Spectrum Low Volatility Fund Price on November 26, 2024
| SVARX Fund | USD 24.35 0.05 0.20% |
Below is the normalized historical share price chart for Spectrum Low Volatility extending back to December 16, 2013. 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 Spectrum Low stands at 24.35, as last reported on the 14th of December 2024, with the highest price reaching 24.35 and the lowest price hitting 24.35 during the day.
If you're considering investing in Spectrum Mutual Fund, it is important to understand the factors that can impact its price. Spectrum Low Volatility owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0242, which indicates the fund had a -0.0242% return per unit of risk over the last 3 months. Spectrum Low Volatility exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectrum Low's Coefficient Of Variation of 4080.45, semi deviation of 0.144, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Spectrum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectrum |
Sharpe Ratio = -0.0242
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| Negative Returns | SVARX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spectrum Low 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 Spectrum Low by adding Spectrum Low to a well-diversified portfolio.
Spectrum Low Valuation on November 26, 2024
It is possible to determine the worth of Spectrum Low on a given historical date. On November 26, 2024 Spectrum was worth 24.23 at the beginning of the trading date compared to the closed value of 24.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectrum Low mutual fund. Still, in general, we apply an absolute valuation method to find Spectrum Low'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 Spectrum Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectrum Low's related companies.
| Open | High | Low | Close | Volume | |
| 24.24 | 24.24 | 24.24 | 24.24 | 1.00 | |
11/26/2024 | 24.23 | 24.23 | 24.23 | 24.23 | 1.00 |
| 24.26 | 24.26 | 24.26 | 24.26 | 1.00 |
| Backtest Spectrum Low | | | Spectrum Low History | | | Spectrum Low Valuation | Previous | Next |
Spectrum Low Trading Date Momentum on November 26, 2024
| On November 27 2024 Spectrum Low Volatility was traded for 24.26 at the closing time. The highest daily price throughout the period was 24.26 and the lowest price was 24.26 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.12% . The trading price change to current closing price is 0.45% . |
Spectrum Low Volatility Fundamentals Correlations and Trends
By evaluating Spectrum Low'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 Spectrum Low's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectrum Low Mutual Fund history
Spectrum Low 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 Spectrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectrum Low Volatility 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 Spectrum Low stock prices may prove useful in developing a viable investing in Spectrum Low
The funds adviser delegates execution of the funds investment strategy to a sub-adviser. It invests in a diversified portfolio of primarily income-producing fixed income securities. The sub-adviser does not select individual bonds or other fixed income securities but instead, invests the funds assets in open-end investment companies and exchange-traded funds that each invests primarily in fixed rate or floating rate fixed income securities.
Spectrum Low Mutual Fund Technical Analysis
Spectrum Low 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
Spectrum Low Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Spectrum Low Volatility 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.
Spectrum Low December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectrum Low 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 Spectrum Low shares will generate the highest return on investment. By undertsting and applying Spectrum Low mutual fund market strength indicators, traders can identify Spectrum Low Volatility entry and exit signals to maximize returns
Spectrum Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectrum Low's price direction in advance. Along with the technical and fundamental analysis of Spectrum Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectrum 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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.48) | |||
| Treynor Ratio | (0.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Spectrum Mutual Fund
Spectrum Low financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Low security.
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