Global Absolute Return Fund Price on July 2, 9024
| JHAIX Fund | USD 10.79 0.03 0.28% |
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Global Absolute stands at 10.79, as last reported on the 2nd of December, with the highest price reaching 10.79 and the lowest price hitting 10.79 during the day. At this stage we consider Global Mutual Fund to be very steady. Global Absolute Return holds Efficiency (Sharpe) Ratio of 0.0793, which attests that the entity had a 0.0793% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Absolute Return, which you can use to evaluate the volatility of the entity. Please check out Global Absolute's Market Risk Adjusted Performance of 0.3186, downside deviation of 0.3689, and Risk Adjusted Performance of 0.048 to validate if the risk estimate we provide is consistent with the expected return of 0.0269%.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.0793
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Global Absolute is performing at about 6% 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 Global Absolute by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Global Absolute Mutual Fund history
Global Absolute 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 Absolute Return 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 Absolute stock prices may prove useful in developing a viable investing in Global Absolute
The fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in pursuing its investment objective. Jhf II is traded on NASDAQ Exchange in the United States.
Global Absolute Mutual Fund Technical Analysis
Global Absolute 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 Absolute Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Global Absolute Return 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 Absolute December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Absolute 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 Absolute shares will generate the highest return on investment. By undertsting and applying Global Absolute mutual fund market strength indicators, traders can identify Global Absolute Return entry and exit signals to maximize returns
Global Absolute Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Absolute'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 | 0.048 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.3086 |
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Other Information on Investing in Global Mutual Fund
Global Absolute 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 Absolute security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |