Acrex Fund Price on October 8, 2024
ACREX Fund | 11.19 0.05 0.45% |
If you're considering investing in Acrex Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Acrex stands at 11.19, as last reported on the 28th of December, with the highest price reaching 11.19 and the lowest price hitting 11.19 during the day. Acrex secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the fund had a -0.3% return per unit of risk over the last 3 months. Acrex exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acrex's Standard Deviation of 1.21, risk adjusted performance of (0.20), and Mean Deviation of 0.8283 to double-check the risk estimate we provide.
Acrex Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Acrex |
Sharpe Ratio = -0.3033
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Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Acrex 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 Acrex by adding Acrex to a well-diversified portfolio.
Acrex Valuation on October 8, 2024
It is possible to determine the worth of Acrex on a given historical date. On October 8, 2024 Acrex was worth 13.33 at the beginning of the trading date compared to the closed value of 13.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acrex mutual fund. Still, in general, we apply an absolute valuation method to find Acrex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Acrex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acrex's related companies.
Open | High | Low | Close | Volume | |
13.64 | 13.64 | 13.64 | 13.64 | 1.00 | |
10/08/2024 | 13.33 | 13.33 | 13.33 | 13.33 | 1.00 |
13.35 | 13.35 | 13.35 | 13.35 | 1.00 |
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Acrex Trading Date Momentum on October 8, 2024
On October 09 2024 Acrex was traded for 13.35 at the closing time. The highest daily price throughout the period was 13.35 and the lowest price was 13.35 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.15% . The overall trading delta to current closing price is 0.60% . |
Acrex Fundamentals Correlations and Trends
By evaluating Acrex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Acrex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acrex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acrex Mutual Fund history
Acrex 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 Acrex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acrex 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 Acrex stock prices may prove useful in developing a viable investing in Acrex
Acrex Mutual Fund Technical Analysis
Acrex 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.
Price Boundaries
Acrex Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Acrex cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Acrex December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Acrex mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acrex shares will generate the highest return on investment. By undertsting and applying Acrex mutual fund market strength indicators, traders can identify Acrex entry and exit signals to maximize returns
Acrex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acrex's price direction in advance. Along with the technical and fundamental analysis of Acrex Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acrex 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 | (0.20) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | 3.59 |
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Volume Indicators |
Other Information on Investing in Acrex Mutual Fund
Acrex financial ratios help investors to determine whether Acrex 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 Acrex with respect to the benefits of owning Acrex security.
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