Commonwealth Real Estate Fund Price on November 25, 2024
| CNREX Fund | USD 25.79 0.01 0.04% |
Below is the normalized historical share price chart for Commonwealth Real Estate extending back to January 05, 2004. 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 Commonwealth Real stands at 25.79, as last reported on the 2nd of December, with the highest price reaching 25.79 and the lowest price hitting 25.79 during the day.
If you're considering investing in Commonwealth Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Commonwealth Mutual Fund to be very steady. Commonwealth Real Estate secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Commonwealth Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Commonwealth Real's Mean Deviation of 0.6133, risk adjusted performance of 0.0767, and Downside Deviation of 0.8744 to double-check if the risk estimate we provide is consistent with the expected return of 0.0936%.
Commonwealth Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Commonwealth |
Sharpe Ratio = 0.1172
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | CNREX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Commonwealth Real is performing at about 9% 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 Commonwealth Real by adding it to a well-diversified portfolio.
Commonwealth Real Valuation on November 25, 2024
It is possible to determine the worth of Commonwealth Real on a given historical date. On November 25, 2024 Commonwealth was worth 25.84 at the beginning of the trading date compared to the closed value of 25.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commonwealth Real mutual fund. Still, in general, we apply an absolute valuation method to find Commonwealth Real'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 Commonwealth Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commonwealth Real's related companies.
| Open | High | Low | Close | Volume | |
| 25.30 | 25.30 | 25.30 | 25.30 | 1.00 | |
11/25/2024 | 25.84 | 25.84 | 25.84 | 25.84 | 1.00 |
| 25.68 | 25.68 | 25.68 | 25.68 | 1.00 |
| Backtest Commonwealth Real | | | Commonwealth Real History | | | Commonwealth Real Valuation | Previous | Next |
Commonwealth Real Trading Date Momentum on November 25, 2024
| On November 26 2024 Commonwealth Real Estate was traded for 25.68 at the closing time. The highest daily price throughout the period was 25.68 and the lowest price was 25.68 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.62% . The overall trading delta to current closing price is 0.19% . |
Commonwealth Real Estate Fundamentals Correlations and Trends
By evaluating Commonwealth Real'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 Commonwealth Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commonwealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commonwealth Real Mutual Fund history
Commonwealth Real 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 Commonwealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commonwealth Real Estate 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 Commonwealth Real stock prices may prove useful in developing a viable investing in Commonwealth Real
Under normal market conditions, the fund invests at least 80 percent of its net assets in real estate securities. Investments made by the fund are in issuers in real estate and related industries . It invests primarily in equity securities as well as in the debt securities of companies in real estate industries.
Commonwealth Real Mutual Fund Technical Analysis
Commonwealth Real 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
Commonwealth Real Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Commonwealth Real Estate 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.
Commonwealth Real December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Commonwealth Real 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 Commonwealth Real shares will generate the highest return on investment. By undertsting and applying Commonwealth Real mutual fund market strength indicators, traders can identify Commonwealth Real Estate entry and exit signals to maximize returns
Commonwealth Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commonwealth Real's price direction in advance. Along with the technical and fundamental analysis of Commonwealth Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commonwealth 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 | 0.0767 | |||
| Jensen Alpha | 0.0269 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.2064 |
| 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 Commonwealth Mutual Fund
Commonwealth Real financial ratios help investors to determine whether Commonwealth 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 Commonwealth with respect to the benefits of owning Commonwealth Real security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |