Environment And Alternative Fund Price on January 20, 2023
| FSLEX Fund | USD 41.62 0.17 0.41% |
Below is the normalized historical share price chart for Environment And Alternative extending back to August 01, 1989. 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 Environment stands at 41.62, as last reported on the 16th of December 2024, with the highest price reaching 41.62 and the lowest price hitting 41.62 during the day.
If you're considering investing in Environment Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Environment Mutual Fund to be very steady. Environment And Alte secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Environment And Alternative, which you can use to evaluate the volatility of the entity. Please confirm Environment's Coefficient Of Variation of 627.62, downside deviation of 0.9027, and Mean Deviation of 0.7009 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Environment Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Environment |
Sharpe Ratio = 0.1289
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| Cash | FSLEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Environment is performing at about 10% 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 Environment by adding it to a well-diversified portfolio.
Environment Valuation on January 20, 2023
It is possible to determine the worth of Environment on a given historical date. On January 20, 2023 Environment was worth 26.67 at the beginning of the trading date compared to the closed value of 26.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Environment mutual fund. Still, in general, we apply an absolute valuation method to find Environment'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 Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Environment's related companies.
| Open | High | Low | Close | Volume | |
| 26.17 | 26.17 | 26.17 | 26.17 | 1.00 | |
01/20/2023 | 26.67 | 26.67 | 26.67 | 26.67 | 1.00 |
| 27.13 | 27.13 | 27.13 | 27.13 | 1.00 |
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Environment Trading Date Momentum on January 20, 2023
| On January 23 2023 Environment And Alternative was traded for 27.13 at the closing time. The highest daily price throughout the period was 27.13 and the lowest price was 27.13 . There was no trading activity during the period 1.0. Lack of trading volume on 01/23/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.72% . The overall trading delta to current closing price is 1.54% . |
Environment And Alte Fundamentals Correlations and Trends
By evaluating Environment'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 Environment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Environment financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Environment Mutual Fund history
Environment 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 Environment is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Environment And Alte 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 Environment stock prices may prove useful in developing a viable investing in Environment
The fund normally invests at least 80 percent of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Environment Mutual Fund Technical Analysis
Environment 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
Environment Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Environment And Alternative 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.
Environment December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Environment 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 Environment shares will generate the highest return on investment. By undertsting and applying Environment mutual fund market strength indicators, traders can identify Environment And Alternative entry and exit signals to maximize returns
Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Environment's price direction in advance. Along with the technical and fundamental analysis of Environment Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Environment 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 | 0.1175 | |||
| Jensen Alpha | 0.0516 | |||
| Total Risk Alpha | 0.0217 | |||
| Sortino Ratio | 0.0486 | |||
| Treynor Ratio | 0.1466 |
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Other Information on Investing in Environment Mutual Fund
Environment financial ratios help investors to determine whether Environment 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 Environment with respect to the benefits of owning Environment security.
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