Power Floating Rate Fund Price on April 16, 2024

FLOAX Fund  USD 9.89  0.14  1.40%   
Below is the normalized historical share price chart for Power Floating Rate extending back to December 27, 2017. 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 Power Floating stands at 9.89, as last reported on the 30th of December, with the highest price reaching 9.89 and the lowest price hitting 9.89 during the day.
 
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If you're considering investing in Power Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Power Mutual Fund to be very steady. Power Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.001, which implies the entity had a 0.001% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Power Floating Rate, which you can use to evaluate the volatility of the fund. Please check Power Floating's Semi Deviation of 0.2105, risk adjusted performance of (0.02), and Coefficient Of Variation of 5833.63 to confirm if the risk estimate we provide is consistent with the expected return of 2.0E-4%.
  
Power Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.001

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Estimated Market Risk

 0.19
  actual daily
1
99% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Power Floating 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 Power Floating by adding Power Floating to a well-diversified portfolio.

Power Floating Valuation on April 16, 2024

It is possible to determine the worth of Power Floating on a given historical date. On April 16, 2024 Power was worth 9.48 at the beginning of the trading date compared to the closed value of 9.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Floating mutual fund. Still, in general, we apply an absolute valuation method to find Power Floating'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 Power Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Floating's related companies.
 Open High Low Close Volume
  9.49    9.49    9.49    9.49    1.00  
04/16/2024
  9.48    9.48    9.48    9.48    1.00  
  9.48    9.48    9.48    9.48    1.00  
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Open Value
9.48
9.48
Closing Value
10.06
Upside

Power Floating Trading Date Momentum on April 16, 2024

On April 17 2024 Power Floating Rate was traded for  9.48  at the closing time. The highest daily price throughout the period was 9.48  and the lowest price was  9.48 . There was no trading activity during the period 1.0. Lack of trading volume on 04/17/2024 did not cause price change. The trading delta at closing time to current closing price is 0.42% .

Power Floating Rate Fundamentals Correlations and Trends

By evaluating Power Floating'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 Power Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Power financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Power Floating Mutual Fund history

Power Floating 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Floating Rate 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 Power Floating stock prices may prove useful in developing a viable investing in Power Floating
The fund adviser seeks to achieve its investment objectives by managing The fund invests in a manner that follows a rules based strategy that employs a disciplined investment selection process with tactical overlays that determines whether it will be in a bullish or defensive position. The fund has adopted a non-fundamental policy to invest at least 80 percent of its net assets in the constituent securities that make up the model.

Power Floating Mutual Fund Technical Analysis

Power Floating 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.
A focus of Power Floating technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Power Floating trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Power Floating Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Power Floating Rate 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.

Power Floating December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Power Floating 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 Power Floating shares will generate the highest return on investment. By undertsting and applying Power Floating mutual fund market strength indicators, traders can identify Power Floating Rate entry and exit signals to maximize returns

Power Floating Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Power Floating's price direction in advance. Along with the technical and fundamental analysis of Power Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Power 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.

Other Information on Investing in Power Mutual Fund

Power Floating financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Floating security.
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