Transportation Portfolio Transportation Fund Price on May 31, 2024
| FSRFX Fund | USD 106.22 0.73 0.68% |
Below is the normalized historical share price chart for Transportation Portfolio Transportation extending back to June 18, 1991. 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 Transportation Portfolio stands at 106.22, as last reported on the 26th of June, with the highest price reaching 106.22 and the lowest price hitting 106.22 during the day.
If you're considering investing in Transportation Mutual Fund, it is important to understand the factors that can impact its price. Transportation Portfolio owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0892, which indicates the fund had a -0.0892% return per unit of risk over the last 3 months. Transportation Portfolio Transportation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transportation Portfolio's Variance of 0.8863, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,172) to confirm the risk estimate we provide.
Transportation Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transportation |
Sharpe Ratio = -0.0892
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FSRFX |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transportation Portfolio is not performing at its full potential. However, 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 Transportation Portfolio by adding Transportation Portfolio to a well-diversified portfolio.
Transportation Portfolio Valuation on May 31, 2024
It is possible to determine the worth of Transportation Portfolio on a given historical date. On May 31, 2024 Transportation was worth 106.21 at the beginning of the trading date compared to the closed value of 106.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transportation Portfolio mutual fund. Still, in general, we apply an absolute valuation method to find Transportation Portfolio'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 Transportation Portfolio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transportation Portfolio's related companies.
| Open | High | Low | Close | Volume | |
| 104.70 | 104.70 | 104.70 | 104.70 | 1.00 | |
05/31/2024 | 106.21 | 106.21 | 106.21 | 106.21 | 1.00 |
| 105.33 | 105.33 | 105.33 | 105.33 | 1.00 |
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Transportation Portfolio Trading Date Momentum on May 31, 2024
| On June 03 2024 Transportation Portfolio Transportation was traded for 105.33 at the closing time. The highest daily price throughout the period was 105.33 and the lowest price was 105.33 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.83% . The trading price change to current closing price is 0.31% . |
Transportation Portfolio Fundamentals Correlations and Trends
By evaluating Transportation Portfolio'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 Transportation Portfolio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transportation financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transportation Portfolio Mutual Fund history
Transportation Portfolio 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 Transportation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transportation Portfolio 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 Transportation Portfolio stock prices may prove useful in developing a viable investing in Transportation Portfolio
The fund primarily invests in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Transportation Portfolio Mutual Fund Technical Analysis
Transportation Portfolio 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
Transportation Portfolio Period Price Range
Low | May 31, 2024
| High |
106.21 | 106.21 |
Transportation Portfolio June 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Transportation Portfolio 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 Transportation Portfolio shares will generate the highest return on investment. By undertsting and applying Transportation Portfolio mutual fund market strength indicators, traders can identify Transportation Portfolio Transportation entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 106.21 | |||
| Day Typical Price | 106.21 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 47.47 |
Transportation Portfolio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transportation Portfolio's price direction in advance. Along with the technical and fundamental analysis of Transportation Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transportation 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 | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.11) |
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| Volume Indicators |
Other Information on Investing in Transportation Mutual Fund
Transportation Portfolio financial ratios help investors to determine whether Transportation Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Transportation with respect to the benefits of owning Transportation Portfolio security.
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