Kinetics Market Opportunities Fund Price on August 2, 2023
| KMKNX Fund | USD 86.27 1.52 1.73% |
Below is the normalized historical share price chart for Kinetics Market Opportunities extending back to February 02, 2006. 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 Kinetics Market stands at 86.27, as last reported on the 9th of December, with the highest price reaching 86.27 and the lowest price hitting 86.27 during the day.
If you're considering investing in Kinetics Mutual Fund, it is important to understand the factors that can impact its price. Kinetics Market appears to be very steady, given 3 months investment horizon. Kinetics Market Oppo has Sharpe Ratio of 0.31, which conveys that the entity had a 0.31% return per unit of risk over the last 3 months. By analyzing Kinetics Market's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise Kinetics Market's Mean Deviation of 1.53, downside deviation of 2.51, and Risk Adjusted Performance of 0.2309 to check out if our risk estimates are consistent with your expectations.
Kinetics Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Kinetics |
Sharpe Ratio = 0.3068
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Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Kinetics Market is performing at about 24% 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 Kinetics Market by adding it to a well-diversified portfolio.
Kinetics Market Valuation on August 2, 2023
It is possible to determine the worth of Kinetics Market on a given historical date. On August 2, 2023 Kinetics was worth 37.26 at the beginning of the trading date compared to the closed value of 37.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kinetics Market mutual fund. Still, in general, we apply an absolute valuation method to find Kinetics Market'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 Kinetics Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kinetics Market's related companies.
| Open | High | Low | Close | Volume | |
| 37.64 | 37.64 | 37.64 | 37.64 | 1.00 | |
08/02/2023 | 37.26 | 37.26 | 37.26 | 37.26 | 1.00 |
| 39.01 | 39.01 | 39.01 | 39.01 | 1.00 |
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Kinetics Market Trading Date Momentum on August 2, 2023
| On August 03 2023 Kinetics Market Opportunities was traded for 39.01 at the closing time. The highest daily price throughout the period was 39.01 and the lowest price was 39.01 . There was no trading activity during the period 1.0. Lack of trading volume on 08/03/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 4.70% . The trading delta at closing time to current closing price is 13.07% . |
Kinetics Market Oppo Fundamentals Correlations and Trends
By evaluating Kinetics Market'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 Kinetics Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kinetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kinetics Market Mutual Fund history
Kinetics Market 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 Kinetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kinetics Market Oppo 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 Kinetics Market stock prices may prove useful in developing a viable investing in Kinetics Market
The fund is a non-diversified fund that invests all of its investable assets in the Market Opportunities Portfolio, a series of Kinetics Portfolios Trust. The Market Opportunities Portfolio normally invests at least 65 percent of its net assets in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies involved in capital markets or related to capital markets, as well as companies involved in the gaming industry. The fund is non-diversified.
Kinetics Market Mutual Fund Technical Analysis
Kinetics Market 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
Kinetics Market Period Price Range
Low | December 9, 2024
| High |
0.00 | 0.00 |
Kinetics Market Opportunities 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.
Kinetics Market December 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Kinetics Market 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 Kinetics Market shares will generate the highest return on investment. By undertsting and applying Kinetics Market mutual fund market strength indicators, traders can identify Kinetics Market Opportunities entry and exit signals to maximize returns
Kinetics Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kinetics Market's price direction in advance. Along with the technical and fundamental analysis of Kinetics Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kinetics 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 | 0.2309 | |||
| Jensen Alpha | 0.5586 | |||
| Total Risk Alpha | 0.2792 | |||
| Sortino Ratio | 0.2209 | |||
| Treynor Ratio | 0.7119 |
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| Volume Indicators |
Other Information on Investing in Kinetics Mutual Fund
Kinetics Market financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Market security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |