Active M Emerging Fund Price on October 11, 2024
| NMMEX Fund | USD 14.94 0.12 0.80% |
Below is the normalized historical share price chart for Active M Emerging extending back to December 05, 2008. 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 14.94, as last reported on the 23rd of December, with the highest price reaching 14.94 and the lowest price hitting 14.94 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 Emerging secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1% return per unit of risk over the last 3 months. Active M Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Active M's Mean Deviation of 0.5858, risk adjusted performance of (0.05), and Standard Deviation of 0.794 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 = -0.1046
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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 October 11, 2024
It is possible to determine the worth of Active M on a given historical date. On October 11, 2024 Active was worth 15.94 at the beginning of the trading date compared to the closed value of 15.94. 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 | |
| 15.83 | 15.83 | 15.83 | 15.83 | 1.00 | |
10/11/2024 | 15.94 | 15.94 | 15.94 | 15.94 | 1.00 |
| 15.92 | 15.92 | 15.92 | 15.92 | 1.00 |
| Backtest Active M | | | Active M History | | | Active M Valuation | Previous | Next |
Active M Trading Date Momentum on October 11, 2024
| On October 14 2024 Active M Emerging was traded for 15.92 at the closing time. The highest daily price throughout the period was 15.92 and the lowest price was 15.92 . There was no trading activity during the period 1.0. Lack of trading volume on 10/14/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.13% . The overall trading delta to current closing price is 0.56% . |
Active M Emerging 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 Emerging 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, under normal circumstances, at least 80 percent of its net assets in equity securities of issuers domiciled in emerging and frontier markets. 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 funds sub-advisers may also consider emerging and frontier markets as classified by the World Bank, International Finance Corporation or the United Nations and other similar agencies.
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 | December 23, 2024
| High |
0.00 | 0.00 |
Active M Emerging 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 December 23, 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 Emerging 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 | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.23) |
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| 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.
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