Absolute Convertible Arbitrage Fund Price History

ARBIX Fund  USD 11.37  0.01  0.09%   
Below is the normalized historical share price chart for Absolute Convertible Arbitrage extending back to August 15, 2017. 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 Absolute Convertible stands at 11.37, as last reported on the 2nd of March, with the highest price reaching 11.37 and the lowest price hitting 11.37 during the day.
 
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If you're considering investing in Absolute Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Absolute Mutual Fund to be very steady. Absolute Convertible secures Sharpe Ratio (or Efficiency) of 0.0328, which signifies that the fund had a 0.0328 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Absolute Convertible Arbitrage, which you can use to evaluate the volatility of the entity. Please confirm Absolute Convertible's Risk Adjusted Performance of 0.0079, mean deviation of 0.0603, and Standard Deviation of 0.1745 to double-check if the risk estimate we provide is consistent with the expected return of 0.0059%.
  
Absolute Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0328

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Estimated Market Risk

 0.18
  actual daily
1
99% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Absolute Convertible is performing at about 2% 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 Absolute Convertible by adding it to a well-diversified portfolio.

Absolute Convertible Mutual Fund Price History Chart

There are several ways to analyze Absolute Convertible Arbitrage Fund price data. The simplest method is using a basic Absolute candlestick price chart, which shows Absolute Convertible price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 28, 202511.37
Lowest PriceDecember 19, 202411.18

Absolute Convertible March 2, 2025 Mutual Fund Price Synopsis

Various analyses of Absolute Convertible's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Absolute Mutual Fund. It can be used to describe the percentage change in the price of Absolute Convertible from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Absolute Mutual Fund.
Absolute Convertible Price Rate Of Daily Change 1.00 

Absolute Convertible March 2, 2025 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Absolute Convertible Arbitrage Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Absolute Convertible intraday prices and daily technical indicators to check the level of noise trading in Absolute Convertible Arbitrage Fund and then apply it to test your longer-term investment strategies against Absolute.

Absolute Mutual Fund Price History Data

The price series of Absolute Convertible for the period between Mon, Dec 2, 2024 and Sun, Mar 2, 2025 has a statistical range of 0.19 with a coefficient of variation of 0.55. The prices are distributed with arithmetic mean of 11.28. The median price for the last 90 days is 11.3. The company issued dividends on December 31, 2019.
OpenHighLowCloseVolume
03/02/2025
 11.37  11.37  11.37  11.37 
02/28/2025 11.37  11.37  11.37  11.37  1.00 
02/27/2025 11.36  11.36  11.36  11.36  1.00 
02/26/2025 11.35  11.35  11.35  11.35  1.00 
02/25/2025 11.35  11.35  11.35  11.35  1.00 
02/24/2025 11.35  11.35  11.35  11.35  1.00 
02/21/2025 11.35  11.35  11.35  11.35  1.00 
02/20/2025 11.35  11.35  11.35  11.35  1.00 
02/19/2025 11.35  11.35  11.35  11.35  1.00 
02/18/2025 11.35  11.35  11.35  11.35  1.00 
02/14/2025 11.34  11.34  11.34  11.34  1.00 
02/13/2025 11.33  11.33  11.33  11.33  1.00 
02/12/2025 11.33  11.33  11.33  11.33  1.00 
02/11/2025 11.33  11.33  11.33  11.33  1.00 
02/10/2025 11.33  11.33  11.33  11.33  1.00 
02/07/2025 11.32  11.32  11.32  11.32  1.00 
02/06/2025 11.31  11.31  11.31  11.31  1.00 
02/05/2025 11.31  11.31  11.31  11.31  1.00 
02/04/2025 11.30  11.30  11.30  11.30  1.00 
02/03/2025 11.30  11.30  11.30  11.30  1.00 
01/31/2025 11.30  11.30  11.30  11.30  1.00 
01/30/2025 11.29  11.29  11.29  11.29  1.00 
01/29/2025 11.29  11.29  11.29  11.29  1.00 
01/28/2025 11.29  11.29  11.29  11.29  1.00 
01/27/2025 11.28  11.28  11.28  11.28  1.00 
01/24/2025 11.28  11.28  11.28  11.28  1.00 
01/23/2025 11.27  11.27  11.27  11.27  1.00 
01/22/2025 11.26  11.26  11.26  11.26  1.00 
01/21/2025 11.26  11.26  11.26  11.26  1.00 
01/17/2025 11.24  11.24  11.24  11.24  1.00 
01/16/2025 11.24  11.24  11.24  11.24  1.00 
01/15/2025 11.23  11.23  11.23  11.23  1.00 
01/14/2025 11.22  11.22  11.22  11.22  1.00 
01/13/2025 11.21  11.21  11.21  11.21  1.00 
01/10/2025 11.21  11.21  11.21  11.21  1.00 
01/08/2025 11.22  11.22  11.22  11.22  1.00 
01/07/2025 11.22  11.22  11.22  11.22  1.00 
01/06/2025 11.22  11.22  11.22  11.22  1.00 
01/03/2025 11.21  11.21  11.21  11.21  1.00 
01/02/2025 11.20  11.20  11.20  11.20  1.00 
12/31/2024 11.20  11.20  11.20  11.20  1.00 
12/30/2024 11.19  11.19  11.19  11.19  1.00 
12/27/2024 11.19  11.19  11.19  11.19  1.00 
12/26/2024 11.19  11.19  11.19  11.19  1.00 
12/24/2024 11.19  11.19  11.19  11.19  1.00 
12/23/2024 11.19  11.19  11.19  11.19  1.00 
12/20/2024 11.19  11.19  11.19  11.19  1.00 
12/19/2024 11.18  11.18  11.18  11.18  1.00 
12/18/2024 11.19  11.19  11.19  11.19  1.00 
12/17/2024 11.19  11.19  11.19  11.19  1.00 
12/16/2024 11.20  11.20  11.20  11.20  1.00 
12/13/2024 11.20  11.20  11.20  11.20  1.00 
12/12/2024 11.19  11.19  11.19  11.19  1.00 
12/11/2024 11.34  11.34  11.34  11.34  1.00 
12/10/2024 11.34  11.34  11.34  11.34  1.00 
12/09/2024 11.34  11.34  11.34  11.34  1.00 
12/06/2024 11.34  11.34  11.34  11.34  1.00 
12/05/2024 11.34  11.34  11.34  11.34  1.00 
12/04/2024 11.34  11.34  11.34  11.34  1.00 
12/03/2024 11.33  11.33  11.33  11.33  1.00 
12/02/2024 11.33  11.33  11.33  11.33  1.00 

About Absolute Convertible Mutual Fund history

Absolute Convertible 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 Absolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Absolute Convertible 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 Absolute Convertible stock prices may prove useful in developing a viable investing in Absolute Convertible
The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. These convertible securities are typically debt securities or preferred stocks that can be exchanged for, or convert automatically to, common stock.

Absolute Convertible Mutual Fund Technical Analysis

Absolute Convertible 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.
A focus of Absolute Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Absolute Convertible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Absolute Convertible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Absolute Convertible's price direction in advance. Along with the technical and fundamental analysis of Absolute Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absolute 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.

Other Information on Investing in Absolute Mutual Fund

Absolute Convertible financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Convertible security.
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