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 Defensive Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Defensive financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Defensive Market Mutual Fund history
Defensive Market 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 Defensive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defensive Market Str 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 Defensive Market stock prices may prove useful in developing a viable investing in Defensive Market
To pursue its investment objective, the fund utilizes principal investment strategies, managed by the funds Sub-Advisers under the ultimate supervision of the Adviser. It allocates 20-80 percent of its assets in Long Only Equity, 0-50 percent in Convertible Bond and 0-35 percent in Long-Short Equity, 0-70 percent in Options Equity.
Defensive Market Mutual Fund Technical Analysis
Defensive Market 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
Defensive Market Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Defensive Market Strategies 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.
Defensive Market December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Defensive Market 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 Defensive Market shares will generate the highest return on investment. By undertsting and applying Defensive Market mutual fund market strength indicators, traders can identify Defensive Market Strategies entry and exit signals to maximize returns
Defensive Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defensive Market's price direction in advance. Along with the technical and fundamental analysis of Defensive Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defensive 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
Other Information on Investing in Defensive Mutual Fund
Defensive Market financial ratios help investors to determine whether Defensive 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 Defensive with respect to the benefits of owning Defensive Market security.
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