Aama Equity Fund Price on May 1, 2020
| AMFEX Fund | USD 17.68 0.11 0.62% |
Below is the normalized historical share price chart for Aama Equity Fund extending back to June 30, 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 Aama Equity stands at 17.68, as last reported on the 16th of April 2024, with the highest price reaching 17.68 and the lowest price hitting 17.68 during the day.
If you're considering investing in Aama Mutual Fund, it is important to understand the factors that can impact its price. We consider Aama Equity very steady. Aama Equity Fund secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aama Equity Fund, which you can use to evaluate the volatility of the entity. Please confirm Aama Equity's Mean Deviation of 0.478, downside deviation of 0.6447, and Risk Adjusted Performance of 0.0839 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
Aama Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aama |
Sharpe Ratio = 0.1639
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| Cash | AMFEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 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 Aama Equity 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 Aama Equity 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.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Aama Equity Mutual Fund history
Aama Equity 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 Aama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aama Equity 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 Aama Equity stock prices may prove useful in developing a viable investing in Aama Equity
The fund, under normal market circumstances, will invest at least 80 percent of its net assets in equity securities of any size capitalization. It invests primarily in common stocks and ETFs, but may also invest in other types of equity securities including, preferred stock, investments in foreign equity securities through U.S. stock exchange listed ADRs, REITs, or mutual funds that invest in the types of securities in which the fund would normally invest, and securities convertible into such securities.
Aama Equity Mutual Fund Technical Analysis
Aama Equity 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
Aama Equity Period Price Range
Aama Equity April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Aama Equity 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 Aama Equity shares will generate the highest return on investment. By undertsting and applying Aama Equity mutual fund market strength indicators, traders can identify Aama Equity Fund entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 17.68 | |||
| Day Typical Price | 17.68 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) |
Aama Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aama Equity's price direction in advance. Along with the technical and fundamental analysis of Aama Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aama 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 | 0.0839 | |||
| Jensen Alpha | 0.0267 | |||
| Total Risk Alpha | 0.0204 | |||
| Sortino Ratio | 0.0283 | |||
| Treynor Ratio | 0.0846 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aama Equity 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 income. Note that the Aama Equity Fund information on this page should be used as a complementary analysis to other Aama Equity'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.