Easterly Snow Longshort Fund Price on August 14, 2023
SNORX Fund | USD 32.43 0.11 0.34% |
If you're considering investing in Easterly Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Easterly Snow stands at 32.43, as last reported on the 29th of December, with the highest price reaching 32.43 and the lowest price hitting 32.43 during the day. Easterly Snow Longshort secures Sharpe Ratio (or Efficiency) of -0.0855, which denotes the fund had a -0.0855% return per unit of risk over the last 3 months. Easterly Snow Longshort exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Easterly Snow's Standard Deviation of 0.9812, variance of 0.9627, and Mean Deviation of 0.6347 to check the risk estimate we provide.
Easterly Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Easterly |
Sharpe Ratio = -0.0855
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Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Easterly Snow 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 Easterly Snow by adding Easterly Snow to a well-diversified portfolio.
Easterly Snow Valuation on August 14, 2023
It is possible to determine the worth of Easterly Snow on a given historical date. On August 14, 2023 Easterly was worth 31.32 at the beginning of the trading date compared to the closed value of 31.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Easterly Snow mutual fund. Still, in general, we apply an absolute valuation method to find Easterly Snow'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 Easterly Snow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Easterly Snow's related companies.
Open | High | Low | Close | Volume | |
31.43 | 31.43 | 31.43 | 31.43 | 1.00 | |
08/14/2023 | 31.32 | 31.32 | 31.32 | 31.32 | 1.00 |
30.90 | 30.90 | 30.90 | 30.90 | 1.00 |
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Easterly Snow Trading Date Momentum on August 14, 2023
On August 15 2023 Easterly Snow Longshort was traded for 30.90 at the closing time. The highest daily price throughout the period was 30.90 and the lowest price was 30.90 . There was no trading activity during the period 1.0. Lack of trading volume on 08/15/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.34% . The overall trading delta to current closing price is 2.46% . |
Easterly Snow Longshort Fundamentals Correlations and Trends
By evaluating Easterly Snow'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 Easterly Snow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Easterly financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Easterly Snow Mutual Fund history
Easterly Snow 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 Easterly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Easterly Snow Longshort 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 Easterly Snow stock prices may prove useful in developing a viable investing in Easterly Snow
The fund invests in equity securities, including common and preferred stocks, convertible securities, and shares of other investment companies and exchange-traded funds that invest in equity securities. It may invest in securities of companies of any size. In addition to domestic securities, the fund may have up to 25 percent of its net assets invested directly or indirectly in foreign securities.
Easterly Snow Mutual Fund Technical Analysis
Easterly Snow 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
Easterly Snow Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Easterly Snow Longshort 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.
Easterly Snow December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Easterly Snow 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 Easterly Snow shares will generate the highest return on investment. By undertsting and applying Easterly Snow mutual fund market strength indicators, traders can identify Easterly Snow Longshort entry and exit signals to maximize returns
Easterly Snow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Easterly Snow's price direction in advance. Along with the technical and fundamental analysis of Easterly Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Easterly 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 | (0.05) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | (0.38) |
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Other Information on Investing in Easterly Mutual Fund
Easterly Snow financial ratios help investors to determine whether Easterly 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 Easterly with respect to the benefits of owning Easterly Snow security.
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