Global Multi Strategy Fund Price on November 1, 2024
| PGLSX Fund | USD 11.35 0.02 0.18% |
Below is the normalized historical share price chart for Global Multi Strategy Fund extending back to June 13, 2017. 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 Global Multi-strategy stands at 11.35, as last reported on the 1st of December, with the highest price reaching 11.35 and the lowest price hitting 11.35 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Global Mutual Fund to be very steady. Global Multi Strategy holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Global Multi Strategy, which you can use to evaluate the volatility of the entity. Please check out Global Multi-strategy's Downside Deviation of 0.2408, risk adjusted performance of 0.072, and Market Risk Adjusted Performance of 0.0887 to validate if the risk estimate we provide is consistent with the expected return of 0.0365%.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.1629
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| Negative Returns | PGLSX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Global Multi-strategy 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 Global Multi-strategy by adding it to a well-diversified portfolio.
Global Multi-strategy Valuation on November 1, 2024
It is possible to determine the worth of Global Multi-strategy on a given historical date. On November 1, 2024 Global was worth 11.17 at the beginning of the trading date compared to the closed value of 11.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Multi-strategy mutual fund. Still, in general, we apply an absolute valuation method to find Global Multi-strategy'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 Global Multi-strategy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Multi-strategy's related companies.
| Open | High | Low | Close | Volume | |
| 11.16 | 11.16 | 11.16 | 11.16 | 1.00 | |
11/01/2024 | 11.17 | 11.17 | 11.17 | 11.17 | 1.00 |
| 11.16 | 11.16 | 11.16 | 11.16 | 1.00 |
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Global Multi-strategy Trading Date Momentum on November 1, 2024
| On November 04 2024 Global Multi Strategy Fund was traded for 11.16 at the closing time. The highest daily price throughout the period was 11.16 and the lowest price was 11.16 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 1.34% . |
Global Multi Strategy Fundamentals Correlations and Trends
By evaluating Global Multi-strategy'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 Global Multi-strategy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Multi-strategy Mutual Fund history
Global Multi-strategy 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Multi Strategy 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 Global Multi-strategy stock prices may prove useful in developing a viable investing in Global Multi-strategy
The fund invests in a broad range of instruments including, but not limited to, equities, bonds, currencies, commodities, convertible securities, and bank loans. Under normal market conditions, it invests in securities of issuers located throughout the world, including the U.S., invests at least 30 percent of its net assets in foreign and emerging market securities, and holds investments tied economically to at least twenty countries.
Global Multi-strategy Mutual Fund Technical Analysis
Global Multi-strategy 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
Global Multi-strategy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Global Multi Strategy 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.
Global Multi-strategy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Multi-strategy 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 Global Multi-strategy shares will generate the highest return on investment. By undertsting and applying Global Multi-strategy mutual fund market strength indicators, traders can identify Global Multi Strategy Fund entry and exit signals to maximize returns
Global Multi-strategy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Multi-strategy's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | 0.072 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 0.0787 |
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| Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Multi-strategy financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Multi-strategy security.
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