Active M International Fund Price on November 8, 2024
| NMIEX Fund | USD 12.65 0.09 0.72% |
Below is the normalized historical share price chart for Active M International extending back to July 05, 2006. 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 Active M stands at 12.65, as last reported on the 30th of November, with the highest price reaching 12.65 and the lowest price hitting 12.65 during the day.
If you're considering investing in Active Mutual Fund, it is important to understand the factors that can impact its price. Active M International secures Sharpe Ratio (or Efficiency) of -0.0343, which signifies that the fund had a -0.0343% return per unit of risk over the last 3 months. Active M International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Active M's Standard Deviation of 0.7271, risk adjusted performance of (0.04), and Mean Deviation of 0.5538 to double-check the risk estimate we provide.
Active Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Active |
Sharpe Ratio = -0.0343
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMIEX |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 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 Active M 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 Active M by adding Active M to a well-diversified portfolio.
Active M Valuation on November 8, 2024
It is possible to determine the worth of Active M on a given historical date. On November 8, 2024 Active was worth 12.65 at the beginning of the trading date compared to the closed value of 12.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Active M mutual fund. Still, in general, we apply an absolute valuation method to find Active M'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 Active M where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Active M's related companies.
| Open | High | Low | Close | Volume | |
| 12.81 | 12.81 | 12.81 | 12.81 | 1.00 | |
11/08/2024 | 12.65 | 12.65 | 12.65 | 12.65 | 1.00 |
| 12.68 | 12.68 | 12.68 | 12.68 | 1.00 |
| Backtest Active M | | | Active M History | | | Active M Valuation | Previous | Next |
Active M Trading Date Momentum on November 8, 2024
| On November 11 2024 Active M International was traded for 12.68 at the closing time. The highest daily price throughout the period was 12.68 and the lowest price was 12.68 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.24% . The overall trading delta to current closing price is 2.37% . |
Active M International Fundamentals Correlations and Trends
By evaluating Active M'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 Active M's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Active financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Active M Mutual Fund history
Active M 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 Active is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Active M International 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 Active M stock prices may prove useful in developing a viable investing in Active M
The fund will invest at least 80 percent of its net assets in equity securities of issuers domiciled outside the U.S. The adviser utilizes a multi-manager approach whereby the funds assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the funds investment advisers. The fund may invest in companies of any size located in a number of countries throughout the world but primarily invests in companies domiciled in developed markets. It may invest up to 40 percent of its net assets in issuers domiciled in emerging markets.
Active M Mutual Fund Technical Analysis
Active M 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
Active M Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Active M International 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.
Active M November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Active M 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 Active M shares will generate the highest return on investment. By undertsting and applying Active M mutual fund market strength indicators, traders can identify Active M International entry and exit signals to maximize returns
Active M Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Active M's price direction in advance. Along with the technical and fundamental analysis of Active Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Active 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 | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.12) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Active Mutual Fund
Active M financial ratios help investors to determine whether Active 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 Active with respect to the benefits of owning Active M security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |