Firsthand Technology Opportunities Fund Price on August 14, 2023
| TEFQX Fund | USD 3.90 0.09 2.26% |
Below is the normalized historical share price chart for Firsthand Technology Opportunities extending back to October 15, 1999. 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 Firsthand Technology stands at 3.90, as last reported on the 29th of December, with the highest price reaching 3.90 and the lowest price hitting 3.90 during the day.
If you're considering investing in Firsthand Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Firsthand Mutual Fund to be somewhat reliable. Firsthand Technology secures Sharpe Ratio (or Efficiency) of 0.0804, which denotes the fund had a 0.0804% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Firsthand Technology Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Firsthand Technology's Coefficient Of Variation of 1060.15, mean deviation of 1.25, and Downside Deviation of 1.87 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Firsthand Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Firsthand |
Sharpe Ratio = 0.0804
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | TEFQX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Firsthand Technology is performing at about 6% of its full potential. 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 Firsthand Technology by adding it to a well-diversified portfolio.
Firsthand Technology Valuation on August 14, 2023
It is possible to determine the worth of Firsthand Technology on a given historical date. On August 14, 2023 Firsthand was worth 4.86 at the beginning of the trading date compared to the closed value of 4.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Firsthand Technology mutual fund. Still, in general, we apply an absolute valuation method to find Firsthand Technology'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 Firsthand Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Firsthand Technology's related companies.
| Open | High | Low | Close | Volume | |
| 4.78 | 4.78 | 4.78 | 4.78 | 1.00 | |
08/14/2023 | 4.86 | 4.86 | 4.86 | 4.86 | 1.00 |
| 4.77 | 4.77 | 4.77 | 4.77 | 1.00 |
| Backtest Firsthand Technology | | | Firsthand Technology History | | | Firsthand Technology Valuation | Previous | Next |
Firsthand Technology Trading Date Momentum on August 14, 2023
| On August 15 2023 Firsthand Technology Opportunities was traded for 4.77 at the closing time. The highest daily price throughout the period was 4.77 and the lowest price was 4.77 . There was no trading activity during the period 1.0. Lack of trading volume on 08/15/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.85% . The overall trading delta to current closing price is 7.41% . |
Firsthand Technology Fundamentals Correlations and Trends
By evaluating Firsthand Technology'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 Firsthand Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Firsthand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Firsthand Technology Mutual Fund history
Firsthand Technology 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 Firsthand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Firsthand Technology 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 Firsthand Technology stock prices may prove useful in developing a viable investing in Firsthand Technology
The fund invests at least 80 percent of the assets in high-technology companies. The adviser considers a high-technology company to be one that employs a relatively high degree of engineering andor scientific intensity to deliver its products or services. It may purchase stocks of small-, mid-, and large-cap companies. Due to the funds focus on emerging opportunities within the technology sector, its investments tend to include younger companies with market capitalizations in the small- or mid-cap categories. The fund is non-diversified.
Firsthand Technology Mutual Fund Technical Analysis
Firsthand Technology 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
Firsthand Technology Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Firsthand Technology Opportunities 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.
Firsthand Technology December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Firsthand Technology 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 Firsthand Technology shares will generate the highest return on investment. By undertsting and applying Firsthand Technology mutual fund market strength indicators, traders can identify Firsthand Technology Opportunities entry and exit signals to maximize returns
Firsthand Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Firsthand Technology's price direction in advance. Along with the technical and fundamental analysis of Firsthand Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Firsthand 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 | 0.0804 | |||
| Jensen Alpha | 0.1378 | |||
| Total Risk Alpha | 0.1 | |||
| Sortino Ratio | 0.0663 | |||
| Treynor Ratio | 0.3882 |
| 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 Firsthand Mutual Fund
Firsthand Technology financial ratios help investors to determine whether Firsthand 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 Firsthand with respect to the benefits of owning Firsthand Technology security.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |