Transportation Fund Class Fund Price on December 22, 2024
| RYCNX Fund | USD 45.59 0.15 0.33% |
Below is the normalized historical share price chart for Transportation Fund Class extending back to June 09, 2003. 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 Transportation Fund stands at 45.59, as last reported on the 26th of December, with the highest price reaching 45.59 and the lowest price hitting 45.59 during the day.
If you're considering investing in Transportation Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Transportation Mutual Fund to be very steady. Transportation Fund Class owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0643, which indicates the fund had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Transportation Fund Class, which you can use to evaluate the volatility of the fund. Please validate Transportation Fund's Risk Adjusted Performance of 0.0801, coefficient of variation of 1048.18, and Semi Deviation of 1.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0816%.
Transportation Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transportation |
Sharpe Ratio = 0.0643
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Transportation Fund is performing at about 5% 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 Transportation Fund by adding it to a well-diversified portfolio.
Transportation Fund Valuation on December 22, 2024
It is possible to determine the worth of Transportation Fund on a given historical date. On December 22, 2024 Transportation was worth 44.19 at the beginning of the trading date compared to the closed value of 44.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transportation Fund mutual fund. Still, in general, we apply an absolute valuation method to find Transportation Fund'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 Transportation Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transportation Fund's related companies.
| Open | High | Low | Close | Volume | |
| 44.14 | 44.14 | 44.14 | 44.14 | 1.00 | |
12/20/2024 | 44.19 | 44.19 | 44.19 | 44.19 | 1.00 |
| 44.60 | 44.60 | 44.60 | 44.60 | 1.00 |
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Transportation Fund Trading Date Momentum on December 22, 2024
| On December 23 2024 Transportation Fund Class was traded for 44.60 at the closing time. The highest daily price throughout the period was 44.60 and the lowest price was 44.60 . There was no trading activity during the period 1.0. Lack of trading volume on 12/23/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.93% . The trading price change to current closing price is 3.17% . |
Transportation Fund Class Fundamentals Correlations and Trends
By evaluating Transportation Fund'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 Transportation Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transportation financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transportation Fund Mutual Fund history
Transportation Fund 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 Transportation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transportation Fund Class 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 Transportation Fund stock prices may prove useful in developing a viable investing in Transportation Fund
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Transportation Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Transportation Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Transportation Companies and U.S. government securities.
Transportation Fund Mutual Fund Technical Analysis
Transportation Fund 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
Transportation Fund Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Transportation Fund Class 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.
Transportation Fund December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Transportation Fund 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 Transportation Fund shares will generate the highest return on investment. By undertsting and applying Transportation Fund mutual fund market strength indicators, traders can identify Transportation Fund Class entry and exit signals to maximize returns
Transportation Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transportation Fund's price direction in advance. Along with the technical and fundamental analysis of Transportation Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transportation 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 | 0.0801 | |||
| Jensen Alpha | 0.0697 | |||
| Total Risk Alpha | 0.0569 | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 0.0909 |
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Other Information on Investing in Transportation Mutual Fund
Transportation Fund financial ratios help investors to determine whether Transportation 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 Transportation with respect to the benefits of owning Transportation Fund security.
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