Ginnie Mae Fund Price History

BGNAX Fund  USD 8.63  0.01  0.12%   
Below is the normalized historical share price chart for Ginnie Mae Fund extending back to January 20, 1998. 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 Ginnie Mae stands at 8.63, as last reported on the 23rd of April, with the highest price reaching 8.63 and the lowest price hitting 8.63 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ginnie Mutual Fund, it is important to understand the factors that can impact its price. Ginnie Mae Fund holds Efficiency (Sharpe) Ratio of -0.0563, which attests that the entity had a -0.0563% return per unit of risk over the last 3 months. Ginnie Mae Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ginnie Mae's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.12), and Standard Deviation of 0.4575 to validate the risk estimate we provide.
  
Ginnie Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0563

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBGNAX

Estimated Market Risk

 0.47
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ginnie Mae 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 Ginnie Mae by adding Ginnie Mae to a well-diversified portfolio.

Ginnie Mae Mutual Fund Price History Chart

There are several ways to analyze Ginnie Mae Fund price data. The simplest method is using a basic Ginnie candlestick price chart, which shows Ginnie Mae price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 1, 20248.97
Lowest PriceApril 16, 20248.59

Ginnie Mae April 23, 2024 Mutual Fund Price Synopsis

Various analyses of Ginnie Mae's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ginnie Mutual Fund. It can be used to describe the percentage change in the price of Ginnie Mae from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ginnie Mutual Fund.
Ginnie Mae Price Rate Of Daily Change 1.00 
Ginnie Mae Price Action Indicator 0.01 

Ginnie Mae April 23, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ginnie Mae Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ginnie Mae intraday prices and daily technical indicators to check the level of noise trading in Ginnie Mae Fund and then apply it to test your longer-term investment strategies against Ginnie.

Ginnie Mutual Fund Price History Data

The price series of Ginnie Mae for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 0.38 with a coefficient of variation of 0.9. The prices are distributed with arithmetic mean of 8.79. The median price for the last 90 days is 8.8. The company issued dividends on 30th of April 2020.
OpenHighLowCloseVolume
04/23/2024
 8.63  8.63  8.63  8.63 
04/22/2024 8.63  8.63  8.63  8.63  1.00 
04/19/2024 8.62  8.62  8.62  8.62  1.00 
04/18/2024 8.61  8.61  8.61  8.61  1.00 
04/17/2024 8.65  8.65  8.65  8.65  1.00 
04/16/2024 8.59  8.59  8.59  8.59  1.00 
04/15/2024 8.62  8.62  8.62  8.62  1.00 
04/12/2024 8.70  8.70  8.70  8.70  1.00 
04/11/2024 8.66  8.66  8.66  8.66  1.00 
04/10/2024 8.67  8.67  8.67  8.67  1.00 
04/09/2024 8.79  8.79  8.79  8.79  1.00 
04/08/2024 8.75  8.75  8.75  8.75  1.00 
04/05/2024 8.77  8.77  8.77  8.77  1.00 
04/04/2024 8.82  8.82  8.82  8.82  1.00 
04/03/2024 8.80  8.80  8.80  8.80  1.00 
04/02/2024 8.80  8.80  8.80  8.80  1.00 
04/01/2024 8.80  8.80  8.80  8.80  1.00 
03/28/2024 8.86  8.86  8.86  8.86  1.00 
03/27/2024 8.88  8.88  8.88  8.88  1.00 
03/26/2024 8.86  8.86  8.84  8.84  1.00 
03/25/2024 8.85  8.85  8.83  8.83  1.00 
03/22/2024 8.85  8.85  8.83  8.83  1.00 
03/21/2024 8.83  8.83  8.81  8.81  1.00 
03/20/2024 8.83  8.83  8.81  8.81  1.00 
03/19/2024 8.81  8.81  8.79  8.79  1.00 
03/18/2024 8.77  8.77  8.75  8.75  1.00 
03/15/2024 8.79  8.79  8.77  8.77  1.00 
03/14/2024 8.79  8.79  8.77  8.77  1.00 
03/13/2024 8.87  8.87  8.85  8.85  1.00 
03/12/2024 8.88  8.88  8.86  8.86  1.00 
03/11/2024 8.90  8.90  8.88  8.88  1.00 
03/08/2024 8.92  8.92  8.90  8.90  1.00 
03/07/2024 8.90  8.90  8.88  8.88  1.00 
03/06/2024 8.89  8.89  8.87  8.87  1.00 
03/05/2024 8.87  8.87  8.85  8.85  1.00 
03/04/2024 8.82  8.82  8.80  8.80  1.00 
03/01/2024 8.84  8.84  8.82  8.82  1.00 
02/29/2024 8.81  8.81  8.79  8.79  1.00 
02/28/2024 8.79  8.79  8.74  8.74  1.00 
02/27/2024 8.76  8.76  8.71  8.71  1.00 
02/26/2024 8.78  8.78  8.73  8.73  1.00 
02/23/2024 8.80  8.80  8.75  8.75  1.00 
02/22/2024 8.75  8.75  8.70  8.70  1.00 
02/21/2024 8.76  8.76  8.71  8.71  1.00 
02/20/2024 8.81  8.81  8.76  8.76  1.00 
02/16/2024 8.81  8.81  8.76  8.76  1.00 
02/15/2024 8.84  8.84  8.79  8.79  1.00 
02/14/2024 8.81  8.81  8.76  8.76  1.00 
02/13/2024 8.76  8.76  8.71  8.71  1.00 
02/12/2024 8.86  8.86  8.81  8.81  1.00 
02/09/2024 8.86  8.86  8.81  8.81  1.00 
02/08/2024 8.86  8.86  8.81  8.81  1.00 
02/07/2024 8.89  8.89  8.84  8.84  1.00 
02/06/2024 8.91  8.91  8.86  8.86  1.00 
02/05/2024 8.86  8.86  8.81  8.81  1.00 
02/02/2024 8.93  8.93  8.88  8.88  1.00 
02/01/2024 9.02  9.02  8.97  8.97  1.00 
01/31/2024 8.97  8.97  8.92  8.92  1.00 
01/30/2024 8.93  8.93  8.86  8.86  1.00 
01/29/2024 8.93  8.93  8.86  8.86  1.00 
01/26/2024 8.89  8.89  8.82  8.82  1.00 

About Ginnie Mae Mutual Fund history

Ginnie Mae 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 Ginnie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ginnie Mae Fund 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 Ginnie Mae stock prices may prove useful in developing a viable investing in Ginnie Mae
Under normal market conditions, the fund invests at least 80 percent of its net assets in securities issued by the Government National Mortgage Association . GNMA certificates represent interests in pools of mortgage loans and in the cash flows from these loans. To generate additional income, the fund may purchase securities, including mortgage dollar rolls, in advance through when-issued and forward commitment transactions. It may commit up to 35 percent of its total assets to such transactions.

Ginnie Mae Mutual Fund Technical Analysis

Ginnie Mae 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.
A focus of Ginnie Mae technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ginnie Mae trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Funds Screener Now

   

Funds Screener

Find actively-traded funds from around the world traded on over 30 global exchanges
All  Next Launch Module

Ginnie Mae Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ginnie Mae's price direction in advance. Along with the technical and fundamental analysis of Ginnie Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ginnie 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ginnie Mae Fund. 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 Ginnie Mae Fund information on this page should be used as a complementary analysis to other Ginnie Mae'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Please note, there is a significant difference between Ginnie Mae's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ginnie Mae is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ginnie Mae's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.