Spirit Of America Fund Price on May 16, 2023

SOAUX Fund   20.63  0.07  0.34%   
If you're considering investing in Spirit Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Spirit Of stands at 20.63, as last reported on the 29th of December, with the highest price reaching 20.63 and the lowest price hitting 20.63 during the day. Spirit Of America owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0451, which indicates the fund had a -0.0451% return per unit of risk over the last 3 months. Spirit Of America exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spirit Of's Risk Adjusted Performance of (0.01), coefficient of variation of (5,182), and Variance of 0.8426 to confirm the risk estimate we provide.
  
Spirit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0451

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spirit Of 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 Spirit Of by adding Spirit Of to a well-diversified portfolio.

Spirit Of Valuation on May 16, 2023

It is possible to determine the worth of Spirit Of on a given historical date. On May 16, 2023 Spirit was worth 17.04 at the beginning of the trading date compared to the closed value of 17.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spirit Of mutual fund. Still, in general, we apply an absolute valuation method to find Spirit Of'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 Spirit Of where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spirit Of's related companies.
 Open High Low Close Volume
  17.41    17.41    17.41    17.41    1.00  
05/16/2023
  17.04    17.04    17.04    17.04    1.00  
  17.00    17.00    17.00    17.00    1.00  
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Open Value
17.04
17.04
Closing Value
19.79
Upside

Spirit Of Trading Date Momentum on May 16, 2023

On May 17 2023 Spirit Of America was traded for  17.00  at the closing time. The highest daily price throughout the period was 17.00  and the lowest price was  17.00 . There was no trading activity during the period 1.0. Lack of trading volume on 05/17/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.23% . The trading price change to current closing price is 2.99% .

About Spirit Of Mutual Fund history

Spirit Of 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 Spirit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spirit Of America 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 Spirit Of stock prices may prove useful in developing a viable investing in Spirit Of
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets plus any borrowings in a combination of securities and other assets of utility and utility related companies. These are companies that are principally engaged in utilities operations such as providing electricity, natural gas, water, internet services, email , data communications, mobile and cellular infrastructure to the public.

Spirit Of Mutual Fund Technical Analysis

Spirit Of 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.
A focus of Spirit Of technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spirit Of trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Spirit Of Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Spirit Of America 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.

Spirit Of December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Spirit Of 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 Spirit Of shares will generate the highest return on investment. By undertsting and applying Spirit Of mutual fund market strength indicators, traders can identify Spirit Of America entry and exit signals to maximize returns

Spirit Of Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Spirit Of's price direction in advance. Along with the technical and fundamental analysis of Spirit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spirit 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.

Other Information on Investing in Spirit Mutual Fund

Spirit Of financial ratios help investors to determine whether Spirit 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 Spirit with respect to the benefits of owning Spirit Of security.
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