Ancora Microcap Fund Price on May 31, 2023
| ANCIX Fund | USD 16.79 0.17 1.00% |
Below is the normalized historical share price chart for Ancora Microcap Fund extending back to September 02, 2008. 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 Ancora Microcap stands at 16.79, as last reported on the 15th of May 2024, with the highest price reaching 16.79 and the lowest price hitting 16.79 during the day.
If you're considering investing in Ancora Mutual Fund, it is important to understand the factors that can impact its price. We consider Ancora Microcap very steady. Ancora Microcap secures Sharpe Ratio (or Efficiency) of 0.0276, which signifies that the fund had a 0.0276% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Ancora Microcap Fund, which you can use to evaluate the volatility of the entity. Please confirm Ancora Microcap's mean deviation of 0.7072, and Risk Adjusted Performance of 0.0512 to double-check if the risk estimate we provide is consistent with the expected return of 0.0213%.
Ancora Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ancora |
Sharpe Ratio = 0.0276
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| Negative Returns | ANCIX |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 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 Ancora Microcap 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 Ancora Microcap by adding it to a well-diversified portfolio.
Ancora Microcap Valuation on May 31, 2023
It is possible to determine the worth of Ancora Microcap on a given historical date. On May 31, 2023 Ancora was worth 14.64 at the beginning of the trading date compared to the closed value of 14.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ancora Microcap mutual fund. Still, in general, we apply an absolute valuation method to find Ancora Microcap'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 Ancora Microcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ancora Microcap's related companies.
| Open | High | Low | Close | Volume | |
| 14.86 | 14.86 | 14.21 | 14.21 | 1.00 | |
05/31/2023 | 14.64 | 14.64 | 14.00 | 14.00 | 1.00 |
| 14.74 | 14.74 | 14.10 | 14.10 | 1.00 |
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Ancora Microcap Trading Date Momentum on May 31, 2023
| On June 01 2023 Ancora Microcap Fund was traded for 14.10 at the closing time. The highest daily price throughout the period was 14.74 and the lowest price was 14.10 . There was no trading activity during the period 1.0. Lack of trading volume on 06/01/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.71% . The overall trading delta to current closing price is 11.71% . |
Ancora Microcap Fundamentals Correlations and Trends
By evaluating Ancora Microcap'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 Ancora Microcap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ancora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ancora Microcap Mutual Fund history
Ancora Microcap 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 Ancora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ancora Microcap 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 Ancora Microcap stock prices may prove useful in developing a viable investing in Ancora Microcap
Under normal circumstances, the fund invests at least 80 percent of the assets in equity securities of companies whose equity securities have a total market value of under 700,000,000. Equity securities consist of common stock, preferred stock and securities convertible into common or preferred stock. It emphasizes a value style of investing. In deciding which securities to buy and which to sell, the Advisor will give primary consideration to fundamental factors.
Ancora Microcap Mutual Fund Technical Analysis
Ancora Microcap 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
Ancora Microcap Period Price Range
Low | May 31, 2023
| High |
14.64 | 14.00 |
Ancora Microcap May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Ancora Microcap 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 Ancora Microcap shares will generate the highest return on investment. By undertsting and applying Ancora Microcap mutual fund market strength indicators, traders can identify Ancora Microcap Fund entry and exit signals to maximize returns
Ancora Microcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ancora Microcap's price direction in advance. Along with the technical and fundamental analysis of Ancora Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ancora 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 | 0.0512 | |||
| Jensen Alpha | 0.0652 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.94) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ancora Microcap 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.