Power Dividend Index Fund Price on December 16, 2024
PWDIX Fund | USD 9.31 0.32 3.32% |
Below is the normalized historical share price chart for Power Dividend Index extending back to November 07, 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 Power Dividend stands at 9.31, as last reported on the 24th of December, with the highest price reaching 9.31 and the lowest price hitting 9.31 during the day.
If you're considering investing in Power Mutual Fund, it is important to understand the factors that can impact its price. Power Dividend Index maintains Sharpe Ratio (i.e., Efficiency) of -0.0071, which implies the entity had a -0.0071% return per unit of risk over the last 3 months. Power Dividend Index exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power Dividend's Semi Deviation of 0.6179, risk adjusted performance of 0.021, and Coefficient Of Variation of 4179.35 to confirm the risk estimate we provide.
Power Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Power |
Sharpe Ratio = -0.0071
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Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Power Dividend 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 Power Dividend by adding Power Dividend to a well-diversified portfolio.
Power Dividend Valuation on December 16, 2024
It is possible to determine the worth of Power Dividend on a given historical date. On December 16, 2024 Power was worth 9.48 at the beginning of the trading date compared to the closed value of 9.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Dividend mutual fund. Still, in general, we apply an absolute valuation method to find Power Dividend'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 Power Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Dividend's related companies.
Open | High | Low | Close | Volume | |
9.53 | 9.53 | 9.53 | 9.53 | 1.00 | |
12/16/2024 | 9.48 | 9.48 | 9.48 | 9.48 | 1.00 |
9.41 | 9.41 | 9.41 | 9.41 | 1.00 |
Backtest Power Dividend | | | Power Dividend History | | | Power Dividend Valuation | Previous | Next |
Power Dividend Trading Date Momentum on December 16, 2024
On December 17 2024 Power Dividend Index was traded for 9.41 at the closing time. The highest daily price throughout the period was 9.41 and the lowest price was 9.41 . There was no trading activity during the period 1.0. Lack of trading volume on 12/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.74% . The trading delta at closing time to current closing price is 1.79% . |
Power Dividend Index Fundamentals Correlations and Trends
By evaluating Power Dividend'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 Power Dividend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Power financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Power Dividend Mutual Fund history
Power Dividend 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Dividend Index 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 Power Dividend stock prices may prove useful in developing a viable investing in Power Dividend
The funds investment adviser seeks to achieve its investment objectives by seeking to track the FCF Risk Managed Sector Neutral Dividend Index that provides a formulaic methodology for allocating investment between securities of issuers who demonstrate higher free cash flow and dividend yield and short-term treasuries. The methodology of the index is designed to convey the benefits of high free cash flow and dividend yield, sector diversification and equal weighting.
Power Dividend Mutual Fund Technical Analysis
Power Dividend 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
Power Dividend Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Power Dividend Index 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.
Power Dividend December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Power Dividend 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 Power Dividend shares will generate the highest return on investment. By undertsting and applying Power Dividend mutual fund market strength indicators, traders can identify Power Dividend Index entry and exit signals to maximize returns
Power Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Power Dividend's price direction in advance. Along with the technical and fundamental analysis of Power Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Power 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 | 0.021 | |||
Jensen Alpha | 0.0094 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0718 |
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Volume Indicators |
Other Information on Investing in Power Mutual Fund
Power Dividend financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Dividend security.
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