Undiscovered Managers Behavioral Fund Price on April 19, 2024
| UBVCX Fund | USD 75.41 0.19 0.25% |
Below is the normalized historical share price chart for Undiscovered Managers Behavioral extending back to June 07, 2004. 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 Undiscovered Managers stands at 75.41, as last reported on the 20th of May, with the highest price reaching 75.41 and the lowest price hitting 75.41 during the day.
If you're considering investing in Undiscovered Mutual Fund, it is important to understand the factors that can impact its price. We consider Undiscovered Managers very steady. Undiscovered Managers owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Undiscovered Managers Behavioral, which you can use to evaluate the volatility of the fund. Please validate Undiscovered Managers' Coefficient Of Variation of 682.63, risk adjusted performance of 0.0887, and Semi Deviation of 0.7522 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Undiscovered Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Undiscovered |
Sharpe Ratio = 0.14
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| Cash | UBVCX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Undiscovered Managers is performing at about 10% 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 Undiscovered Managers by adding it to a well-diversified portfolio.
Undiscovered Managers Valuation on April 19, 2024
It is possible to determine the worth of Undiscovered Managers on a given historical date. On April 19, 2024 Undiscovered was worth 71.78 at the beginning of the trading date compared to the closed value of 71.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Undiscovered Managers mutual fund. Still, in general, we apply an absolute valuation method to find Undiscovered Managers' 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 Undiscovered Managers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Undiscovered Managers' related companies.
| Open | High | Low | Close | Volume | |
| 70.79 | 70.79 | 70.79 | 70.79 | 1.00 | |
04/19/2024 | 71.78 | 71.78 | 71.78 | 71.78 | 1.00 |
| 72.25 | 72.25 | 72.25 | 72.25 | 1.00 |
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Undiscovered Managers Trading Date Momentum on April 19, 2024
| On April 22 2024 Undiscovered Managers Behavioral was traded for 72.25 at the closing time. The highest daily price throughout the period was 72.25 and the lowest price was 72.25 . There was no trading activity during the period 1.0. Lack of trading volume on 04/22/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.65% . The trading price change to current closing price is 1.78% . |
Undiscovered Managers Fundamentals Correlations and Trends
By evaluating Undiscovered Managers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Undiscovered Managers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Undiscovered financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Undiscovered Managers Mutual Fund history
Undiscovered Managers 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 Undiscovered is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Undiscovered Managers 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 Undiscovered Managers stock prices may prove useful in developing a viable investing in Undiscovered Managers
The fund seeks to achieve its objective by investing in common stocks of U.S. companies that the funds sub-adviser believes have value characteristics. Such common stocks include, but are not limited to, stocks of small capitalization companies, similar to those that are included in the Russell 2000 Value Index and real estate investment trusts . In selecting stocks for the fund, the sub-adviser applies principles based on behavioral finance.
Undiscovered Managers Mutual Fund Technical Analysis
Undiscovered Managers 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
Undiscovered Managers Period Price Range
Low | April 19, 2024
| High |
71.78 | 71.78 |
Undiscovered Managers May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Undiscovered Managers 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 Undiscovered Managers shares will generate the highest return on investment. By undertsting and applying Undiscovered Managers mutual fund market strength indicators, traders can identify Undiscovered Managers Behavioral entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 71.78 | |||
| Day Typical Price | 71.78 | |||
| Period Momentum Indicator | 3.63 | |||
| Relative Strength Index | 62.86 |
Undiscovered Managers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Undiscovered Managers' price direction in advance. Along with the technical and fundamental analysis of Undiscovered Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Undiscovered 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 | 0.0887 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.0988 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Undiscovered Managers Behavioral. 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 main economic indicators. Note that the Undiscovered Managers information on this page should be used as a complementary analysis to other Undiscovered Managers' 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.