Absolute Convertible Arbitrage Fund Price History
ARBOX Fund | USD 11.50 0.01 0.09% |
If you're considering investing in Absolute Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Absolute Convertible stands at 11.50, as last reported on the 4th of December, with the highest price reaching 11.50 and the lowest price hitting 11.50 during the day. At this stage we consider Absolute Mutual Fund to be very steady. Absolute Convertible secures Sharpe Ratio (or Efficiency) of 0.56, which signifies that the fund had a 0.56% return per unit of risk over the last 3 months. We have found twenty-one 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 0.3072, mean deviation of 0.0435, and Standard Deviation of 0.0495 to double-check if the risk estimate we provide is consistent with the expected return of 0.0274%.
Absolute Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.5584
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Based on monthly moving average Absolute Convertible is performing at about 43% 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 Price | November 27, 2024 | 11.5 |
Lowest Price | September 10, 2024 | 11.31 |
Absolute Convertible December 4, 2024 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 December 4, 2024 Mutual Fund Price Analysis
Absolute Mutual Fund Price History Data
The price series of Absolute Convertible for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.22 with a coefficient of variation of 0.52. The prices are distributed with arithmetic mean of 11.4. The median price for the last 90 days is 11.41.Open | High | Low | Close | Volume | ||
12/04/2024 | 11.50 | 11.50 | 11.50 | 11.50 | ||
12/03/2024 | 11.50 | 11.50 | 11.50 | 11.50 | 1.00 | |
12/02/2024 | 11.50 | 11.50 | 11.50 | 11.50 | 1.00 | |
11/29/2024 | 11.50 | 11.50 | 11.50 | 11.50 | 1.00 | |
11/27/2024 | 11.50 | 11.50 | 11.50 | 11.50 | 1.00 | |
11/26/2024 | 11.49 | 11.49 | 11.49 | 11.49 | 1.00 | |
11/25/2024 | 11.49 | 11.49 | 11.49 | 11.49 | 1.00 | |
11/22/2024 | 11.48 | 11.48 | 11.48 | 11.48 | 1.00 | |
11/21/2024 | 11.48 | 11.48 | 11.48 | 11.48 | 1.00 | |
11/20/2024 | 11.47 | 11.47 | 11.47 | 11.47 | 1.00 | |
11/19/2024 | 11.47 | 11.47 | 11.47 | 11.47 | 1.00 | |
11/18/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/15/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/14/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/13/2024 | 11.47 | 11.47 | 11.47 | 11.47 | 1.00 | |
11/12/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/11/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/08/2024 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 | |
11/07/2024 | 11.45 | 11.45 | 11.45 | 11.45 | 1.00 | |
11/06/2024 | 11.44 | 11.44 | 11.44 | 11.44 | 1.00 | |
11/05/2024 | 11.44 | 11.44 | 11.44 | 11.44 | 1.00 | |
11/04/2024 | 11.44 | 11.44 | 11.44 | 11.44 | 1.00 | |
11/01/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/31/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/30/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/29/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/28/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/25/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
10/24/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/23/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/22/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/21/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/18/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/17/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 | |
10/16/2024 | 11.42 | 11.42 | 11.42 | 11.42 | 1.00 | |
10/15/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 | |
10/14/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 | |
10/11/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/10/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/09/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/08/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/07/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/04/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/03/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/02/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 | |
10/01/2024 | 11.39 | 11.39 | 11.39 | 11.39 | 1.00 | |
09/30/2024 | 11.39 | 11.39 | 11.39 | 11.39 | 1.00 | |
09/27/2024 | 11.39 | 11.39 | 11.39 | 11.39 | 1.00 | |
09/26/2024 | 11.38 | 11.38 | 11.38 | 11.38 | 1.00 | |
09/25/2024 | 11.38 | 11.38 | 11.38 | 11.38 | 1.00 | |
09/24/2024 | 11.38 | 11.38 | 11.38 | 11.38 | 1.00 | |
09/23/2024 | 11.37 | 11.37 | 11.37 | 11.37 | 1.00 | |
09/20/2024 | 11.37 | 11.37 | 11.37 | 11.37 | 1.00 | |
09/19/2024 | 11.37 | 11.37 | 11.37 | 11.37 | 1.00 | |
09/18/2024 | 11.35 | 11.35 | 11.35 | 11.35 | 1.00 | |
09/17/2024 | 11.34 | 11.34 | 11.34 | 11.34 | 1.00 | |
09/16/2024 | 11.33 | 11.33 | 11.33 | 11.33 | 1.00 | |
09/13/2024 | 11.33 | 11.33 | 11.33 | 11.33 | 1.00 | |
09/12/2024 | 11.32 | 11.32 | 11.32 | 11.32 | 1.00 | |
09/11/2024 | 11.32 | 11.32 | 11.32 | 11.32 | 1.00 | |
09/10/2024 | 11.31 | 11.31 | 11.31 | 11.31 | 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.
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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.
Risk Adjusted Performance | 0.3072 | |||
Jensen Alpha | 0.0189 | |||
Total Risk Alpha | 0.0126 | |||
Treynor Ratio | 5.67 |
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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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