Rainier International Discovery Fund Price on December 6, 2024
| RAIRX Fund | USD 23.76 0.01 0.04% |
Below is the normalized historical share price chart for Rainier International Discovery extending back to August 22, 2017. 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 Rainier International stands at 23.76, as last reported on the 14th of December 2024, with the highest price reaching 23.76 and the lowest price hitting 23.76 during the day.
If you're considering investing in Rainier Mutual Fund, it is important to understand the factors that can impact its price. Rainier International maintains Sharpe Ratio (i.e., Efficiency) of -0.0482, which implies the entity had a -0.0482% return per unit of risk over the last 3 months. Rainier International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rainier International's Coefficient Of Variation of (3,833), risk adjusted performance of (0.02), and Variance of 0.4996 to confirm the risk estimate we provide.
Rainier Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rainier |
Sharpe Ratio = -0.0482
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rainier International 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 Rainier International by adding Rainier International to a well-diversified portfolio.
Rainier International Valuation on December 6, 2024
It is possible to determine the worth of Rainier International on a given historical date. On December 6, 2024 Rainier was worth 24.24 at the beginning of the trading date compared to the closed value of 24.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rainier International mutual fund. Still, in general, we apply an absolute valuation method to find Rainier International'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 Rainier International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rainier International's related companies.
| Open | High | Low | Close | Volume | |
| 24.30 | 24.30 | 24.30 | 24.30 | 1.00 | |
12/06/2024 | 24.24 | 24.24 | 24.24 | 24.24 | 1.00 |
| 24.07 | 24.07 | 24.07 | 24.07 | 1.00 |
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Rainier International Trading Date Momentum on December 6, 2024
| On December 09 2024 Rainier International Discovery was traded for 24.07 at the closing time. The highest daily price throughout the period was 24.07 and the lowest price was 24.07 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.70% . The trading delta at closing time to current closing price is 1.98% . |
Rainier International Fundamentals Correlations and Trends
By evaluating Rainier International'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 Rainier International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rainier financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rainier International Mutual Fund history
Rainier International 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 Rainier is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rainier 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 Rainier International stock prices may prove useful in developing a viable investing in Rainier International
The fund will invest primarily in equity securities of foreign developed and emerging market companies that are small- to mid- sized at the time of purchase. Rainier selects stocks of companies the advisor believes will increase in value over time and makes investment decisions based primarily on an analysis of individual companies, rather than on broad economic forecasts. The fund will generally not invest more than 25 percent of its net assets in participatory notes at the time of purchase.
Rainier International Mutual Fund Technical Analysis
Rainier International 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
Rainier International Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Rainier International Discovery 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.
Rainier International December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Rainier International 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 Rainier International shares will generate the highest return on investment. By undertsting and applying Rainier International mutual fund market strength indicators, traders can identify Rainier International Discovery entry and exit signals to maximize returns
Rainier International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rainier International's price direction in advance. Along with the technical and fundamental analysis of Rainier Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rainier 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 | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) |
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Other Information on Investing in Rainier Mutual Fund
Rainier International financial ratios help investors to determine whether Rainier 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 Rainier with respect to the benefits of owning Rainier International security.
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