Diamond Hill All Fund Price on March 14, 2024
| DHLTX Fund | USD 23.76 0.19 0.81% |
Below is the normalized historical share price chart for Diamond Hill All extending back to December 30, 2005. 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 Diamond Hill stands at 23.76, as last reported on the 2nd of May, with the highest price reaching 23.76 and the lowest price hitting 23.76 during the day.
If you're considering investing in Diamond Mutual Fund, it is important to understand the factors that can impact its price. We consider Diamond Hill very steady. Diamond Hill All secures Sharpe Ratio (or Efficiency) of 0.0513, which denotes the fund had a 0.0513% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Diamond Hill All, which you can use to evaluate the volatility of the entity. Please confirm Diamond Hill's Mean Deviation of 0.7489, downside deviation of 1.32, and Semi Deviation of 1.23 to check if the risk estimate we provide is consistent with the expected return of 0.0527%.
Diamond Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Diamond |
Sharpe Ratio = 0.0513
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| Cash | DHLTX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Diamond Hill is performing at about 4% 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 Diamond Hill by adding it to a well-diversified portfolio.
Diamond Hill Valuation on March 14, 2024
It is possible to determine the worth of Diamond Hill on a given historical date. On March 14, 2024 Diamond was worth 24.14 at the beginning of the trading date compared to the closed value of 24.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamond Hill mutual fund. Still, in general, we apply an absolute valuation method to find Diamond Hill'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 Diamond Hill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamond Hill's related companies.
| Open | High | Low | Close | Volume | |
| 24.41 | 24.41 | 24.41 | 24.41 | 1.00 | |
03/14/2024 | 24.14 | 24.14 | 24.14 | 24.14 | 1.00 |
| 24.18 | 24.18 | 24.18 | 24.18 | 1.00 |
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Diamond Hill Trading Date Momentum on March 14, 2024
| On March 15 2024 Diamond Hill All was traded for 24.18 at the closing time. The highest daily price throughout the period was 24.18 and the lowest price was 24.18 . There was no trading activity during the period 1.0. Lack of trading volume on 03/15/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 2.61% . |
Diamond Hill All Fundamentals Correlations and Trends
By evaluating Diamond Hill'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 Diamond Hill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diamond Hill Mutual Fund history
Diamond Hill 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 Diamond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamond Hill All 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 Diamond Hill stock prices may prove useful in developing a viable investing in Diamond Hill
The fund normally invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. The Adviser focuses on estimating a companys value independent of its current stock price. The Adviser also considers the level of industry competition, regulatory factors, the threat of technological obsolescence, and a variety of other industry factors. The fund is non-diversified.
Diamond Hill Mutual Fund Technical Analysis
Diamond Hill 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
Diamond Hill Period Price Range
Low | March 14, 2024
| High |
24.14 | 24.14 |
Diamond Hill May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Diamond Hill 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 Diamond Hill shares will generate the highest return on investment. By undertsting and applying Diamond Hill mutual fund market strength indicators, traders can identify Diamond Hill All entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.14 | |||
| Day Typical Price | 24.14 | |||
| Period Momentum Indicator | (0.38) | |||
| Relative Strength Index | 33.52 |
Diamond Hill Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diamond Hill's price direction in advance. Along with the technical and fundamental analysis of Diamond Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamond 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 | 0.051 | |||
| Jensen Alpha | 0.0019 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | 0.0465 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill All. 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 estimate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.