Fabxx Fund Price on October 17, 2024
FABXX Fund | 1.00 0.54 35.06% |
If you're considering investing in Fabxx Money Market Fund, it is important to understand the factors that can impact its price. As of today, the current price of Fabxx stands at 1.00, as last reported on the 12th of December 2024, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day. Fabxx secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the fund had a -0.21% return per unit of standard deviation over the last 3 months. Fabxx exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fabxx's Mean Deviation of 3.77, standard deviation of 6.4, and Coefficient Of Variation of (573.90) to check the risk estimate we provide.
Fabxx Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fabxx |
Sharpe Ratio = -0.2082
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Estimated Market Risk
6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
-1.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fabxx 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 Fabxx by adding Fabxx to a well-diversified portfolio.
Fabxx Valuation on October 17, 2024
It is possible to determine the worth of Fabxx on a given historical date. On October 17, 2024 Fabxx was worth 2.63 at the beginning of the trading date compared to the closed value of 2.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fabxx money market fund. Still, in general, we apply an absolute valuation method to find Fabxx'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 Fabxx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fabxx's related companies.
Open | High | Low | Close | Volume | |
2.56 | 2.56 | 2.56 | 2.56 | 1.00 | |
10/17/2024 | 2.63 | 2.63 | 2.63 | 2.63 | 1.00 |
2.69 | 2.69 | 2.69 | 2.69 | 1.00 |
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Fabxx Trading Date Momentum on October 17, 2024
On October 18 2024 Fabxx was traded for 2.69 at the closing time. The highest daily price throughout the period was 2.69 and the lowest price was 2.69 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.28% . The overall trading delta to current closing price is 3.80% . |
About Fabxx Money Market Fund history
Fabxx 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 Fabxx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fabxx 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 Fabxx stock prices may prove useful in developing a viable investing in Fabxx
Fabxx Money Market Fund Technical Analysis
Fabxx technical money market 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
Fabxx Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Fabxx 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.
Fabxx December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Fabxx money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fabxx shares will generate the highest return on investment. By undertsting and applying Fabxx money market fund market strength indicators, traders can identify Fabxx entry and exit signals to maximize returns
Fabxx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fabxx's price direction in advance. Along with the technical and fundamental analysis of Fabxx Money Market Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fabxx 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 | (0.12) | |||
Jensen Alpha | (1.11) | |||
Total Risk Alpha | (2.14) | |||
Treynor Ratio | 10.22 |
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Volume Indicators |
Other Information on Investing in Fabxx Money Market Fund
Fabxx financial ratios help investors to determine whether Fabxx Money Market 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 Fabxx with respect to the benefits of owning Fabxx security.
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