State Farm International Fund Price on July 22, 2024
SIIAX Fund | USD 16.77 0.02 0.12% |
If you're considering investing in State Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of State Farm stands at 16.77, as last reported on the 14th of December 2024, with the highest price reaching 16.77 and the lowest price hitting 16.77 during the day. State Farm International 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. State Farm International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate State Farm's Variance of 0.1223, risk adjusted performance of (0.01), and Coefficient Of Variation of (29,054) to confirm the risk estimate we provide.
State Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
State |
Sharpe Ratio = -0.1093
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Estimated Market Risk
0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average State Farm 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 State Farm by adding State Farm to a well-diversified portfolio.
State Farm Valuation on July 22, 2024
It is possible to determine the worth of State Farm on a given historical date. On July 22, 2024 State was worth 16.53 at the beginning of the trading date compared to the closed value of 16.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Farm mutual fund. Still, in general, we apply an absolute valuation method to find State Farm'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 State Farm where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against State Farm's related companies.
Open | High | Low | Close | Volume | |
16.48 | 16.48 | 16.48 | 16.48 | 1.00 | |
07/22/2024 | 16.53 | 16.53 | 16.53 | 16.53 | 1.00 |
16.54 | 16.54 | 16.54 | 16.54 | 1.00 |
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State Farm Trading Date Momentum on July 22, 2024
On July 23 2024 State Farm International was traded for 16.54 at the closing time. The highest daily price throughout the period was 16.54 and the lowest price was 16.54 . There was no trading activity during the period 1.0. Lack of trading volume on 07/23/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.06% . The trading price change to current closing price is 0.24% . |
State Farm International Fundamentals Correlations and Trends
By evaluating State Farm'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 State Farm's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. State financial account trend analysis is a perfect complement when working with valuation or volatility modules.About State Farm Mutual Fund history
State Farm 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 State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State Farm International 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 State Farm stock prices may prove useful in developing a viable investing in State Farm
The fund seeks to achieve its investment objective by investing primarily in interest-bearing fixed income securities, including convertible bonds, and dividend paying equity securities. It may also invest in senior and subordinate collateralized debt obligations and collateralized loan obligations , and the senior and subordinate debt securities and equity securities of businesses unrelated to real estate and mortgages. The fund is non-diversified.
State Farm Mutual Fund Technical Analysis
State Farm 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
State Farm Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
State Farm International 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.
State Farm December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how State Farm 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 State Farm shares will generate the highest return on investment. By undertsting and applying State Farm mutual fund market strength indicators, traders can identify State Farm International entry and exit signals to maximize returns
State Farm Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for State Farm's price direction in advance. Along with the technical and fundamental analysis of State Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of State 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 | (0.01) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.23) |
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Volume Indicators |
Other Information on Investing in State Mutual Fund
State Farm financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Farm security.
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