Hodges Fund Retail Fund Price on August 25, 2023
| HDPMX Fund | USD 80.02 0.58 0.73% |
Below is the normalized historical share price chart for Hodges Fund Retail extending back to February 03, 1993. 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 Hodges Fund stands at 80.02, as last reported on the 1st of December, with the highest price reaching 80.02 and the lowest price hitting 80.02 during the day.
If you're considering investing in Hodges Mutual Fund, it is important to understand the factors that can impact its price. Hodges Fund appears to be very steady, given 3 months investment horizon. Hodges Fund Retail holds Efficiency (Sharpe) Ratio of 0.32, which attests that the entity had a 0.32% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hodges Fund Retail, which you can use to evaluate the volatility of the entity. Please utilize Hodges Fund's Downside Deviation of 1.47, risk adjusted performance of 0.1955, and Market Risk Adjusted Performance of 0.2369 to validate if our risk estimates are consistent with your expectations.
Hodges Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hodges |
Sharpe Ratio = 0.3178
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| Small Returns | HDPMX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Hodges Fund is performing at about 25% 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 Hodges Fund by adding it to a well-diversified portfolio.
Hodges Fund Valuation on August 25, 2023
It is possible to determine the worth of Hodges Fund on a given historical date. On August 25, 2023 Hodges was worth 54.36 at the beginning of the trading date compared to the closed value of 54.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hodges Fund mutual fund. Still, in general, we apply an absolute valuation method to find Hodges Fund'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 Hodges Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hodges Fund's related companies.
| Open | High | Low | Close | Volume | |
| 54.10 | 54.10 | 54.10 | 54.10 | 1.00 | |
08/25/2023 | 54.36 | 54.36 | 54.36 | 54.36 | 1.00 |
| 54.75 | 54.75 | 54.75 | 54.75 | 1.00 |
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Hodges Fund Trading Date Momentum on August 25, 2023
| On August 28 2023 Hodges Fund Retail was traded for 54.75 at the closing time. The highest daily price throughout the period was 54.75 and the lowest price was 54.75 . There was no trading activity during the period 1.0. Lack of trading volume on 08/28/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.72% . The trading delta at closing time to current closing price is 4.62% . |
Hodges Fund Retail Fundamentals Correlations and Trends
By evaluating Hodges Fund'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 Hodges Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hodges financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hodges Fund Mutual Fund history
Hodges Fund 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 Hodges is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hodges Fund Retail 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 Hodges Fund stock prices may prove useful in developing a viable investing in Hodges Fund
The fund invests in common stocks of companies of any size market capitalization- small, medium or large. The fund may engage in short-sale transactions with respect to 10 percent of its net assets. It may also invest in money market instruments and may, from time to time, purchase put and call options on U.S. traded stocks or security indices. The fund may also sell options and write covered put and call options.
Hodges Fund Mutual Fund Technical Analysis
Hodges Fund 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
Hodges Fund Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Hodges Fund Retail 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.
Hodges Fund December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hodges Fund 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 Hodges Fund shares will generate the highest return on investment. By undertsting and applying Hodges Fund mutual fund market strength indicators, traders can identify Hodges Fund Retail entry and exit signals to maximize returns
Hodges Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hodges Fund's price direction in advance. Along with the technical and fundamental analysis of Hodges Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hodges 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 | 0.1955 | |||
| Jensen Alpha | 0.1507 | |||
| Total Risk Alpha | 0.1075 | |||
| Sortino Ratio | 0.1477 | |||
| Treynor Ratio | 0.2269 |
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| Volume Indicators |
Other Information on Investing in Hodges Mutual Fund
Hodges Fund financial ratios help investors to determine whether Hodges 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 Hodges with respect to the benefits of owning Hodges Fund security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |