Forty Portfolio Institutional Fund Price on May 28, 2024
| JACAX Fund | USD 58.65 0.44 0.76% |
Below is the normalized historical share price chart for Forty Portfolio Institutional extending back to October 16, 1998. 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 Forty Portfolio stands at 58.65, as last reported on the 2nd of December, with the highest price reaching 58.65 and the lowest price hitting 58.65 during the day.
If you're considering investing in Forty Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Forty Mutual Fund to be not too volatile. Forty Portfolio Inst secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Forty Portfolio Institutional, which you can use to evaluate the volatility of the entity. Please confirm Forty Portfolio's Mean Deviation of 0.6646, downside deviation of 1.12, and Coefficient Of Variation of 738.87 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Forty Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Forty |
Sharpe Ratio = 0.1797
| Best Portfolio | Best Equity | |||
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| Small Returns | JACAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Forty Portfolio is performing at about 14% 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 Forty Portfolio by adding it to a well-diversified portfolio.
Forty Portfolio Valuation on May 28, 2024
It is possible to determine the worth of Forty Portfolio on a given historical date. On May 28, 2024 Forty was worth 54.46 at the beginning of the trading date compared to the closed value of 54.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forty Portfolio mutual fund. Still, in general, we apply an absolute valuation method to find Forty Portfolio'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 Forty Portfolio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forty Portfolio's related companies.
| Open | High | Low | Close | Volume | |
| 54.12 | 54.12 | 54.12 | 54.12 | 1.00 | |
05/28/2024 | 54.46 | 54.46 | 54.46 | 54.46 | 1.00 |
| 53.96 | 53.96 | 53.96 | 53.96 | 1.00 |
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Forty Portfolio Trading Date Momentum on May 28, 2024
| On May 29 2024 Forty Portfolio Institutional was traded for 53.96 at the closing time. The highest daily price throughout the period was 53.96 and the lowest price was 53.96 . There was no trading activity during the period 1.0. Lack of trading volume on 05/29/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.92% . The overall trading delta to current closing price is 1.14% . |
Forty Portfolio Inst Fundamentals Correlations and Trends
By evaluating Forty Portfolio'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 Forty Portfolio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forty financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forty Portfolio Mutual Fund history
Forty Portfolio 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 Forty is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forty Portfolio Inst 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 Forty Portfolio stock prices may prove useful in developing a viable investing in Forty Portfolio
The Portfolio pursues its investment objective by normally investing in a core group of 30-40 common stocks selected for their growth potential. The Portfolio may also invest in foreign securities, which may include investments in emerging markets. The Portfolio may lend portfolio securities on a short-term or long-term basis to certain qualified broker-dealers and institutions, in an amount equal to up to one-third of its total assets as determined at the time of the loan origination. The fund is non-diversified.
Forty Portfolio Mutual Fund Technical Analysis
Forty Portfolio 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
Forty Portfolio Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Forty Portfolio Institutional 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.
Forty Portfolio December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Forty Portfolio 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 Forty Portfolio shares will generate the highest return on investment. By undertsting and applying Forty Portfolio mutual fund market strength indicators, traders can identify Forty Portfolio Institutional entry and exit signals to maximize returns
Forty Portfolio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forty Portfolio's price direction in advance. Along with the technical and fundamental analysis of Forty Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forty 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 | 0.1053 | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.138 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Forty Mutual Fund
Forty Portfolio financial ratios help investors to determine whether Forty 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 Forty with respect to the benefits of owning Forty Portfolio security.
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