Guinness Atkinson Asia Fund Price on October 25, 2024
| IASMX Fund | USD 15.43 0.33 2.09% |
If you're considering investing in Guinness Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Guinness Atkinson stands at 15.43, as last reported on the 11th of December 2024, with the highest price reaching 15.43 and the lowest price hitting 15.43 during the day. At this stage we consider Guinness Mutual Fund to be very steady. Guinness Atkinson Asia holds Efficiency (Sharpe) Ratio of 0.0946, which attests that the entity had a 0.0946% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Guinness Atkinson Asia, which you can use to evaluate the volatility of the entity. Please check out Guinness Atkinson's Market Risk Adjusted Performance of (0.59), risk adjusted performance of 0.0737, and Downside Deviation of 1.57 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Guinness Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guinness |
Sharpe Ratio = 0.0946
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| Cash | Small Risk | IASMX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Guinness Atkinson 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 Guinness Atkinson by adding it to a well-diversified portfolio.
Guinness Atkinson Valuation on October 25, 2024
It is possible to determine the worth of Guinness Atkinson on a given historical date. On October 25, 2024 Guinness was worth 15.34 at the beginning of the trading date compared to the closed value of 15.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guinness Atkinson mutual fund. Still, in general, we apply an absolute valuation method to find Guinness Atkinson'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 Guinness Atkinson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guinness Atkinson's related companies.
| Open | High | Low | Close | Volume | |
| 15.27 | 15.27 | 15.27 | 15.27 | 1.00 | |
10/25/2024 | 15.34 | 15.34 | 15.34 | 15.34 | 1.00 |
| 15.45 | 15.45 | 15.45 | 15.45 | 1.00 |
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Guinness Atkinson Trading Date Momentum on October 25, 2024
| On October 28 2024 Guinness Atkinson Asia was traded for 15.45 at the closing time. The highest daily price throughout the period was 15.45 and the lowest price was 15.45 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.72% . The overall trading delta to current closing price is 0.33% . |
Guinness Atkinson Asia Fundamentals Correlations and Trends
By evaluating Guinness Atkinson'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 Guinness Atkinson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guinness financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guinness Atkinson Mutual Fund history
Guinness Atkinson 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 Guinness is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guinness Atkinson Asia 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 Guinness Atkinson stock prices may prove useful in developing a viable investing in Guinness Atkinson
The fund invests at least 80 percent of its net assets in publicly-traded equity securities of companies that are tied economically to countries in Asia excluding Japan. Guinness Atkinson is traded on NASDAQ Exchange in the United States.
Guinness Atkinson Mutual Fund Technical Analysis
Guinness Atkinson 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
Guinness Atkinson Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Guinness Atkinson Asia 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.
Guinness Atkinson December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Guinness Atkinson 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 Guinness Atkinson shares will generate the highest return on investment. By undertsting and applying Guinness Atkinson mutual fund market strength indicators, traders can identify Guinness Atkinson Asia entry and exit signals to maximize returns
Guinness Atkinson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guinness Atkinson's price direction in advance. Along with the technical and fundamental analysis of Guinness Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guinness 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 | 0.0737 | |||
| Jensen Alpha | 0.1636 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0145 | |||
| Treynor Ratio | (0.60) |
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Other Information on Investing in Guinness Mutual Fund
Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
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