Intrepid Income Fund Price on September 18, 2024
| ICMUX Fund | USD 9.09 0.01 0.11% |
Below is the normalized historical share price chart for Intrepid Income Fund extending back to August 16, 2010. 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 Intrepid Income stands at 9.09, as last reported on the 15th of December 2024, with the highest price reaching 9.09 and the lowest price hitting 9.09 during the day.
If you're considering investing in Intrepid Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Intrepid Mutual Fund to be very steady. Intrepid Income holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Intrepid Income, which you can use to evaluate the volatility of the entity. Please check out Intrepid Income's Risk Adjusted Performance of 0.1422, market risk adjusted performance of 0.3594, and Coefficient Of Variation of 377.41 to validate if the risk estimate we provide is consistent with the expected return of 0.0274%.
Intrepid Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Intrepid |
Sharpe Ratio = 0.2299
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Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Intrepid Income is performing at about 18% 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 Intrepid Income by adding it to a well-diversified portfolio.
Intrepid Income Valuation on September 18, 2024
It is possible to determine the worth of Intrepid Income on a given historical date. On September 18, 2024 Intrepid was worth 8.94 at the beginning of the trading date compared to the closed value of 8.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Intrepid Income mutual fund. Still, in general, we apply an absolute valuation method to find Intrepid Income'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 Intrepid Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Intrepid Income's related companies.
| Open | High | Low | Close | Volume | |
| 8.94 | 8.94 | 8.94 | 8.94 | 1.00 | |
09/18/2024 | 8.94 | 8.94 | 8.94 | 8.94 | 1.00 |
| 8.97 | 8.97 | 8.97 | 8.97 | 1.00 |
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Intrepid Income Trading Date Momentum on September 18, 2024
| On September 19 2024 Intrepid Income Fund was traded for 8.97 at the closing time. The highest daily price throughout the period was 8.97 and the lowest price was 8.97 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.34% . The trading delta at closing time to current closing price is 0.67% . |
Intrepid Income Fundamentals Correlations and Trends
By evaluating Intrepid Income'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 Intrepid Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Intrepid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Intrepid Income Mutual Fund history
Intrepid Income 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 Intrepid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Intrepid Income 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 Intrepid Income stock prices may prove useful in developing a viable investing in Intrepid Income
The fund primarily invests in a diversified portfolio of fixed-income securities. Its fixed income securities will consist principally of high-yield corporate debt securities, bank debt , convertible debt, and U.S. government securities. The funds investments in debt instruments will not be limited in duration, but typically will be in securities having a duration of two to six years at the time of purchase.
Intrepid Income Mutual Fund Technical Analysis
Intrepid Income 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
Intrepid Income Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Intrepid Income 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.
Intrepid Income December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Intrepid Income 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 Intrepid Income shares will generate the highest return on investment. By undertsting and applying Intrepid Income mutual fund market strength indicators, traders can identify Intrepid Income Fund entry and exit signals to maximize returns
Intrepid Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Intrepid Income's price direction in advance. Along with the technical and fundamental analysis of Intrepid Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Intrepid 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 | 0.1422 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.3494 |
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Other Information on Investing in Intrepid Mutual Fund
Intrepid Income financial ratios help investors to determine whether Intrepid 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 Intrepid with respect to the benefits of owning Intrepid Income security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
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