Power Income Fund Price on November 15, 2024
| PWRCX Fund | USD 9.03 0.03 0.33% |
Below is the normalized historical share price chart for Power Income Fund extending back to November 26, 2014. 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 Income stands at 9.03, as last reported on the 28th of November, with the highest price reaching 9.03 and the lowest price hitting 9.03 during the day.
If you're considering investing in Power Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Power Mutual Fund to be very steady. Power Income maintains Sharpe Ratio (i.e., Efficiency) of 0.0758, which implies the entity had a 0.0758% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Power Income, which you can use to evaluate the volatility of the fund. Please check Power Income's Coefficient Of Variation of 1194.21, semi deviation of 0.0745, and Risk Adjusted Performance of 0.0323 to confirm if the risk estimate we provide is consistent with the expected return of 0.0141%.
Power Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Power |
Sharpe Ratio = 0.0758
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Power Income is performing at about 5% 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 Power Income by adding it to a well-diversified portfolio.
Power Income Valuation on November 15, 2024
It is possible to determine the worth of Power Income on a given historical date. On November 15, 2024 Power was worth 8.93 at the beginning of the trading date compared to the closed value of 8.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Income mutual fund. Still, in general, we apply an absolute valuation method to find Power Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Income's related companies.
| Open | High | Low | Close | Volume | |
| 8.93 | 8.93 | 8.93 | 8.93 | 1.00 | |
11/15/2024 | 8.93 | 8.93 | 8.93 | 8.93 | 1.00 |
| 8.94 | 8.94 | 8.94 | 8.94 | 1.00 |
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Power Income Trading Date Momentum on November 15, 2024
| On November 18 2024 Power Income Fund was traded for 8.94 at the closing time. The highest daily price throughout the period was 8.94 and the lowest price was 8.94 . There was no trading activity during the period 1.0. Lack of trading volume on 11/18/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 1.01% . |
Power Income Fundamentals Correlations and Trends
By evaluating Power Income'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 Income'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 Income Mutual Fund history
Power Income 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 Income 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 Income stock prices may prove useful in developing a viable investing in Power Income
The fund invests in income-producing fixed income and alternative strategy exchange-traded funds . Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. It may also invest in ETFs that primarily invest in dividend-paying equity securities of U.S., foreign and emerging market issuers.
Power Income Mutual Fund Technical Analysis
Power Income 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 Income Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Power Income Fund 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 Income November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Power Income 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 Income shares will generate the highest return on investment. By undertsting and applying Power Income mutual fund market strength indicators, traders can identify Power Income Fund entry and exit signals to maximize returns
Power Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Power Income'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 | 0.0323 | |||
| Jensen Alpha | 0.0068 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | (0.42) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Power Mutual Fund
Power Income 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 Income security.
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