The Arbitrage Credit Fund Price on March 21, 2024
| ARCFX Fund | USD 9.72 0.01 0.10% |
Below is the normalized historical share price chart for The Arbitrage Credit extending back to October 01, 2012. 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 The Arbitrage stands at 9.72, as last reported on the 2nd of June, with the highest price reaching 9.72 and the lowest price hitting 9.72 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. We consider The Arbitrage very steady. Arbitrage Credit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0566, which indicates the fund had a 0.0566% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Arbitrage Credit, which you can use to evaluate the volatility of the fund. Please validate The Arbitrage's Downside Deviation of 0.1986, risk adjusted performance of 0.031, and Standard Deviation of 0.1243 to confirm if the risk estimate we provide is consistent with the expected return of 0.0065%.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = 0.0566
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| Negative Returns | ARCFX |
Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average The Arbitrage 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 The Arbitrage by adding it to a well-diversified portfolio.
The Arbitrage Valuation on March 21, 2024
It is possible to determine the worth of The Arbitrage on a given historical date. On March 21, 2024 The was worth 9.7 at the beginning of the trading date compared to the closed value of 9.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Arbitrage mutual fund. Still, in general, we apply an absolute valuation method to find The Arbitrage'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 The Arbitrage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Arbitrage's related companies.
| Open | High | Low | Close | Volume | |
| 9.73 | 9.73 | 9.66 | 9.66 | 1.00 | |
03/21/2024 | 9.70 | 9.70 | 9.63 | 9.63 | 1.00 |
| 9.70 | 9.70 | 9.63 | 9.63 | 1.00 |
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The Arbitrage Trading Date Momentum on March 21, 2024
| On March 22 2024 The Arbitrage Credit was traded for 9.63 at the closing time. The highest daily price throughout the period was 9.70 and the lowest price was 9.63 . There was no trading activity during the period 1.0. Lack of trading volume on 03/22/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.73% . |
Arbitrage Credit Fundamentals Correlations and Trends
By evaluating The Arbitrage'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 The Arbitrage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Arbitrage Mutual Fund history
The Arbitrage 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arbitrage Credit 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 The Arbitrage stock prices may prove useful in developing a viable investing in The Arbitrage
The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures , bank loans, convertible and preferred securities, credit default swaps and other debt instruments and derivatives that the funds investment adviser believes have debt-like characteristics. It invests in both U.S. and foreign debt securities. The principal types of derivatives in which the fund may invest are credit default swaps, interest rate swaps, total return swaps, futures and options.
The Arbitrage Mutual Fund Technical Analysis
The Arbitrage 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
The Arbitrage Period Price Range
Low | March 21, 2024
| High |
9.70 | 9.63 |
The Arbitrage June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how The Arbitrage 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 The Arbitrage shares will generate the highest return on investment. By undertsting and applying The Arbitrage mutual fund market strength indicators, traders can identify The Arbitrage Credit entry and exit signals to maximize returns
The Arbitrage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Arbitrage's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | 0.031 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.97) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Arbitrage Credit. 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 census. Note that the Arbitrage Credit information on this page should be used as a complementary analysis to other The Arbitrage'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.