International Developed Markets Fund Price on April 26, 2024
| RINYX Fund | USD 43.56 0.32 0.73% |
Below is the normalized historical share price chart for International Developed Markets extending back to June 08, 2000. 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 International Developed stands at 43.56, as last reported on the 23rd of May, with the highest price reaching 43.56 and the lowest price hitting 43.56 during the day.
If you're considering investing in International Mutual Fund, it is important to understand the factors that can impact its price. We consider International Developed very steady. International Developed holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last month. We have found twenty-seven technical indicators for International Developed, which you can use to evaluate the volatility of the entity. Please check out International Developed's Downside Deviation of 0.5705, risk adjusted performance of 0.141, and Market Risk Adjusted Performance of 0.1537 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
International Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
International |
Sharpe Ratio = 0.2664
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Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average International Developed is performing at about 20% 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 International Developed by adding it to a well-diversified portfolio.
International Developed Valuation on April 26, 2024
It is possible to determine the worth of International Developed on a given historical date. On April 26, 2024 International was worth 42.0 at the beginning of the trading date compared to the closed value of 42.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of International Developed mutual fund. Still, in general, we apply an absolute valuation method to find International Developed'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 International Developed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against International Developed's related companies.
| Open | High | Low | Close | Volume | |
| 41.88 | 41.88 | 41.88 | 41.88 | 1.00 | |
04/26/2024 | 42.00 | 42.00 | 42.00 | 42.00 | 1.00 |
| 42.31 | 42.31 | 42.31 | 42.31 | 1.00 |
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International Developed Trading Date Momentum on April 26, 2024
| On April 29 2024 International Developed Markets was traded for 42.31 at the closing time. The highest daily price throughout the period was 42.31 and the lowest price was 42.31 . There was no trading activity during the period 1.0. Lack of trading volume on 04/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.74% . The trading delta at closing time to current closing price is 2.36% . |
International Developed Fundamentals Correlations and Trends
By evaluating International Developed'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 International Developed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. International financial account trend analysis is a perfect complement when working with valuation or volatility modules.About International Developed Mutual Fund history
International Developed 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 International is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in International Developed 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 International Developed stock prices may prove useful in developing a viable investing in International Developed
The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in companies that are located in countries with developed markets or that are economically tied to such countries. The fund invests principally in equity securities, including common stocks and preferred stocks, issued by companies incorporated in developed markets outside the U.S. and in depositary receipts. The funds securities are denominated principally in foreign currencies and are typically held outside the U.S.
International Developed Mutual Fund Technical Analysis
International Developed 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
International Developed Period Price Range
Low | April 26, 2024
| High |
42.00 | 42.00 |
International Developed May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how International Developed 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 International Developed shares will generate the highest return on investment. By undertsting and applying International Developed mutual fund market strength indicators, traders can identify International Developed Markets entry and exit signals to maximize returns
International Developed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for International Developed's price direction in advance. Along with the technical and fundamental analysis of International Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of International 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 | 0.141 | |||
| Jensen Alpha | 0.0418 | |||
| Total Risk Alpha | 0.0314 | |||
| Sortino Ratio | 0.0798 | |||
| Treynor Ratio | 0.1437 |
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| Math Transform | ||
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in International Developed Markets. 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 manufacturing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..