Global Real Estate Fund Price on November 8, 2024
RREAX Fund | USD 27.90 0.19 0.69% |
Below is the normalized historical share price chart for Global Real Estate extending back to March 02, 2007. 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 Global Real stands at 27.90, as last reported on the 26th of December, with the highest price reaching 27.90 and the lowest price hitting 27.90 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. Global Real Estate holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Global Real Estate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Real's Market Risk Adjusted Performance of (0.38), standard deviation of 0.8833, and Risk Adjusted Performance of (0.15) to validate the risk estimate we provide.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.1862
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Estimated Market Risk
0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Real 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 Global Real by adding Global Real to a well-diversified portfolio.
Global Real Valuation on November 8, 2024
It is possible to determine the worth of Global Real on a given historical date. On November 8, 2024 Global was worth 29.96 at the beginning of the trading date compared to the closed value of 29.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Real mutual fund. Still, in general, we apply an absolute valuation method to find Global Real'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 Global Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Real's related companies.
Open | High | Low | Close | Volume | |
29.70 | 29.70 | 29.70 | 29.70 | 1.00 | |
11/08/2024 | 29.96 | 29.96 | 29.96 | 29.96 | 1.00 |
29.88 | 29.88 | 29.88 | 29.88 | 1.00 |
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Global Real Trading Date Momentum on November 8, 2024
On November 11 2024 Global Real Estate was traded for 29.88 at the closing time. The highest daily price throughout the period was 29.88 and the lowest price was 29.88 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.27% . The overall trading delta to current closing price is 1.60% . |
Global Real Estate Fundamentals Correlations and Trends
By evaluating Global Real'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 Global Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Real Mutual Fund history
Global Real 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Real Estate 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 Global Real stock prices may prove useful in developing a viable investing in Global Real
The fund normally invests at least 80 percent of the value of its net assets plus borrowings for investment purposes in real estate securities. It seeks to achieve its objective by concentrating its investments in equity securities of real estate companies economically tied to a number of countries around the world, including the U.S., in a globally diversified manner. The fund invests principally in securities of companies, known as real estate investment trusts and other REIT-like entities that own interests in real estate or real estate-related loans.
Global Real Mutual Fund Technical Analysis
Global Real 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
Global Real Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Global Real Estate 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.
Global Real December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Real 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 Global Real shares will generate the highest return on investment. By undertsting and applying Global Real mutual fund market strength indicators, traders can identify Global Real Estate entry and exit signals to maximize returns
Global Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Real's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | (0.15) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.39) |
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Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Real financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Real security.
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