Nasdaq 100 Index Fund Price on February 14, 2024
| NDXKX Fund | USD 34.43 0.67 1.98% |
Below is the normalized historical share price chart for Nasdaq 100 Index Fund extending back to October 17, 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 Nasdaq 100 stands at 34.43, as last reported on the 5th of May, with the highest price reaching 34.43 and the lowest price hitting 34.43 during the day.
If you're considering investing in Nasdaq Mutual Fund, it is important to understand the factors that can impact its price. We consider Nasdaq 100 very steady. Nasdaq 100 Index has Sharpe Ratio of 0.0286, which conveys that the entity had a 0.0286% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nasdaq 100, which you can use to evaluate the volatility of the fund. Please verify Nasdaq 100's Downside Deviation of 1.03, mean deviation of 0.8761, and Risk Adjusted Performance of 0.0456 to check out if the risk estimate we provide is consistent with the expected return of 0.0309%.
Nasdaq Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nasdaq |
Sharpe Ratio = 0.0286
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| Negative Returns | NDXKX |
Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nasdaq 100 is performing at about 2% 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 Nasdaq 100 by adding it to a well-diversified portfolio.
Nasdaq 100 Valuation on February 14, 2024
It is possible to determine the worth of Nasdaq 100 on a given historical date. On February 14, 2024 Nasdaq was worth 34.27 at the beginning of the trading date compared to the closed value of 34.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nasdaq 100 mutual fund. Still, in general, we apply an absolute valuation method to find Nasdaq 100'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 Nasdaq 100 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nasdaq 100's related companies.
| Open | High | Low | Close | Volume | |
| 33.87 | 33.87 | 33.86 | 33.86 | 1.00 | |
02/14/2024 | 34.27 | 34.27 | 34.26 | 34.26 | 1.00 |
| 34.35 | 34.35 | 34.34 | 34.34 | 1.00 |
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Nasdaq 100 Trading Date Momentum on February 14, 2024
| On February 15 2024 Nasdaq 100 Index Fund was traded for 34.34 at the closing time. The highest daily price throughout the period was 34.35 and the lowest price was 34.34 . There was no trading activity during the period 1.0. Lack of trading volume on 02/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.23% . The trading delta at closing time to current closing price is 0.73% . |
Nasdaq 100 Index Fundamentals Correlations and Trends
By evaluating Nasdaq 100'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 Nasdaq 100's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nasdaq financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nasdaq 100 Mutual Fund history
Nasdaq 100 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 Nasdaq is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nasdaq 100 Index 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 Nasdaq 100 stock prices may prove useful in developing a viable investing in Nasdaq 100
Under normal market conditions, the funds policy to invest at least 80 percent of its total assets in the stocks comprising the index. It is passively managed. The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization.
Nasdaq 100 Mutual Fund Technical Analysis
Nasdaq 100 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
Nasdaq 100 Period Price Range
Low | February 14, 2024
| High |
34.27 | 34.26 |
Nasdaq 100 May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Nasdaq 100 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 Nasdaq 100 shares will generate the highest return on investment. By undertsting and applying Nasdaq 100 mutual fund market strength indicators, traders can identify Nasdaq 100 Index Fund entry and exit signals to maximize returns
Nasdaq 100 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nasdaq 100's price direction in advance. Along with the technical and fundamental analysis of Nasdaq Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nasdaq 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 | 0.0456 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0532 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq 100 Index 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 industry. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.