Holbrook Income Fund Price on September 13, 2021
| HOBAX Fund | USD 9.58 0.01 0.10% |
If you're considering investing in Holbrook Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Holbrook Income stands at 9.58, as last reported on the 18th of April 2024, with the highest price reaching 9.58 and the lowest price hitting 9.58 during the day. We consider Holbrook Income very steady. Holbrook Income holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Holbrook Income, which you can use to evaluate the volatility of the entity. Please check out Holbrook Income's Risk Adjusted Performance of 0.0187, downside deviation of 0.2413, and Market Risk Adjusted Performance of (0.15) to validate if the risk estimate we provide is consistent with the expected return of 0.0223%.
Holbrook Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Holbrook |
Sharpe Ratio = 0.1051
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Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Holbrook Income 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 Holbrook Income by adding it to a well-diversified portfolio.
Holbrook Income Valuation on September 13, 2021
It is possible to determine the worth of Holbrook Income on a given historical date. On September 13, 2021 Holbrook was worth 10.36 at the beginning of the trading date compared to the closed value of 9.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Holbrook Income mutual fund. Still, in general, we apply an absolute valuation method to find Holbrook Income'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 Holbrook Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Holbrook Income's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 10.36 | 10.36 | 9.28 | 9.28 | 1.00 |
| 10.35 | 10.35 | 9.27 | 9.27 | 1.00 |
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Holbrook Income Trading Date Momentum on September 13, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Holbrook Income Fundamentals Correlations and Trends
By evaluating Holbrook Income'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 Holbrook Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Holbrook financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Holbrook Income Mutual Fund history
Holbrook Income 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 Holbrook is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Holbrook Income 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 Holbrook Income stock prices may prove useful in developing a viable investing in Holbrook Income
The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. It will allocate up to 100 percent of its portfolio in fixed income securities through direct investments or through the purchase of closed end investment companies, exchange-traded and open-end investment companies funds that invest primarily in income producing securities.
Holbrook Income Mutual Fund Technical Analysis
Holbrook Income 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
Holbrook Income Period Price Range
Low | April 4, 2022
| High |
10.36 | 9.28 |
Holbrook Income April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Holbrook Income 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 Holbrook Income shares will generate the highest return on investment. By undertsting and applying Holbrook Income mutual fund market strength indicators, traders can identify Holbrook Income entry and exit signals to maximize returns
Holbrook Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Holbrook Income's price direction in advance. Along with the technical and fundamental analysis of Holbrook Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Holbrook 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 | 0.0187 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.16) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Holbrook Income. 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 Holbrook Income information on this page should be used as a complementary analysis to other Holbrook Income'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.