Persimmon Longshort Fund Price on November 5, 2024
| LSEIX Fund | USD 16.03 0.02 0.12% |
Below is the normalized historical share price chart for Persimmon Longshort Fund extending back to December 31, 2012. 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 Persimmon Long/short stands at 16.03, as last reported on the 8th of December, with the highest price reaching 16.03 and the lowest price hitting 16.03 during the day.
If you're considering investing in Persimmon Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Persimmon Mutual Fund to be very steady. Persimmon Long/short maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Persimmon Long/short, which you can use to evaluate the volatility of the fund. Please check Persimmon Long/short's Risk Adjusted Performance of 0.1238, coefficient of variation of 586.36, and Semi Deviation of 0.4033 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Persimmon Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Persimmon |
Sharpe Ratio = 0.2011
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Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Persimmon Long/short is performing at about 15% 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 Persimmon Long/short by adding it to a well-diversified portfolio.
Persimmon Long/short Valuation on November 5, 2024
It is possible to determine the worth of Persimmon Long/short on a given historical date. On November 5, 2024 Persimmon was worth 15.45 at the beginning of the trading date compared to the closed value of 15.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Persimmon Long/short mutual fund. Still, in general, we apply an absolute valuation method to find Persimmon Long/short'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 Persimmon Long/short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Persimmon Long/short's related companies.
| Open | High | Low | Close | Volume | |
| 15.36 | 15.36 | 15.36 | 15.36 | 1.00 | |
11/05/2024 | 15.45 | 15.45 | 15.45 | 15.45 | 1.00 |
| 15.79 | 15.79 | 15.79 | 15.79 | 1.00 |
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Persimmon Long/short Trading Date Momentum on November 5, 2024
| On November 06 2024 Persimmon Longshort Fund was traded for 15.79 at the closing time. The highest daily price throughout the period was 15.79 and the lowest price was 15.79 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.20% . The trading delta at closing time to current closing price is 0.97% . |
Persimmon Long/short Fundamentals Correlations and Trends
By evaluating Persimmon Long/short'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 Persimmon Long/short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Persimmon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Persimmon Long/short Mutual Fund history
Persimmon Long/short 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 Persimmon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Persimmon Long/short 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 Persimmon Long/short stock prices may prove useful in developing a viable investing in Persimmon Long/short
In pursuing its investment objective, the Adviser uses three strategies selecting individual equity securities, hedging to mitigate the downside risk of equities during unfavorable markets, and seeking to minimize shareholders tax liability in connection with the funds distribution of realized capital gains. Under normal market conditions, the fund pursues its investment objective by investing at least 70 percent of its net assets in U.S. exchange listed common stock, preferred stock and depositary receipts .
Persimmon Long/short Mutual Fund Technical Analysis
Persimmon Long/short 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
Persimmon Long/short Period Price Range
Low | December 8, 2024
| High |
0.00 | 0.00 |
Persimmon Longshort Fund 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.
Persimmon Long/short December 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Persimmon Long/short 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 Persimmon Long/short shares will generate the highest return on investment. By undertsting and applying Persimmon Long/short mutual fund market strength indicators, traders can identify Persimmon Longshort Fund entry and exit signals to maximize returns
Persimmon Long/short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Persimmon Long/short's price direction in advance. Along with the technical and fundamental analysis of Persimmon Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Persimmon 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 | 0.1238 | |||
| Jensen Alpha | 0.0927 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (4.94) |
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| Volume Indicators |
Other Information on Investing in Persimmon Mutual Fund
Persimmon Long/short financial ratios help investors to determine whether Persimmon 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 Persimmon with respect to the benefits of owning Persimmon Long/short security.
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