Multi Manager Directional Alternative Fund Price History

CDAZX Fund  USD 7.08  0.02  0.28%   
Below is the normalized historical share price chart for Multi Manager Directional Alternative extending back to January 04, 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 Multi Manager stands at 7.08, as last reported on the 18th of April 2024, with the highest price reaching 7.08 and the lowest price hitting 7.08 during the day.
 
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If you're considering investing in Multi Mutual Fund, it is important to understand the factors that can impact its price. We consider Multi Manager very steady. Multi Manager Direct has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Multi Manager, which you can use to evaluate the volatility of the fund. Please verify Multi Manager's Mean Deviation of 0.2854, risk adjusted performance of 0.091, and Downside Deviation of 0.4122 to check out if the risk estimate we provide is consistent with the expected return of 0.0484%.
  
Multi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1343

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Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Multi Manager is performing at about 10% 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 Multi Manager by adding it to a well-diversified portfolio.

Multi Manager Mutual Fund Price History Chart

There are several ways to analyze Multi Manager Directional Alternative Fund price data. The simplest method is using a basic Multi candlestick price chart, which shows Multi Manager price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 28, 20247.28
Lowest PriceJanuary 23, 20246.86

Multi Manager April 18, 2024 Mutual Fund Price Synopsis

Various analyses of Multi Manager's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Multi Mutual Fund. It can be used to describe the percentage change in the price of Multi Manager from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Multi Mutual Fund.
Multi Manager Price Action Indicator(0.01)
Multi Manager Price Rate Of Daily Change 1.00 

Multi Manager April 18, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Multi Manager Directional Alternative Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Multi Manager intraday prices and daily technical indicators to check the level of noise trading in Multi Manager Directional Alternative Fund and then apply it to test your longer-term investment strategies against Multi.

Multi Mutual Fund Price History Data

The price series of Multi Manager for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 has a statistical range of 0.49 with a coefficient of variation of 2.08. The prices are distributed with arithmetic mean of 7.06. The median price for the last 90 days is 7.08. The company issued dividends on 12/19/2019.
OpenHighLowCloseVolume
04/18/2024
 7.08  7.08  7.08  7.08 
04/17/2024 7.08  7.08  7.08  7.08  1.00 
04/16/2024 7.10  7.10  7.10  7.10  1.00 
04/15/2024 7.12  7.12  7.12  7.12  1.00 
04/12/2024 7.14  7.14  7.14  7.14  1.00 
04/11/2024 7.20  7.20  7.20  7.20  1.00 
04/10/2024 7.19  7.19  7.19  7.19  1.00 
04/09/2024 7.23  7.23  7.23  7.23  1.00 
04/08/2024 7.25  7.25  7.25  7.25  1.00 
04/05/2024 7.25  7.25  7.25  7.25  1.00 
04/04/2024 7.21  7.21  7.21  7.21  1.00 
04/03/2024 7.27  7.27  7.27  7.27  1.00 
04/02/2024 7.25  7.25  7.25  7.25  1.00 
04/01/2024 7.27  7.27  7.27  7.27  1.00 
03/28/2024 7.28  7.28  7.28  7.28  1.00 
03/27/2024 7.27  7.27  7.27  7.27  1.00 
03/26/2024 7.25  7.25  7.25  7.25  1.00 
03/25/2024 7.25  7.25  7.25  7.25  1.00 
03/22/2024 7.25  7.25  7.25  7.25  1.00 
03/21/2024 7.25  7.25  7.25  7.25  1.00 
03/20/2024 7.23  7.23  7.23  7.23  1.00 
03/19/2024 7.20  7.20  7.20  7.20  1.00 
03/18/2024 7.18  7.18  7.18  7.18  1.00 
03/15/2024 7.16  7.16  7.16  7.16  1.00 
03/14/2024 7.18  7.18  7.18  7.18  1.00 
03/13/2024 7.18  7.18  7.18  7.18  1.00 
03/12/2024 7.17  7.17  7.17  7.17  1.00 
03/11/2024 7.13  7.13  7.13  7.13  1.00 
03/08/2024 7.13  7.13  7.13  7.13  1.00 
03/07/2024 7.16  7.16  7.16  7.16  1.00 
03/06/2024 7.11  7.11  7.11  7.11  1.00 
03/05/2024 7.09  7.09  7.09  7.09  1.00 
03/04/2024 7.10  7.10  7.10  7.10  1.00 
03/01/2024 7.09  7.09  7.09  7.09  1.00 
02/29/2024 7.04  7.04  7.04  7.04  1.00 
02/28/2024 7.03  7.03  7.03  7.03  1.00 
02/27/2024 7.03  7.03  7.03  7.03  1.00 
02/26/2024 7.03  7.03  7.03  7.03  1.00 
02/23/2024 7.05  7.05  7.05  7.05  1.00 
02/22/2024 7.04  7.04  7.04  7.04  1.00 
02/21/2024 6.97  6.97  6.97  6.97  1.00 
02/20/2024 6.95  6.95  6.95  6.95  1.00 
02/16/2024 6.95  6.95  6.95  6.95  1.00 
02/15/2024 6.96  6.96  6.96  6.96  1.00 
02/14/2024 6.94  6.94  6.94  6.94  1.00 
02/13/2024 6.91  6.91  6.91  6.91  1.00 
02/12/2024 6.95  6.95  6.95  6.95  1.00 
02/09/2024 6.94  6.94  6.94  6.94  1.00 
02/08/2024 6.93  6.93  6.93  6.93  1.00 
02/07/2024 6.94  6.94  6.94  6.94  1.00 
02/06/2024 6.92  6.92  6.92  6.92  1.00 
02/05/2024 6.93  6.93  6.93  6.93  1.00 
02/02/2024 6.95  6.95  6.95  6.95  1.00 
02/01/2024 6.93  6.93  6.93  6.93  1.00 
01/31/2024 6.88  6.88  6.88  6.88  1.00 
01/30/2024 6.93  6.93  6.93  6.93  1.00 
01/29/2024 6.91  6.91  6.91  6.91  1.00 
01/26/2024 6.90  6.90  6.90  6.90  1.00 
01/25/2024 6.90  6.90  6.90  6.90  1.00 
01/24/2024 6.88  6.88  6.88  6.88  1.00 
01/23/2024 6.86  6.86  6.86  6.86  1.00 

About Multi Manager Mutual Fund history

Multi Manager 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 Multi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Manager Direct 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 Multi Manager stock prices may prove useful in developing a viable investing in Multi Manager
The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.

Multi Manager Mutual Fund Technical Analysis

Multi Manager 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.
A focus of Multi Manager technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Multi Manager trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Multi Manager Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Multi Manager's price direction in advance. Along with the technical and fundamental analysis of Multi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 Multi Manager Direct information on this page should be used as a complementary analysis to other Multi Manager'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between Multi Manager's value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Manager is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Manager's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.