Shenkman Short Duration Fund Price on October 22, 2024
| SCFAX Fund | USD 9.87 0.01 0.10% |
Below is the normalized historical share price chart for Shenkman Short Duration extending back to November 21, 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 Shenkman Short stands at 9.87, as last reported on the 14th of December 2024, with the highest price reaching 9.87 and the lowest price hitting 9.87 during the day.
If you're considering investing in Shenkman Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Shenkman Mutual Fund to be very steady. Shenkman Short Duration owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Shenkman Short Duration, which you can use to evaluate the volatility of the fund. Please validate Shenkman Short's Standard Deviation of 0.0869, risk adjusted performance of 0.0427, and Downside Deviation of 0.1687 to confirm if the risk estimate we provide is consistent with the expected return of 0.0096%.
Shenkman Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenkman |
Sharpe Ratio = 0.1111
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Based on monthly moving average Shenkman Short is performing at about 8% 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 Shenkman Short by adding it to a well-diversified portfolio.
Shenkman Short Valuation on October 22, 2024
It is possible to determine the worth of Shenkman Short on a given historical date. On October 22, 2024 Shenkman was worth 9.83 at the beginning of the trading date compared to the closed value of 9.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenkman Short mutual fund. Still, in general, we apply an absolute valuation method to find Shenkman 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 Shenkman Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenkman Short's related companies.
| Open | High | Low | Close | Volume | |
| 9.83 | 9.83 | 9.83 | 9.83 | 1.00 | |
10/22/2024 | 9.83 | 9.83 | 9.83 | 9.83 | 1.00 |
| 9.82 | 9.82 | 9.82 | 9.82 | 1.00 |
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Shenkman Short Trading Date Momentum on October 22, 2024
| On October 23 2024 Shenkman Short Duration was traded for 9.82 at the closing time. The highest daily price throughout the period was 9.82 and the lowest price was 9.82 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.10% . |
Shenkman Short Duration Fundamentals Correlations and Trends
By evaluating Shenkman 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 Shenkman Short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenkman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenkman Short Mutual Fund history
Shenkman 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 Shenkman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenkman Short Duration 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 Shenkman Short stock prices may prove useful in developing a viable investing in Shenkman Short
Under normal market conditions, the fund will invest at least 80 percent of its net assets in fixed income securities, bank loans and other instruments issued by companies that are rated below investment grade. It generally invests in high yield instruments rated CCC or better by SP or Moodys, but retains the discretion to invest in even lower rated instruments. The fixed income securities, bank loans and other instruments in which the fund invests include traditional corporate bonds, U.S. government obligations and bank loans to corporate borrowers, and may have fixed, floating or variable rates.
Shenkman Short Mutual Fund Technical Analysis
Shenkman 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
Shenkman Short Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Shenkman Short Duration 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.
Shenkman Short December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenkman 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 Shenkman Short shares will generate the highest return on investment. By undertsting and applying Shenkman Short mutual fund market strength indicators, traders can identify Shenkman Short Duration entry and exit signals to maximize returns
Shenkman Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenkman Short's price direction in advance. Along with the technical and fundamental analysis of Shenkman Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenkman 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 | 0.0427 | |||
| Jensen Alpha | 0.0024 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.2374 |
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Other Information on Investing in Shenkman Mutual Fund
Shenkman Short financial ratios help investors to determine whether Shenkman 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 Shenkman with respect to the benefits of owning Shenkman Short security.
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