Global Equity Fund Price on October 5, 2023
| JGEFX Fund | USD 11.79 0.05 0.42% |
Below is the normalized historical share price chart for Global Equity Fund extending back to May 16, 2013. 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 Global Equity stands at 11.79, as last reported on the 29th of December, with the highest price reaching 11.79 and the lowest price hitting 11.79 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. Global Equity holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Global Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Equity's Risk Adjusted Performance of (0.11), standard deviation of 1.48, and Market Risk Adjusted Performance of 1.6 to validate the risk estimate we provide.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.1567
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JGEFX |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Equity 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 Global Equity by adding Global Equity to a well-diversified portfolio.
Global Equity Valuation on October 5, 2023
It is possible to determine the worth of Global Equity on a given historical date. On October 5, 2023 Global was worth 10.87 at the beginning of the trading date compared to the closed value of 10.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Equity mutual fund. Still, in general, we apply an absolute valuation method to find Global Equity'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 Global Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Equity's related companies.
| Open | High | Low | Close | Volume | |
| 10.81 | 10.81 | 10.81 | 10.81 | 1.00 | |
10/05/2023 | 10.87 | 10.87 | 10.87 | 10.87 | 1.00 |
| 10.98 | 10.98 | 10.98 | 10.98 | 1.00 |
| Backtest Global Equity | | | Global Equity History | | | Global Equity Valuation | Previous | Next |
Global Equity Trading Date Momentum on October 5, 2023
| On October 06 2023 Global Equity Fund was traded for 10.98 at the closing time. The highest daily price throughout the period was 10.98 and the lowest price was 10.98 . There was no trading activity during the period 1.0. Lack of trading volume on 10/06/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.01% . The overall trading delta to current closing price is 2.39% . |
Global Equity Fundamentals Correlations and Trends
By evaluating Global Equity'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 Global Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Equity Mutual Fund history
Global Equity 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Equity 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 Global Equity stock prices may prove useful in developing a viable investing in Global Equity
The fund seeks to generate capital appreciation by investing at least 80 percent of net assets in a diversified portfolio of equity securities. Under normal market conditions, at least 40 percent of the value of the funds net assets will be invested in securities of issuers domiciled outside of the United States. Equity securities include common and preferred stocks and their equivalents, including depositary receipts, warrants, rights, and convertible securities. It may invest in securities of any market-capitalization.
Global Equity Mutual Fund Technical Analysis
Global Equity 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
Global Equity Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Global Equity 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.
Global Equity December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Equity 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 Global Equity shares will generate the highest return on investment. By undertsting and applying Global Equity mutual fund market strength indicators, traders can identify Global Equity Fund entry and exit signals to maximize returns
Global Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Equity's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | (0.11) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 1.59 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Equity financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Equity security.
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