Kinetics Market Opportunities Fund Price on November 5, 2024
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 Downside Deviation of 2.57, mean deviation of 1.56, and Risk Adjusted Performance of 0.2339 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 = 0.3065
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Estimated Market Risk
2.33 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Kinetics Market Period Price Range
Low | December 7, 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 7, 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 | 0.2339 | |||
Jensen Alpha | 0.5832 | |||
Total Risk Alpha | 0.2922 | |||
Sortino Ratio | 0.2221 | |||
Treynor Ratio | 0.7694 |
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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.
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