Amana Developing World Fund Price on September 9, 2019
AMDWX Fund | USD 13.11 0.05 0.38% |
Below is the normalized historical share price chart for Amana Developing World extending back to October 05, 2009. 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 Amana Developing stands at 13.11, as last reported on the 28th of March, with the highest price reaching 13.11 and the lowest price hitting 13.11 during the day.
If you're considering investing in Amana Mutual Fund, it is important to understand the factors that can impact its price. We consider Amana Developing very steady. Amana Developing World secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amana Developing World, which you can use to evaluate the volatility of the entity. Please confirm Amana Developing's mean deviation of 0.5428, and Risk Adjusted Performance of 0.088 to double-check if the risk estimate we provide is consistent with the expected return of 0.0793%.
Amana Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Amana |
Sharpe Ratio = 0.1111
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Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Amana Developing is performing at about 8% 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 Amana Developing 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.
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About Amana Developing Mutual Fund history
Amana Developing 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 Amana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amana Developing World 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 Amana Developing stock prices may prove useful in developing a viable investing in Amana Developing
The fund invests at least 80 percent of total net assets in common stocks of companies with significant exposure to countries with developing economies andor markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.
Amana Developing Mutual Fund Technical Analysis
Amana Developing 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
Amana Developing Period Price Range
Amana Developing March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Amana Developing 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 Amana Developing shares will generate the highest return on investment. By undertsting and applying Amana Developing mutual fund market strength indicators, traders can identify Amana Developing World entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 13.11 | |||
Day Typical Price | 13.11 | |||
Price Action Indicator | 0.025 | |||
Period Momentum Indicator | 0.05 | |||
Relative Strength Index | 57.38 |
Amana Developing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amana Developing's price direction in advance. Along with the technical and fundamental analysis of Amana Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amana 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 | 0.088 | |||
Jensen Alpha | 0.0824 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.7723 |
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Pattern Recognition | ||
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Developing World. 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 housing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Amana Mutual Fund analysis
When running Amana Developing's price analysis, check to measure Amana Developing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amana Developing is operating at the current time. Most of Amana Developing's value examination focuses on studying past and present price action to predict the probability of Amana Developing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Developing's price. Additionally, you may evaluate how the addition of Amana Developing to your portfolios can decrease your overall portfolio volatility.
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