Stringer Growth Fund Price on December 26, 2023
| SRGAX Fund | USD 12.25 0.01 0.08% |
Below is the normalized historical share price chart for Stringer Growth Fund extending back to March 28, 2013. 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 Stringer Growth stands at 12.25, as last reported on the 12th of May 2024, with the highest price reaching 12.25 and the lowest price hitting 12.25 during the day.
If you're considering investing in Stringer Mutual Fund, it is important to understand the factors that can impact its price. We consider Stringer Growth very steady. Stringer Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0736, which indicates the fund had a 0.0736% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stringer Growth Fund, which you can use to evaluate the volatility of the fund. Please validate Stringer Growth's Coefficient Of Variation of 1209.1, risk adjusted performance of 0.0483, and Semi Deviation of 0.3813 to confirm if the risk estimate we provide is consistent with the expected return of 0.036%.
Stringer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Stringer |
Sharpe Ratio = 0.0736
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| Negative Returns | SRGAX |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Stringer Growth is performing at about 5% 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 Stringer Growth by adding it to a well-diversified portfolio.
Stringer Growth Valuation on December 26, 2023
It is possible to determine the worth of Stringer Growth on a given historical date. On December 26, 2023 Stringer was worth 11.89 at the beginning of the trading date compared to the closed value of 11.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stringer Growth mutual fund. Still, in general, we apply an absolute valuation method to find Stringer Growth'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 Stringer Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stringer Growth's related companies.
| Open | High | Low | Close | Volume | |
| 11.86 | 11.86 | 11.58 | 11.58 | 1.00 | |
12/26/2023 | 11.89 | 11.89 | 11.60 | 11.60 | 1.00 |
| 11.62 | 11.62 | 11.62 | 11.62 | 1.00 |
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Stringer Growth Trading Date Momentum on December 26, 2023
| On December 27 2023 Stringer Growth Fund was traded for 11.62 at the closing time. The highest daily price throughout the period was 11.62 and the lowest price was 11.62 . There was no trading activity during the period 1.0. Lack of trading volume on 12/27/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.17% . The trading price change to current closing price is 0.95% . |
Stringer Growth Fundamentals Correlations and Trends
By evaluating Stringer Growth'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 Stringer Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stringer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stringer Growth Mutual Fund history
Stringer Growth 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 Stringer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stringer Growth 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 Stringer Growth stock prices may prove useful in developing a viable investing in Stringer Growth
The fund is designed to meet investor needs for a diversified portfolio solution with a defined risk objective of long-term growth through a fully managed investment policy utilizing primarily ETFs as well as United States and foreign equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.
Stringer Growth Mutual Fund Technical Analysis
Stringer Growth 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
Stringer Growth Period Price Range
Low | December 26, 2023
| High |
11.89 | 11.60 |
Stringer Growth May 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Stringer Growth 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 Stringer Growth shares will generate the highest return on investment. By undertsting and applying Stringer Growth mutual fund market strength indicators, traders can identify Stringer Growth Fund entry and exit signals to maximize returns
Stringer Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stringer Growth's price direction in advance. Along with the technical and fundamental analysis of Stringer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stringer 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 | 0.0483 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0415 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stringer Growth 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 nation. Note that the Stringer Growth information on this page should be used as a complementary analysis to other Stringer Growth'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.