Commodities Strategy Fund Price on December 28, 2023
| RYMEX Fund | USD 29.74 0.39 1.33% |
Below is the normalized historical share price chart for Commodities Strategy Fund extending back to May 25, 2005. 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 Commodities Strategy stands at 29.74, as last reported on the 12th of December 2024, with the highest price reaching 29.74 and the lowest price hitting 29.74 during the day.
If you're considering investing in Commodities Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Commodities Mutual Fund to be very steady. Commodities Strategy secures Sharpe Ratio (or Efficiency) of 0.076, which signifies that the fund had a 0.076% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Commodities Strategy Fund, which you can use to evaluate the volatility of the entity. Please confirm Commodities Strategy's Risk Adjusted Performance of 0.087, mean deviation of 0.866, and Downside Deviation of 1.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.0836%.
Commodities Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Commodities |
Sharpe Ratio = 0.076
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| Cash | RYMEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Commodities Strategy 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 Commodities Strategy by adding it to a well-diversified portfolio.
Commodities Strategy Valuation on December 28, 2023
It is possible to determine the worth of Commodities Strategy on a given historical date. On December 28, 2023 Commodities was worth 27.97 at the beginning of the trading date compared to the closed value of 27.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commodities Strategy mutual fund. Still, in general, we apply an absolute valuation method to find Commodities Strategy'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 Commodities Strategy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commodities Strategy's related companies.
| Open | High | Low | Close | Volume | |
| 28.34 | 28.34 | 28.34 | 28.34 | 1.00 | |
12/28/2023 | 27.97 | 27.97 | 27.97 | 27.97 | 1.00 |
| 27.80 | 27.80 | 27.80 | 27.80 | 1.00 |
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Commodities Strategy Trading Date Momentum on December 28, 2023
| On December 29 2023 Commodities Strategy Fund was traded for 27.80 at the closing time. The highest daily price throughout the period was 27.80 and the lowest price was 27.80 . There was no trading activity during the period 1.0. Lack of trading volume on 12/29/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 1.18% . |
Commodities Strategy Fundamentals Correlations and Trends
By evaluating Commodities Strategy'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 Commodities Strategy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commodities financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commodities Strategy Mutual Fund history
Commodities Strategy 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 Commodities is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commodities Strategy 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 Commodities Strategy stock prices may prove useful in developing a viable investing in Commodities Strategy
The fund seeks exposure to the performance of the commodities markets. It will invest in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. The fund also may invest up to 25 percent of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.
Commodities Strategy Mutual Fund Technical Analysis
Commodities Strategy 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
Commodities Strategy Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Commodities Strategy 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.
Commodities Strategy December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Commodities Strategy 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 Commodities Strategy shares will generate the highest return on investment. By undertsting and applying Commodities Strategy mutual fund market strength indicators, traders can identify Commodities Strategy Fund entry and exit signals to maximize returns
Commodities Strategy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commodities Strategy's price direction in advance. Along with the technical and fundamental analysis of Commodities Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commodities 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 | 0.087 | |||
| Jensen Alpha | 0.1515 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0027 | |||
| Treynor Ratio | (0.40) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Commodities Mutual Fund
Commodities Strategy financial ratios help investors to determine whether Commodities 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 Commodities with respect to the benefits of owning Commodities Strategy security.
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