Aama Income Fund Price on August 29, 2019
| AMFIX Fund | USD 23.53 0.02 0.08% |
Below is the normalized historical share price chart for Aama Income Fund extending back to June 30, 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 Aama Income stands at 23.53, as last reported on the 26th of April, with the highest price reaching 23.53 and the lowest price hitting 23.53 during the day.
If you're considering investing in Aama Mutual Fund, it is important to understand the factors that can impact its price. Aama Me Fund secures Sharpe Ratio (or Efficiency) of -0.017, which signifies that the fund had a -0.017% return per unit of risk over the last 3 months. Aama Income Fund exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aama Income's Risk Adjusted Performance of (0.04), mean deviation of 0.0889, and Downside Deviation of 0.1392 to double-check the risk estimate we provide.
Aama Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aama |
Sharpe Ratio = -0.017
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| Negative Returns | AMFIX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aama Income 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 Aama Income by adding Aama Income 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 Aama Income Mutual Fund history
Aama 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 Aama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aama Me Fund 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 Aama Income stock prices may prove useful in developing a viable investing in Aama Income
The fund will principally invest in income-producing securities which include U.S. Treasury obligations and other U.S. government and agency securities including mortgage-backed securities, corporate bonds, high yield bonds , municipal bonds, preferred stocks, inflation indexed bonds, money market instruments including commercial paper, bankers acceptances and marketable CDs, floating and variable rate securities, zero coupon bonds, and ETFs or mutual funds that invest in the types of securities in which the fund would normally invest.
Aama Income Mutual Fund Technical Analysis
Aama 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
Aama Income Period Price Range
Aama Income April 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Aama 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 Aama Income shares will generate the highest return on investment. By undertsting and applying Aama Income mutual fund market strength indicators, traders can identify Aama Income Fund 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 | 23.53 | |||
| Day Typical Price | 23.53 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Aama Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aama Income's price direction in advance. Along with the technical and fundamental analysis of Aama Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aama 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 | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.62) | |||
| Treynor Ratio | (0.14) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aama Income 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 gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.