Amg Renaissance Large Fund Price on August 21, 2023
| MRLSX Fund | USD 18.69 0.18 0.97% |
Below is the normalized historical share price chart for Amg Renaissance Large extending back to June 03, 2009. 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 Amg Renaissance stands at 18.69, as last reported on the 27th of December, with the highest price reaching 18.69 and the lowest price hitting 18.69 during the day.
If you're considering investing in Amg Mutual Fund, it is important to understand the factors that can impact its price. Amg Renaissance Large secures Sharpe Ratio (or Efficiency) of -0.0333, which signifies that the fund had a -0.0333% return per unit of standard deviation over the last 3 months. Amg Renaissance Large exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amg Renaissance's risk adjusted performance of (0.02), and Mean Deviation of 0.8624 to double-check the risk estimate we provide.
Amg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Amg |
Sharpe Ratio = -0.0333
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| Negative Returns | MRLSX |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amg Renaissance 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 Amg Renaissance by adding Amg Renaissance to a well-diversified portfolio.
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Amg Renaissance Valuation on August 21, 2023
It is possible to determine the worth of Amg Renaissance on a given historical date. On August 21, 2023 Amg was worth 15.16 at the beginning of the trading date compared to the closed value of 15.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amg Renaissance mutual fund. Still, in general, we apply an absolute valuation method to find Amg Renaissance'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 Amg Renaissance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amg Renaissance's related companies.
| Open | High | Low | Close | Volume | |
| 15.06 | 15.06 | 15.06 | 15.06 | 1.00 | |
08/21/2023 | 15.16 | 15.16 | 15.16 | 15.16 | 1.00 |
| 15.13 | 15.13 | 15.13 | 15.13 | 1.00 |
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Amg Renaissance Trading Date Momentum on August 21, 2023
| On August 22 2023 Amg Renaissance Large was traded for 15.13 at the closing time. The highest daily price throughout the period was 15.13 and the lowest price was 15.13 . There was no trading activity during the period 1.0. Lack of trading volume on 08/22/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 2.44% . |
Amg Renaissance Large Fundamentals Correlations and Trends
By evaluating Amg Renaissance'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 Amg Renaissance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amg Renaissance Mutual Fund history
Amg Renaissance 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 Amg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amg Renaissance Large 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 Amg Renaissance stock prices may prove useful in developing a viable investing in Amg Renaissance
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in securities of large-capitalization companies. The subadviser considers the term large-capitalization companies to generally refer to companies that, at the time of purchase, have a minimum market capitalization of approximately 3 billion. It invests primarily in common stocks of U.S. large-capitalization companies.
Amg Renaissance Mutual Fund Technical Analysis
Amg Renaissance 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
Amg Renaissance Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Amg Renaissance Large 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.
Amg Renaissance December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Amg Renaissance 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 Amg Renaissance shares will generate the highest return on investment. By undertsting and applying Amg Renaissance mutual fund market strength indicators, traders can identify Amg Renaissance Large entry and exit signals to maximize returns
Amg Renaissance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amg Renaissance's price direction in advance. Along with the technical and fundamental analysis of Amg Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amg 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 | (0.14) | |||
| Treynor Ratio | (0.07) |
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Other Information on Investing in Amg Mutual Fund
Amg Renaissance financial ratios help investors to determine whether Amg 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 Amg with respect to the benefits of owning Amg Renaissance security.
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