Monachil Credit Income Fund Price on January 1, 2024
| MONIX Fund | 10.06 0.01 0.1% |
If you're considering investing in Monachil Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Monachil Credit stands at 10.06, as last reported on the 3rd of December, with the highest price reaching 10.06 and the lowest price hitting 10.06 during the day. At this stage we consider Monachil Mutual Fund to be very steady. Monachil Credit Income has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Monachil Credit, which you can use to evaluate the volatility of the fund. Please verify Monachil Credit's Mean Deviation of 0.0939, coefficient of variation of 631.72, and Risk Adjusted Performance of 0.087 to check out if the risk estimate we provide is consistent with the expected return of 0.0272%.
Monachil Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Monachil |
Sharpe Ratio = 0.153
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Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Monachil Credit is performing at about 12% 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 Monachil Credit by adding it to a well-diversified portfolio.
Monachil Credit Valuation on January 1, 2024
It is possible to determine the worth of Monachil Credit on a given historical date. On January 1, 2024 Monachil was worth 9.29 at the beginning of the trading date compared to the closed value of 9.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monachil Credit mutual fund. Still, in general, we apply an absolute valuation method to find Monachil Credit'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 Monachil Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monachil Credit's related companies.
| Open | High | Low | Close | Volume | |
| 9.29 | 9.29 | 9.29 | 9.29 | 1.00 | |
12/29/2023 | 9.29 | 9.29 | 9.29 | 9.29 | 1.00 |
| 9.26 | 9.26 | 9.26 | 9.26 | 1.00 |
| Backtest Monachil Credit | | | Monachil Credit History | Previous | Next |
Monachil Credit Trading Date Momentum on January 1, 2024
| On January 02 2024 Monachil Credit Income was traded for 9.26 at the closing time. The highest daily price throughout the period was 9.26 and the lowest price was 9.26 . There was no trading activity during the period 1.0. Lack of trading volume on 01/02/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.32% . The trading delta at closing time to current closing price is 0.22% . |
About Monachil Credit Mutual Fund history
Monachil Credit 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 Monachil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monachil Credit Income 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 Monachil Credit stock prices may prove useful in developing a viable investing in Monachil Credit
Monachil Credit Mutual Fund Technical Analysis
Monachil Credit 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
Monachil Credit Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Monachil Credit Income 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.
Monachil Credit December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Monachil Credit 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 Monachil Credit shares will generate the highest return on investment. By undertsting and applying Monachil Credit mutual fund market strength indicators, traders can identify Monachil Credit Income entry and exit signals to maximize returns
Monachil Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monachil Credit's price direction in advance. Along with the technical and fundamental analysis of Monachil Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monachil 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 | 0.087 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | (3.13) |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Monachil Mutual Fund
Monachil Credit financial ratios help investors to determine whether Monachil 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 Monachil with respect to the benefits of owning Monachil Credit security.
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