Third Avenue Value Fund Price on November 24, 2023
| TAVFX Fund | USD 65.37 0.13 0.20% |
Below is the normalized historical share price chart for Third Avenue Value extending back to March 06, 1992. 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 Third Avenue stands at 65.37, as last reported on the 12th of December 2024, with the highest price reaching 65.37 and the lowest price hitting 65.37 during the day.
If you're considering investing in Third Mutual Fund, it is important to understand the factors that can impact its price. Third Avenue Value owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0414, which indicates the fund had a -0.0414% return per unit of risk over the last 3 months. Third Avenue Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Third Avenue's Variance of 0.7966, coefficient of variation of (3,813), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Third Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Third |
Sharpe Ratio = -0.0414
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Third Avenue 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 Third Avenue by adding Third Avenue to a well-diversified portfolio.
Third Avenue Valuation on November 24, 2023
It is possible to determine the worth of Third Avenue on a given historical date. On November 24, 2023 Third was worth 60.18 at the beginning of the trading date compared to the closed value of 60.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Third Avenue mutual fund. Still, in general, we apply an absolute valuation method to find Third Avenue'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 Third Avenue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Third Avenue's related companies.
| Open | High | Low | Close | Volume | |
| 59.75 | 59.75 | 59.75 | 59.75 | 1.00 | |
11/24/2023 | 60.18 | 60.18 | 60.18 | 60.18 | 1.00 |
| 60.09 | 60.09 | 60.09 | 60.09 | 1.00 |
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Third Avenue Trading Date Momentum on November 24, 2023
| On November 27 2023 Third Avenue Value was traded for 60.09 at the closing time. The highest daily price throughout the period was 60.09 and the lowest price was 60.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.15% . The trading price change to current closing price is 2.92% . |
Third Avenue Value Fundamentals Correlations and Trends
By evaluating Third Avenue'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 Third Avenue's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Third financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Third Avenue Mutual Fund history
Third Avenue 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 Third is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Third Avenue Value 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 Third Avenue stock prices may prove useful in developing a viable investing in Third Avenue
The fund seeks to achieve its objective mainly by acquiring common stocks of well-financed companies at a discount to what the Adviser believes is their intrinsic value. It may invest in companies of any market capitalization and across all industries. The fund may also acquire senior securities, such as convertible securities, preferred stocks and debt instruments, that the Adviser believes are undervalued. It also invests in both domestic and foreign securities.
Third Avenue Mutual Fund Technical Analysis
Third Avenue 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
Third Avenue Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Third Avenue Value 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.
Third Avenue December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Third Avenue 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 Third Avenue shares will generate the highest return on investment. By undertsting and applying Third Avenue mutual fund market strength indicators, traders can identify Third Avenue Value entry and exit signals to maximize returns
Third Avenue Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Third Avenue's price direction in advance. Along with the technical and fundamental analysis of Third Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Third 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 | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.45) |
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| Volume Indicators |
Other Information on Investing in Third Mutual Fund
Third Avenue financial ratios help investors to determine whether Third 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 Third with respect to the benefits of owning Third Avenue security.
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