Clearbridge Dividend Strategy Fund Price on March 26, 2024
| SOPYX Fund | USD 30.75 0.10 0.33% |
Below is the normalized historical share price chart for Clearbridge Dividend Strategy extending back to November 19, 1998. 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 Clearbridge Dividend stands at 30.75, as last reported on the 12th of May 2024, with the highest price reaching 30.75 and the lowest price hitting 30.75 during the day.
If you're considering investing in Clearbridge Mutual Fund, it is important to understand the factors that can impact its price. We consider Clearbridge Dividend very steady. Clearbridge Dividend secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Dividend Strategy, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Dividend's risk adjusted performance of 0.0742, and Mean Deviation of 0.4236 to double-check if the risk estimate we provide is consistent with the expected return of 0.0697%.
Clearbridge Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Clearbridge |
Sharpe Ratio = 0.1189
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Clearbridge Dividend is performing at about 9% 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 Clearbridge Dividend by adding it to a well-diversified portfolio.
Clearbridge Dividend Valuation on March 26, 2024
It is possible to determine the worth of Clearbridge Dividend on a given historical date. On March 26, 2024 Clearbridge was worth 30.67 at the beginning of the trading date compared to the closed value of 30.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clearbridge Dividend mutual fund. Still, in general, we apply an absolute valuation method to find Clearbridge Dividend'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 Clearbridge Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearbridge Dividend's related companies.
| Open | High | Low | Close | Volume | |
| 30.73 | 30.73 | 30.61 | 30.61 | 1.00 | |
03/26/2024 | 30.67 | 30.67 | 30.55 | 30.55 | 1.00 |
| 31.06 | 31.06 | 31.06 | 31.06 | 1.00 |
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Clearbridge Dividend Trading Date Momentum on March 26, 2024
| On March 27 2024 Clearbridge Dividend Strategy was traded for 31.06 at the closing time. The highest daily price throughout the period was 31.06 and the lowest price was 31.06 . There was no trading activity during the period 1.0. Lack of trading volume on 03/27/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.67% . The overall trading delta to current closing price is 0.13% . |
Clearbridge Dividend Fundamentals Correlations and Trends
By evaluating Clearbridge Dividend'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 Clearbridge Dividend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clearbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clearbridge Dividend Mutual Fund history
Clearbridge Dividend 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 Clearbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearbridge Dividend 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 Clearbridge Dividend stock prices may prove useful in developing a viable investing in Clearbridge Dividend
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, if any, in equity securities or other investments with similar economic characteristics that pay dividends or are expected to initiate their dividends over time. It invests primarily in common stocks. The fund may invest up to 50 percent of its net assets in equity securities of foreign issuers, either directly or through depositary receipts.
Clearbridge Dividend Mutual Fund Technical Analysis
Clearbridge Dividend 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
Clearbridge Dividend Period Price Range
Low | March 26, 2024
| High |
30.67 | 30.55 |
Clearbridge Dividend May 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Clearbridge Dividend 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 Clearbridge Dividend shares will generate the highest return on investment. By undertsting and applying Clearbridge Dividend mutual fund market strength indicators, traders can identify Clearbridge Dividend Strategy entry and exit signals to maximize returns
Clearbridge Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clearbridge Dividend's price direction in advance. Along with the technical and fundamental analysis of Clearbridge Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearbridge 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 | 0.0742 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0767 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Clearbridge Dividend Strategy. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.