American Independence Kansas Fund Price on December 14, 2018
IKSTX Fund | USD 10.02 0.02 0.20% |
Below is the normalized historical share price chart for American Independence Kansas extending back to July 15, 2003. 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 American Independence stands at 10.02, as last reported on the 23rd of April, with the highest price reaching 10.02 and the lowest price hitting 10.02 during the day.
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. American Independence secures Sharpe Ratio (or Efficiency) of -0.0619, which signifies that the fund had a -0.0619% return per unit of standard deviation over the last 3 months. American Independence Kansas exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Independence's mean deviation of 0.1052, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = -0.0619
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | IKSTX |
Estimated Market Risk
0.15 actual daily | 1 99% 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 | 0 Most of other assets perform better |
Based on monthly moving average American Independence is not performing at its full potential. However, 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 American Independence by adding American Independence 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.
About American Independence Mutual Fund history
American Independence 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Independence 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 American Independence stock prices may prove useful in developing a viable investing in American Independence
The fund seeks to preserve capital while producing current income for the investor that is exempt from both federal and Kansas state income taxes by investing in bonds issued by Kansas municipalities. It will invest in municipal bonds with maturities ranging up to 20 years and which are rated, at time of purchase, investment grade. The fund is non-diversified.
American Independence Mutual Fund Technical Analysis
American Independence 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
American Independence Period Price Range
American Independence April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how American Independence 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 American Independence shares will generate the highest return on investment. By undertsting and applying American Independence mutual fund market strength indicators, traders can identify American Independence Kansas entry and exit signals to maximize returns
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 10.02 | |||
Day Typical Price | 10.02 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.02) |
American Independence Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Independence's price direction in advance. Along with the technical and fundamental analysis of American Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of American 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 | (0.09) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.41) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in American Independence Kansas. 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 estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.