Technology Fund Class Fund Price on December 23, 2024
| RYCHX Fund | USD 155.18 2.20 1.40% |
Below is the normalized historical share price chart for Technology Fund Class extending back to June 09, 2003. 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 Technology Fund stands at 155.18, as last reported on the 29th of December, with the highest price reaching 155.18 and the lowest price hitting 155.18 during the day.
If you're considering investing in Technology Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Technology Mutual Fund to be very steady. Technology Fund Class owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0225, which indicates the fund had a 0.0225% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Technology Fund Class, which you can use to evaluate the volatility of the fund. Please validate Technology Fund's Coefficient Of Variation of 3057.84, risk adjusted performance of 0.0306, and Semi Deviation of 1.74 to confirm if the risk estimate we provide is consistent with the expected return of 0.0327%.
Technology Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Technology |
Sharpe Ratio = 0.0225
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYCHX |
Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Technology Fund is performing at about 1% 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 Technology Fund by adding it to a well-diversified portfolio.
Technology Fund Valuation on December 23, 2024
It is possible to determine the worth of Technology Fund on a given historical date. On December 23, 2024 Technology was worth 155.83 at the beginning of the trading date compared to the closed value of 155.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technology Fund mutual fund. Still, in general, we apply an absolute valuation method to find Technology Fund'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 Technology Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technology Fund's related companies.
| Open | High | Low | Close | Volume | |
| 154.51 | 154.51 | 154.51 | 154.51 | 1.00 | |
12/23/2024 | 155.83 | 155.83 | 155.83 | 155.83 | 1.00 |
| 157.50 | 157.50 | 157.50 | 157.50 | 1.00 |
| Backtest Technology Fund | | | Technology Fund History | | | Technology Fund Valuation | Previous | Next |
Technology Fund Trading Date Momentum on December 23, 2024
| On December 24 2024 Technology Fund Class was traded for 157.50 at the closing time. The highest daily price throughout the period was 157.50 and the lowest price was 157.50 . There was no trading activity during the period 1.0. Lack of trading volume on 12/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.07% . The trading price change to current closing price is 0.42% . |
Technology Fund Class Fundamentals Correlations and Trends
By evaluating Technology Fund'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 Technology Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technology financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Technology Fund Mutual Fund history
Technology Fund 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 Technology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technology Fund Class 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 Technology Fund stock prices may prove useful in developing a viable investing in Technology Fund
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Technology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Technology Companies and U.S. government securities.
Technology Fund Mutual Fund Technical Analysis
Technology Fund 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
Technology Fund Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Technology Fund Class 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.
Technology Fund December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Technology Fund 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 Technology Fund shares will generate the highest return on investment. By undertsting and applying Technology Fund mutual fund market strength indicators, traders can identify Technology Fund Class entry and exit signals to maximize returns
Technology Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Technology Fund's price direction in advance. Along with the technical and fundamental analysis of Technology Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technology 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 | 0.0306 | |||
| Jensen Alpha | 0.0332 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 0.2021 |
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| Volume Indicators |
Other Information on Investing in Technology Mutual Fund
Technology Fund financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Fund security.
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