Africa Fund Africa Fund Price History
CAFRX Fund | USD 8.70 0.04 0.46% |
Below is the normalized historical share price chart for Africa Fund Africa extending back to November 07, 2011. 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 Africa Fund stands at 8.70, as last reported on the 1st of December, with the highest price reaching 8.70 and the lowest price hitting 8.70 during the day.
If you're considering investing in Africa Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Africa Mutual Fund to be not too volatile. Africa Fund Africa secures Sharpe Ratio (or Efficiency) of 0.0767, which signifies that the fund had a 0.0767% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Africa Fund Africa, which you can use to evaluate the volatility of the entity. Please confirm Africa Fund's Mean Deviation of 0.8617, downside deviation of 1.24, and Risk Adjusted Performance of 0.0243 to double-check if the risk estimate we provide is consistent with the expected return of 0.0809%.
Africa Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Africa |
Sharpe Ratio = 0.0767
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Cash | CAFRX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Africa Fund is performing at about 6% 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 Africa Fund by adding it to a well-diversified portfolio.
Africa Fund Mutual Fund Price History Chart
There are several ways to analyze Africa Fund Africa Fund price data. The simplest method is using a basic Africa candlestick price chart, which shows Africa Fund 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 | September 27, 2024 | 9.29 |
Lowest Price | September 9, 2024 | 8.34 |
Africa Fund December 1, 2024 Mutual Fund Price Synopsis
Various analyses of Africa Fund's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Africa Mutual Fund. It can be used to describe the percentage change in the price of Africa Fund from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Africa Mutual Fund.Africa Fund Price Rate Of Daily Change | 1.00 | |
Africa Fund Price Action Indicator | 0.02 |
Africa Fund December 1, 2024 Mutual Fund Price Analysis
Africa Mutual Fund Price History Data
The price series of Africa Fund for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 1.0 with a coefficient of variation of 2.87. The prices are distributed with arithmetic mean of 8.82. The median price for the last 90 days is 8.87. The company issued dividends on 12/20/2019.Open | High | Low | Close | Volume | ||
12/01/2024 | 8.70 | 8.70 | 8.70 | 8.70 | ||
11/29/2024 | 8.70 | 8.70 | 8.70 | 8.70 | 1.00 | |
11/27/2024 | 8.66 | 8.66 | 8.66 | 8.66 | 1.00 | |
11/26/2024 | 8.74 | 8.74 | 8.74 | 8.74 | 1.00 | |
11/25/2024 | 8.74 | 8.74 | 8.74 | 8.74 | 1.00 | |
11/22/2024 | 8.79 | 8.79 | 8.79 | 8.79 | 1.00 | |
11/21/2024 | 8.80 | 8.80 | 8.80 | 8.80 | 1.00 | |
11/20/2024 | 8.74 | 8.74 | 8.74 | 8.74 | 1.00 | |
11/19/2024 | 8.69 | 8.69 | 8.69 | 8.69 | 1.00 | |
11/18/2024 | 8.72 | 8.72 | 8.72 | 8.72 | 1.00 | |
11/15/2024 | 8.53 | 8.53 | 8.53 | 8.53 | 1.00 | |
11/14/2024 | 8.52 | 8.52 | 8.52 | 8.52 | 1.00 | |
11/13/2024 | 8.54 | 8.54 | 8.54 | 8.54 | 1.00 | |
11/12/2024 | 8.64 | 8.64 | 8.64 | 8.64 | 1.00 | |
11/11/2024 | 8.76 | 8.76 | 8.76 | 8.76 | 1.00 | |
11/08/2024 | 8.98 | 8.98 | 8.98 | 8.98 | 1.00 | |
11/07/2024 | 9.14 | 9.14 | 9.14 | 9.14 | 1.00 | |
11/06/2024 | 8.95 | 8.95 | 8.95 | 8.95 | 1.00 | |
11/05/2024 | 9.18 | 9.18 | 9.18 | 9.18 | 1.00 | |
11/04/2024 | 9.06 | 9.06 | 9.06 | 9.06 | 1.00 | |
11/01/2024 | 8.98 | 8.98 | 8.98 | 8.98 | 1.00 | |
10/31/2024 | 8.92 | 8.92 | 8.92 | 8.92 | 1.00 | |
10/30/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/29/2024 | 9.02 | 9.02 | 9.02 | 9.02 | 1.00 | |
10/28/2024 | 9.03 | 9.03 | 9.03 | 9.03 | 1.00 | |
10/25/2024 | 8.97 | 8.97 | 8.97 | 8.97 | 1.00 | |
10/24/2024 | 9.00 | 9.00 | 9.00 | 9.00 | 1.00 | |
10/23/2024 | 8.87 | 8.87 | 8.87 | 8.87 | 1.00 | |
10/22/2024 | 9.05 | 9.05 | 9.05 | 9.05 | 1.00 | |
10/21/2024 | 9.06 | 9.06 | 9.06 | 9.06 | 1.00 | |
10/18/2024 | 9.08 | 9.08 | 9.08 | 9.08 | 1.00 | |
10/17/2024 | 9.00 | 9.00 | 9.00 | 9.00 | 1.00 | |
10/16/2024 | 9.00 | 9.00 | 9.00 | 9.00 | 1.00 | |
10/15/2024 | 8.95 | 8.95 | 8.95 | 8.95 | 1.00 | |
10/14/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/11/2024 | 9.05 | 9.05 | 9.05 | 9.05 | 1.00 | |
10/10/2024 | 8.92 | 8.92 | 8.92 | 8.92 | 1.00 | |
10/09/2024 | 8.84 | 8.84 | 8.84 | 8.84 | 1.00 | |
10/08/2024 | 8.87 | 8.87 | 8.87 | 8.87 | 1.00 | |
10/07/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/04/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/03/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/02/2024 | 9.10 | 9.10 | 9.10 | 9.10 | 1.00 | |
10/01/2024 | 9.06 | 9.06 | 9.06 | 9.06 | 1.00 | |
09/30/2024 | 9.11 | 9.11 | 9.11 | 9.11 | 1.00 | |
09/27/2024 | 9.29 | 9.29 | 9.29 | 9.29 | 1.00 | |
09/26/2024 | 9.26 | 9.26 | 9.26 | 9.26 | 1.00 | |
09/25/2024 | 9.10 | 9.10 | 9.10 | 9.10 | 1.00 | |
09/24/2024 | 9.04 | 9.04 | 9.04 | 9.04 | 1.00 | |
09/23/2024 | 9.00 | 9.00 | 9.00 | 9.00 | 1.00 | |
09/20/2024 | 8.85 | 8.85 | 8.85 | 8.85 | 1.00 | |
09/19/2024 | 8.78 | 8.78 | 8.78 | 8.78 | 1.00 | |
09/18/2024 | 8.68 | 8.68 | 8.68 | 8.68 | 1.00 | |
09/17/2024 | 8.66 | 8.66 | 8.66 | 8.66 | 1.00 | |
09/16/2024 | 8.56 | 8.56 | 8.56 | 8.56 | 1.00 | |
09/13/2024 | 8.51 | 8.51 | 8.51 | 8.51 | 1.00 | |
09/12/2024 | 8.47 | 8.47 | 8.47 | 8.47 | 1.00 | |
09/11/2024 | 8.35 | 8.35 | 8.35 | 8.35 | 1.00 | |
09/10/2024 | 8.37 | 8.37 | 8.37 | 8.37 | 1.00 | |
09/09/2024 | 8.34 | 8.34 | 8.34 | 8.34 | 1.00 | |
09/06/2024 | 8.35 | 8.35 | 8.35 | 8.35 | 1.00 |
About Africa Fund Mutual Fund history
Africa 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 Africa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Africa Fund Africa 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 Africa Fund stock prices may prove useful in developing a viable investing in Africa Fund
Under normal market conditions, the fund invests at least 80 percent of its net assets in the securities of, and depositary receipts , Global Depositary Receipts , and European Depositary Receipts represented by, African issuers that are tied economically to Africa.
Africa Fund Mutual Fund Technical Analysis
Africa 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.
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Africa Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Africa Fund's price direction in advance. Along with the technical and fundamental analysis of Africa Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Africa 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 | 0.0243 | |||
Jensen Alpha | 0.0077 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | 0.2032 |
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 Africa Mutual Fund
Africa Fund financial ratios help investors to determine whether Africa 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 Africa with respect to the benefits of owning Africa Fund security.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |