Us High Relative Fund Price on February 9, 2024
| DURPX Fund | USD 22.14 0.01 0.05% |
Below is the normalized historical share price chart for Us High Relative extending back to May 16, 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 Us High stands at 22.14, as last reported on the 9th of May, with the highest price reaching 22.14 and the lowest price hitting 22.14 during the day.
If you're considering investing in DURPX Mutual Fund, it is important to understand the factors that can impact its price. We consider Us High very steady. Us High Relative retains Efficiency (Sharpe Ratio) of 0.054, which indicates the fund had a 0.054% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Us High, which you can use to evaluate the volatility of the fund. Please validate Us High's Downside Deviation of 0.7167, mean deviation of 0.5653, and Risk Adjusted Performance of 0.0555 to confirm if the risk estimate we provide is consistent with the expected return of 0.0395%.
DURPX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
DURPX |
Sharpe Ratio = 0.054
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| Negative Returns | DURPX |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 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 Us High 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 Us High by adding it to a well-diversified portfolio.
Us High Valuation on February 9, 2024
It is possible to determine the worth of Us High on a given historical date. On February 9, 2024 DURPX was worth 21.7 at the beginning of the trading date compared to the closed value of 21.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Us High mutual fund. Still, in general, we apply an absolute valuation method to find Us High'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 Us High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Us High's related companies.
| Open | High | Low | Close | Volume | |
| 21.62 | 21.62 | 21.55 | 21.55 | 1.00 | |
02/09/2024 | 21.70 | 21.70 | 21.63 | 21.63 | 1.00 |
| 21.69 | 21.69 | 21.62 | 21.62 | 1.00 |
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Us High Trading Date Momentum on February 9, 2024
| On February 12 2024 Us High Relative was traded for 21.62 at the closing time. The highest daily price throughout the period was 21.69 and the lowest price was 21.62 . There was no trading activity during the period 1.0. Lack of trading volume on 02/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.05% . The trading price change to current closing price is 0.60% . |
Us High Relative Fundamentals Correlations and Trends
By evaluating Us High'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 Us High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DURPX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Us High Mutual Fund history
Us High 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 DURPX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Us High Relative 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 Us High stock prices may prove useful in developing a viable investing in Us High
Under normal circumstances, the portfolio will invest at least 80 percent of its net assets in securities of U.S. companies. The portfolio may invest in ETFs for the purpose of gaining exposure to the U.S. stock market while maintaining liquidity. It may lend its portfolio securities to generate additional income.
Us High Mutual Fund Technical Analysis
Us High 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
Us High Period Price Range
Low | February 9, 2024
| High |
21.70 | 21.63 |
Us High May 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Us High 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 Us High shares will generate the highest return on investment. By undertsting and applying Us High mutual fund market strength indicators, traders can identify Us High Relative entry and exit signals to maximize returns
Us High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Us High's price direction in advance. Along with the technical and fundamental analysis of DURPX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of DURPX 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 | 0.0555 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4865 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Us High Relative. 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 american community survey. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.