Multi Manager Directional Alternative Fund Price on December 19, 2018
| CDAZX Fund | USD 7.16 0.04 0.56% |
Below is the normalized historical share price chart for Multi Manager Directional Alternative extending back to January 04, 2017. 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 Multi Manager stands at 7.16, as last reported on the 25th of April, with the highest price reaching 7.16 and the lowest price hitting 7.16 during the day.
If you're considering investing in Multi Mutual Fund, it is important to understand the factors that can impact its price. We consider Multi Manager very steady. Multi Manager Direct has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi Manager, which you can use to evaluate the volatility of the fund. Please verify Multi Manager's Downside Deviation of 0.4268, mean deviation of 0.2763, and Risk Adjusted Performance of 0.1021 to check out if the risk estimate we provide is consistent with the expected return of 0.0603%.
Multi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi |
Sharpe Ratio = 0.1635
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| Cash | CDAZX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Multi Manager is performing at about 12% 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 Multi Manager by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Multi Manager Mutual Fund history
Multi Manager 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 Multi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Manager Direct 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 Multi Manager stock prices may prove useful in developing a viable investing in Multi Manager
The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.
Multi Manager Mutual Fund Technical Analysis
Multi Manager 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
Multi Manager Period Price Range
Multi Manager April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi Manager 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 Multi Manager shares will generate the highest return on investment. By undertsting and applying Multi Manager mutual fund market strength indicators, traders can identify Multi Manager Directional Alternative entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.16 | |||
| Day Typical Price | 7.16 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 | |||
| Relative Strength Index | 92.49 |
Multi Manager Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi Manager's price direction in advance. Along with the technical and fundamental analysis of Multi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi 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 | 0.1021 | |||
| Jensen Alpha | 0.0121 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1105 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Multi Manager Direct information on this page should be used as a complementary analysis to other Multi Manager's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.