Strategic Asset Management Fund Price on November 21, 2024
| SCGPX Fund | USD 17.24 0.13 0.76% |
Below is the normalized historical share price chart for Strategic Asset Management extending back to March 12, 2002. 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 Strategic Asset stands at 17.24, as last reported on the 22nd of December, with the highest price reaching 17.24 and the lowest price hitting 17.24 during the day.
If you're considering investing in Strategic Mutual Fund, it is important to understand the factors that can impact its price. Strategic Asset Mana owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0952, which indicates the fund had a -0.0952% return per unit of risk over the last 3 months. Strategic Asset Management exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strategic Asset's Coefficient Of Variation of (1,060), risk adjusted performance of (0.07), and Variance of 0.9538 to confirm the risk estimate we provide.
Strategic Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Strategic |
Sharpe Ratio = -0.0952
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SCGPX |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Strategic Asset is not performing at its full potential. However, 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 Strategic Asset by adding Strategic Asset to a well-diversified portfolio.
Related Headline
Franklin Federal Headline on 21st of November 2024
Franklin Federal Limited-Term Tax-Free Income Fund Q3 2024 C... by news.google.com
Franklin Federal Limited-Term Tax-Free Income Fund Q3 2024 Commentary Seeking Alpha
Strategic Asset Valuation on November 21, 2024
It is possible to determine the worth of Strategic Asset on a given historical date. On November 21, 2024 Strategic was worth 18.68 at the beginning of the trading date compared to the closed value of 18.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strategic Asset mutual fund. Still, in general, we apply an absolute valuation method to find Strategic Asset'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 Strategic Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strategic Asset's related companies.
| Open | High | Low | Close | Volume | |
| 18.59 | 18.59 | 18.59 | 18.59 | 1.00 | |
11/21/2024 | 18.68 | 18.68 | 18.68 | 18.68 | 1.00 |
| 18.77 | 18.77 | 18.77 | 18.77 | 1.00 |
| Backtest Strategic Asset | | | Strategic Asset History | | | Strategic Asset Valuation | Previous | Next |
Strategic Asset Trading Date Momentum on November 21, 2024
| On November 22 2024 Strategic Asset Management was traded for 18.77 at the closing time. The highest daily price throughout the period was 18.77 and the lowest price was 18.77 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.48% . The trading price change to current closing price is 1.61% . |
Strategic Asset Mana Fundamentals Correlations and Trends
By evaluating Strategic Asset'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 Strategic Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strategic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strategic Asset Mutual Fund history
Strategic Asset 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 Strategic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strategic Asset Mana 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 Strategic Asset stock prices may prove useful in developing a viable investing in Strategic Asset
The fund operates as funds of funds and invest principally in funds and exchange-traded funds of Principal Funds, Inc. and Principal Exchange-Traded Funds . It generally categorizes each underlying fund as a fixed-income, equity, or specialty fund based on its investment profile.
Strategic Asset Mutual Fund Technical Analysis
Strategic Asset 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
Strategic Asset Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Strategic Asset Management 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.
Strategic Asset December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Strategic Asset 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 Strategic Asset shares will generate the highest return on investment. By undertsting and applying Strategic Asset mutual fund market strength indicators, traders can identify Strategic Asset Management entry and exit signals to maximize returns
Strategic Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strategic Asset's price direction in advance. Along with the technical and fundamental analysis of Strategic Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strategic 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 | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.16) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Strategic Mutual Fund
Strategic Asset financial ratios help investors to determine whether Strategic 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 Strategic with respect to the benefits of owning Strategic Asset security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |