Counterpoint Tactical Equity Fund Price on February 23, 2024
| CPIEX Fund | USD 19.42 0.09 0.47% |
Below is the normalized historical share price chart for Counterpoint Tactical Equity extending back to November 30, 2015. 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 Counterpoint Tactical stands at 19.42, as last reported on the 18th of May 2024, with the highest price reaching 19.42 and the lowest price hitting 19.42 during the day.
If you're considering investing in Counterpoint Mutual Fund, it is important to understand the factors that can impact its price. We consider Counterpoint Tactical very steady. Counterpoint Tactical secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Counterpoint Tactical Equity, which you can use to evaluate the volatility of the entity. Please confirm Counterpoint Tactical's Risk Adjusted Performance of 0.1116, downside deviation of 0.4998, and Mean Deviation of 0.4832 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Counterpoint Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Counterpoint |
Sharpe Ratio = 0.2159
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Counterpoint Tactical is performing at about 16% 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 Counterpoint Tactical by adding it to a well-diversified portfolio.
Counterpoint Tactical Valuation on February 23, 2024
It is possible to determine the worth of Counterpoint Tactical on a given historical date. On February 23, 2024 Counterpoint was worth 18.43 at the beginning of the trading date compared to the closed value of 18.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Counterpoint Tactical mutual fund. Still, in general, we apply an absolute valuation method to find Counterpoint Tactical'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 Counterpoint Tactical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Counterpoint Tactical's related companies.
| Open | High | Low | Close | Volume | |
| 18.33 | 18.33 | 18.33 | 18.33 | 1.00 | |
02/23/2024 | 18.43 | 18.43 | 18.43 | 18.43 | 1.00 |
| 18.36 | 18.36 | 18.36 | 18.36 | 1.00 |
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Counterpoint Tactical Trading Date Momentum on February 23, 2024
| On February 26 2024 Counterpoint Tactical Equity was traded for 18.36 at the closing time. The highest daily price throughout the period was 18.36 and the lowest price was 18.36 . There was no trading activity during the period 1.0. Lack of trading volume on 02/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.38% . The overall trading delta to current closing price is 0.65% . |
Counterpoint Tactical Fundamentals Correlations and Trends
By evaluating Counterpoint Tactical'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 Counterpoint Tactical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Counterpoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Counterpoint Tactical Mutual Fund history
Counterpoint Tactical 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 Counterpoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Counterpoint Tactical 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 Counterpoint Tactical stock prices may prove useful in developing a viable investing in Counterpoint Tactical
Under normal market conditions, the fund invests at least 80 percent of its assets in long and short positions in equity instruments of any market capitalization. Equity instruments include domestic and foreign common stock, preferred stock, depositary receipts, equity swaps , options, equity index futures, and other investment companies that invest in these types of securities.
Counterpoint Tactical Mutual Fund Technical Analysis
Counterpoint Tactical 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
Counterpoint Tactical Period Price Range
Low | February 23, 2024
| High |
18.43 | 18.43 |
Counterpoint Tactical May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Counterpoint Tactical 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 Counterpoint Tactical shares will generate the highest return on investment. By undertsting and applying Counterpoint Tactical mutual fund market strength indicators, traders can identify Counterpoint Tactical Equity entry and exit signals to maximize returns
Counterpoint Tactical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Counterpoint Tactical's price direction in advance. Along with the technical and fundamental analysis of Counterpoint Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Counterpoint 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 | 0.1116 | |||
| Jensen Alpha | 0.0515 | |||
| Total Risk Alpha | 0.013 | |||
| Sortino Ratio | 0.0386 | |||
| Treynor Ratio | 0.17 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Counterpoint Tactical Equity. 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 income. Note that the Counterpoint Tactical information on this page should be used as a complementary analysis to other Counterpoint Tactical'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.