Sound Shore Fund Price on October 9, 2024
| SSHVX Fund | USD 49.94 0.18 0.36% |
Below is the normalized historical share price chart for Sound Shore Fund extending back to December 10, 2013. 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 Sound Shore stands at 49.94, as last reported on the 12th of December 2024, with the highest price reaching 49.94 and the lowest price hitting 49.94 during the day.
If you're considering investing in Sound Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Sound Mutual Fund to be very steady. Sound Shore Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sound Shore Fund, which you can use to evaluate the volatility of the fund. Please validate Sound Shore's Risk Adjusted Performance of 0.1469, semi deviation of 0.2077, and Coefficient Of Variation of 487.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Sound Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sound |
Sharpe Ratio = 0.165
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SSHVX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sound Shore is performing at about 12% 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 Sound Shore by adding it to a well-diversified portfolio.
Sound Shore Valuation on October 9, 2024
It is possible to determine the worth of Sound Shore on a given historical date. On October 9, 2024 Sound was worth 48.19 at the beginning of the trading date compared to the closed value of 48.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sound Shore mutual fund. Still, in general, we apply an absolute valuation method to find Sound Shore'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 Sound Shore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sound Shore's related companies.
| Open | High | Low | Close | Volume | |
| 47.88 | 47.88 | 47.88 | 47.88 | 1.00 | |
10/09/2024 | 48.19 | 48.19 | 48.19 | 48.19 | 1.00 |
| 48.02 | 48.02 | 48.02 | 48.02 | 1.00 |
| Backtest Sound Shore | | | Sound Shore History | | | Sound Shore Valuation | Previous | Next |
Sound Shore Trading Date Momentum on October 9, 2024
| On October 10 2024 Sound Shore Fund was traded for 48.02 at the closing time. The highest daily price throughout the period was 48.02 and the lowest price was 48.02 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.35% . The trading price change to current closing price is 0.10% . |
Sound Shore Fund Fundamentals Correlations and Trends
By evaluating Sound Shore'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 Sound Shore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sound financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sound Shore Mutual Fund history
Sound Shore 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 Sound is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sound Shore Fund 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 Sound Shore stock prices may prove useful in developing a viable investing in Sound Shore
The funds Adviser seeks to meet the funds investment objective of growth of capital by employing a value investment strategy to its selection of predominantly Large Cap and Mid Cap common stocks for the portfolio. The investment strategy is built upon three components Disciplined Approach, Risk Aversion and Long-Term Orientation. While most of the funds assets will be invested in domestic common stock, it may also invest in U.S. traded Large Cap and Mid Cap securities issued by companies organized outside the United States including American Depositary Receipts.
Sound Shore Mutual Fund Technical Analysis
Sound Shore 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
Sound Shore Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Sound Shore 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.
Sound Shore December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Sound Shore 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 Sound Shore shares will generate the highest return on investment. By undertsting and applying Sound Shore mutual fund market strength indicators, traders can identify Sound Shore Fund entry and exit signals to maximize returns
Sound Shore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sound Shore's price direction in advance. Along with the technical and fundamental analysis of Sound Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sound 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 | 0.1469 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | 0.02 | |||
| Sortino Ratio | 0.016 | |||
| Treynor Ratio | 0.1583 |
| 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 Sound Mutual Fund
Sound Shore financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Shore security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |