Stralem Equity Fund Price on January 19, 2024
| STRAX Fund | USD 31.11 0.08 0.26% |
Below is the normalized historical share price chart for Stralem Equity Fund extending back to February 01, 2018. 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 Stralem Equity stands at 31.11, as last reported on the 16th of December 2024, with the highest price reaching 31.11 and the lowest price hitting 31.11 during the day.
If you're considering investing in Stralem Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Stralem Mutual Fund to be very steady. Stralem Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stralem Equity Fund, which you can use to evaluate the volatility of the fund. Please validate Stralem Equity's Semi Deviation of 0.3104, coefficient of variation of 664.08, and Risk Adjusted Performance of 0.1089 to confirm if the risk estimate we provide is consistent with the expected return of 0.0796%.
Stralem Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Stralem |
Sharpe Ratio = 0.114
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Stralem Equity is performing at about 8% 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 Stralem Equity by adding it to a well-diversified portfolio.
Stralem Equity Valuation on January 19, 2024
It is possible to determine the worth of Stralem Equity on a given historical date. On January 19, 2024 Stralem was worth 25.24 at the beginning of the trading date compared to the closed value of 25.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stralem Equity mutual fund. Still, in general, we apply an absolute valuation method to find Stralem Equity'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 Stralem Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stralem Equity's related companies.
| Open | High | Low | Close | Volume | |
| 24.94 | 24.94 | 24.94 | 24.94 | 1.00 | |
01/19/2024 | 25.24 | 25.24 | 25.24 | 25.24 | 1.00 |
| 25.33 | 25.33 | 25.33 | 25.33 | 1.00 |
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Stralem Equity Trading Date Momentum on January 19, 2024
| On January 22 2024 Stralem Equity Fund was traded for 25.33 at the closing time. The highest daily price throughout the period was 25.33 and the lowest price was 25.33 . There was no trading activity during the period 1.0. Lack of trading volume on 01/22/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.36% . The trading price change to current closing price is 1.66% . |
Stralem Equity Fundamentals Correlations and Trends
By evaluating Stralem Equity'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 Stralem Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stralem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stralem Equity Mutual Fund history
Stralem Equity 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 Stralem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stralem Equity 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 Stralem Equity stock prices may prove useful in developing a viable investing in Stralem Equity
The fund normally invests at least 80 percent of its net assets plus borrowings for investment purposes in the equity securities of large companies. Large companies are defined as companies with market capitalizations within the range of those companies in the Standard Poors 500 Index at the time of purchase.
Stralem Equity Mutual Fund Technical Analysis
Stralem Equity 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
Stralem Equity Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Stralem Equity 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.
Stralem Equity December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Stralem Equity 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 Stralem Equity shares will generate the highest return on investment. By undertsting and applying Stralem Equity mutual fund market strength indicators, traders can identify Stralem Equity Fund entry and exit signals to maximize returns
Stralem Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stralem Equity's price direction in advance. Along with the technical and fundamental analysis of Stralem Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stralem 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 | 0.1089 | |||
| Jensen Alpha | 0.0196 | |||
| Total Risk Alpha | 0.0086 | |||
| Sortino Ratio | 0.0128 | |||
| Treynor Ratio | 0.1131 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Stralem Mutual Fund
Stralem Equity financial ratios help investors to determine whether Stralem 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 Stralem with respect to the benefits of owning Stralem Equity security.
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