Eventide Multi Asset Income Fund Price on May 30, 3124
| ETNMX Fund | USD 14.27 0.01 0.07% |
Below is the normalized historical share price chart for Eventide Multi Asset Income extending back to July 15, 2015. 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 Eventide Multi stands at 14.27, as last reported on the 24th of December, with the highest price reaching 14.27 and the lowest price hitting 14.27 during the day.
If you're considering investing in Eventide Mutual Fund, it is important to understand the factors that can impact its price. Eventide Multi Asset secures Sharpe Ratio (or Efficiency) of -0.0677, which denotes the fund had a -0.0677% return per unit of risk over the last 3 months. Eventide Multi Asset Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eventide Multi's Standard Deviation of 0.5198, variance of 0.2702, and Mean Deviation of 0.3944 to check the risk estimate we provide.
Eventide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Eventide |
Sharpe Ratio = -0.0677
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| Negative Returns | ETNMX |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eventide Multi 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 Eventide Multi by adding Eventide Multi to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Eventide Multi Mutual Fund history
Eventide Multi 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 Eventide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eventide Multi Asset 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 Eventide Multi stock prices may prove useful in developing a viable investing in Eventide Multi
The fund has significant flexibility to achieve its investment objective by primarily investing in a broad universe of income-producing securities. These securities include debt and equity securities of companies in the U.S. and other markets around the world. Its investments in foreign securities may be made without limitation, directly or through American Depository Receipts.
Eventide Multi Mutual Fund Technical Analysis
Eventide Multi 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
Eventide Multi Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Eventide Multi Asset Income 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.
Eventide Multi December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Eventide Multi 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 Eventide Multi shares will generate the highest return on investment. By undertsting and applying Eventide Multi mutual fund market strength indicators, traders can identify Eventide Multi Asset Income entry and exit signals to maximize returns
Eventide Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eventide Multi's price direction in advance. Along with the technical and fundamental analysis of Eventide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eventide 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 | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
Other Information on Investing in Eventide Mutual Fund
Eventide Multi financial ratios help investors to determine whether Eventide 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 Eventide with respect to the benefits of owning Eventide Multi security.
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