Short Oil Gas Fund Price History
SNPIX Fund | USD 13.57 0.02 0.15% |
Below is the normalized historical share price chart for Short Oil Gas extending back to September 15, 2005. 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 Short Oil stands at 13.57, as last reported on the 29th of November, with the highest price reaching 13.57 and the lowest price hitting 13.57 during the day.
If you're considering investing in Short Mutual Fund, it is important to understand the factors that can impact its price. Short Oil Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0802, which indicates the fund had a -0.0802% return per unit of risk over the last 3 months. Short Oil Gas exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Short Oil's Coefficient Of Variation of (1,841), variance of 1.47, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
Short Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Short |
Sharpe Ratio = -0.0802
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SNPIX |
Estimated Market Risk
1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Short Oil is not performing at its full potential. However, 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 Short Oil by adding Short Oil to a well-diversified portfolio.
Short Oil Mutual Fund Price History Chart
There are several ways to analyze Short Oil Gas Fund price data. The simplest method is using a basic Short candlestick price chart, which shows Short Oil 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 11, 2024 | 15.29 |
Lowest Price | November 22, 2024 | 13.26 |
Short Oil November 29, 2024 Mutual Fund Price Synopsis
Various analyses of Short Oil's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Short Mutual Fund. It can be used to describe the percentage change in the price of Short Oil from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Short Mutual Fund.Short Oil Price Action Indicator | 0.01 | |
Short Oil Price Rate Of Daily Change | 1.00 |
Short Oil November 29, 2024 Mutual Fund Price Analysis
Short Mutual Fund Price History Data
The price series of Short Oil for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 2.03 with a coefficient of variation of 3.58. The price distribution for the period has arithmetic mean of 14.22. The median price for the last 90 days is 14.28. The company had dividends distributed to its stock-holders on December 30, 2019.Open | High | Low | Close | Volume | ||
11/29/2024 | 13.57 | 13.57 | 13.57 | 13.57 | ||
11/27/2024 | 13.57 | 13.57 | 13.57 | 13.57 | 1.00 | |
11/26/2024 | 13.55 | 13.55 | 13.55 | 13.55 | 1.00 | |
11/25/2024 | 13.54 | 13.54 | 13.54 | 13.54 | 1.00 | |
11/22/2024 | 13.26 | 13.26 | 13.26 | 13.26 | 1.00 | |
11/21/2024 | 13.27 | 13.27 | 13.27 | 13.27 | 1.00 | |
11/20/2024 | 13.38 | 13.38 | 13.38 | 13.38 | 1.00 | |
11/19/2024 | 13.51 | 13.51 | 13.51 | 13.51 | 1.00 | |
11/18/2024 | 13.43 | 13.43 | 13.43 | 13.43 | 1.00 | |
11/15/2024 | 13.60 | 13.60 | 13.60 | 13.60 | 1.00 | |
11/14/2024 | 13.57 | 13.57 | 13.57 | 13.57 | 1.00 | |
11/13/2024 | 13.62 | 13.62 | 13.62 | 13.62 | 1.00 | |
11/12/2024 | 13.73 | 13.73 | 13.73 | 13.73 | 1.00 | |
11/11/2024 | 13.65 | 13.65 | 13.65 | 13.65 | 1.00 | |
11/08/2024 | 13.73 | 13.73 | 13.73 | 13.73 | 1.00 | |
11/07/2024 | 13.80 | 13.80 | 13.80 | 13.80 | 1.00 | |
11/06/2024 | 13.74 | 13.74 | 13.74 | 13.74 | 1.00 | |
11/05/2024 | 14.28 | 14.28 | 14.28 | 14.28 | 1.00 | |
11/04/2024 | 14.37 | 14.37 | 14.37 | 14.37 | 1.00 | |
11/01/2024 | 14.62 | 14.62 | 14.62 | 14.62 | 1.00 | |
10/31/2024 | 14.52 | 14.52 | 14.52 | 14.52 | 1.00 | |
10/30/2024 | 14.62 | 14.62 | 14.62 | 14.62 | 1.00 | |
10/29/2024 | 14.64 | 14.64 | 14.64 | 14.64 | 1.00 | |
10/28/2024 | 14.42 | 14.42 | 14.42 | 14.42 | 1.00 | |
10/25/2024 | 14.32 | 14.32 | 14.32 | 14.32 | 1.00 | |
10/24/2024 | 14.32 | 14.32 | 14.32 | 14.32 | 1.00 | |
10/23/2024 | 14.30 | 14.30 | 14.30 | 14.30 | 1.00 | |
10/22/2024 | 14.22 | 14.22 | 14.22 | 14.22 | 1.00 | |
10/21/2024 | 14.24 | 14.24 | 14.24 | 14.24 | 1.00 | |
10/18/2024 | 14.20 | 14.20 | 14.20 | 14.20 | 1.00 | |
10/17/2024 | 14.14 | 14.14 | 14.14 | 14.14 | 1.00 | |
10/16/2024 | 14.22 | 14.22 | 14.22 | 14.22 | 1.00 | |
10/15/2024 | 14.28 | 14.28 | 14.28 | 14.28 | 1.00 | |
10/14/2024 | 13.86 | 13.86 | 13.86 | 13.86 | 1.00 | |
10/11/2024 | 13.83 | 13.83 | 13.83 | 13.83 | 1.00 | |
10/10/2024 | 13.90 | 13.90 | 13.90 | 13.90 | 1.00 | |
10/09/2024 | 14.01 | 14.01 | 14.01 | 14.01 | 1.00 | |
10/08/2024 | 14.08 | 14.08 | 14.08 | 14.08 | 1.00 | |
10/07/2024 | 13.72 | 13.72 | 13.72 | 13.72 | 1.00 | |
10/04/2024 | 13.76 | 13.76 | 13.76 | 13.76 | 1.00 | |
10/03/2024 | 13.89 | 13.89 | 13.89 | 13.89 | 1.00 | |
10/02/2024 | 14.13 | 14.13 | 14.13 | 14.13 | 1.00 | |
10/01/2024 | 14.29 | 14.29 | 14.29 | 14.29 | 1.00 | |
09/30/2024 | 14.60 | 14.60 | 14.60 | 14.60 | 1.00 | |
09/27/2024 | 14.70 | 14.70 | 14.70 | 14.70 | 1.00 | |
09/26/2024 | 15.00 | 15.00 | 15.00 | 15.00 | 1.00 | |
09/25/2024 | 14.70 | 14.70 | 14.70 | 14.70 | 1.00 | |
09/24/2024 | 14.43 | 14.43 | 14.43 | 14.43 | 1.00 | |
09/23/2024 | 14.39 | 14.39 | 14.39 | 14.39 | 1.00 | |
09/20/2024 | 14.51 | 14.51 | 14.51 | 14.51 | 1.00 | |
09/19/2024 | 14.51 | 14.51 | 14.51 | 14.51 | 1.00 | |
09/18/2024 | 14.69 | 14.69 | 14.69 | 14.69 | 1.00 | |
09/17/2024 | 14.71 | 14.71 | 14.71 | 14.71 | 1.00 | |
09/16/2024 | 14.91 | 14.91 | 14.91 | 14.91 | 1.00 | |
09/13/2024 | 15.15 | 15.15 | 15.15 | 15.15 | 1.00 | |
09/12/2024 | 15.15 | 15.15 | 15.15 | 15.15 | 1.00 | |
09/11/2024 | 15.29 | 15.29 | 15.29 | 15.29 | 1.00 | |
09/10/2024 | 15.15 | 15.15 | 15.15 | 15.15 | 1.00 | |
09/09/2024 | 14.89 | 14.89 | 14.89 | 14.89 | 1.00 | |
09/06/2024 | 14.98 | 14.98 | 14.98 | 14.98 | 1.00 | |
09/05/2024 | 14.79 | 14.79 | 14.79 | 14.79 | 1.00 |
About Short Oil Mutual Fund history
Short Oil 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 Short is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Short Oil Gas 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 Short Oil stock prices may prove useful in developing a viable investing in Short Oil
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the energy sector of the SP 500 Index. The fund is non-diversified.
Short Oil Mutual Fund Technical Analysis
Short Oil 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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Short Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Short Oil's price direction in advance. Along with the technical and fundamental analysis of Short Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Short 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 | (0.04) | |||
Jensen Alpha | 0.0014 | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.1134 |
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 Short Mutual Fund
Short Oil financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Oil security.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |