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.
 
Yuan Drop
 
Covid
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.

Sharpe Ratio = 0.0767

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashCAFRXAverage RiskHigh RiskHuge Risk
Negative Returns

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 PriceSeptember 27, 20249.29
Lowest PriceSeptember 9, 20248.34

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

When benchmark price declines in a down market, there may be an uptick in Africa Fund Africa 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 Africa Fund intraday prices and daily technical indicators to check the level of noise trading in Africa Fund Africa Fund and then apply it to test your longer-term investment strategies against Africa.

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.
OpenHighLowCloseVolume
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.
A focus of Africa Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Africa Fund 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...

Did you try this?

Run Stocks Directory Now

   

Stocks Directory

Find actively traded stocks across global markets
All  Next Launch Module

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.

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