Spectrum Fund Institutional Fund Price on December 4, 2024
| SRUIX Fund | USD 15.54 0.13 0.84% |
Below is the normalized historical share price chart for Spectrum Fund Institutional extending back to October 31, 2016. 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 Spectrum Fund stands at 15.54, as last reported on the 12th of December 2024, with the highest price reaching 15.54 and the lowest price hitting 15.54 during the day.
If you're considering investing in Spectrum Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Spectrum Mutual Fund to be very steady. Spectrum Fund Instit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Spectrum Fund Institutional, which you can use to evaluate the volatility of the fund. Please validate Spectrum Fund's Semi Deviation of 0.3354, coefficient of variation of 517.84, and Risk Adjusted Performance of 0.139 to confirm if the risk estimate we provide is consistent with the expected return of 0.0992%.
Spectrum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectrum |
Sharpe Ratio = 0.1449
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SRUIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Spectrum Fund is performing at about 11% 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 Spectrum Fund by adding it to a well-diversified portfolio.
Spectrum Fund Valuation on December 4, 2024
It is possible to determine the worth of Spectrum Fund on a given historical date. On December 4, 2024 Spectrum was worth 15.49 at the beginning of the trading date compared to the closed value of 15.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectrum Fund mutual fund. Still, in general, we apply an absolute valuation method to find Spectrum 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 Spectrum Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectrum Fund's related companies.
| Open | High | Low | Close | Volume | |
| 15.43 | 15.43 | 15.43 | 15.43 | 1.00 | |
12/04/2024 | 15.49 | 15.49 | 15.49 | 15.49 | 1.00 |
| 15.48 | 15.48 | 15.48 | 15.48 | 1.00 |
| Backtest Spectrum Fund | | | Spectrum Fund History | | | Spectrum Fund Valuation | Previous | Next |
Spectrum Fund Trading Date Momentum on December 4, 2024
| On December 05 2024 Spectrum Fund Institutional was traded for 15.48 at the closing time. The highest daily price throughout the period was 15.48 and the lowest price was 15.48 . There was no trading activity during the period 1.0. Lack of trading volume on 12/05/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.06% . The trading price change to current closing price is 0.32% . |
Spectrum Fund Instit Fundamentals Correlations and Trends
By evaluating Spectrum 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 Spectrum Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectrum Fund Mutual Fund history
Spectrum 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 Spectrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectrum Fund Instit 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 Spectrum Fund stock prices may prove useful in developing a viable investing in Spectrum Fund
The fund seeks to achieve its investment objective by taking long and short positions in the global securities markets. It primarily invests long in common and preferred stocks and in investment companies , which include domestic and foreign mutual funds, as well as in exchange traded funds , closed-end funds, and unit investment trusts. The fund may invest up to 100 percent of its net assets in fixed income securities of any maturity and of any credit rating and cash equivalent securities.
Spectrum Fund Mutual Fund Technical Analysis
Spectrum 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
Spectrum Fund Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Spectrum Fund Institutional 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.
Spectrum Fund December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectrum 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 Spectrum Fund shares will generate the highest return on investment. By undertsting and applying Spectrum Fund mutual fund market strength indicators, traders can identify Spectrum Fund Institutional entry and exit signals to maximize returns
Spectrum Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectrum Fund's price direction in advance. Along with the technical and fundamental analysis of Spectrum Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectrum 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 | 0.139 | |||
| Jensen Alpha | 0.0347 | |||
| Total Risk Alpha | 0.0138 | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | 0.1597 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Spectrum Mutual Fund
Spectrum Fund financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Fund security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |