Midas Fund Financials
| MIDSX Fund | USD 1.63 0.01 0.62% |
Midas |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Midas Fund Fund Summary
Midas Fund competes with Gold And, World Precious, Gabelli Gold, International Investors, and Global Gold. In pursuit of its investment objectives, the fund invests at least 65 percent of its total assets in securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources and gold, silver, and platinum bullion and coins. Midas Fund is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | 11 Hanover Square |
| Mutual Fund Family | Midas |
| Mutual Fund Category | Equity Precious Metals |
| Benchmark | Dow Jones Industrial |
| Phone | 800 400 6432 |
| Currency | USD - US Dollar |
Midas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Midas Fund's current stock value. Our valuation model uses many indicators to compare Midas Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Midas Fund competition to find correlations between indicators driving Midas Fund's intrinsic value. More Info.Midas Fund Midas is rated below average in price to earning among similar funds. It also is rated below average in price to book among similar funds fabricating about 0.22 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Midas Fund Midas is roughly 4.61 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Midas Fund's earnings, one of the primary drivers of an investment's value.Midas Fund Midas Systematic Risk
Midas Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Midas Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Midas Fund Midas correlated with the market. If Beta is less than 0 Midas Fund generally moves in the opposite direction as compared to the market. If Midas Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Midas Fund Midas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Midas Fund is generally in the same direction as the market. If Beta > 1 Midas Fund moves generally in the same direction as, but more than the movement of the benchmark.
Midas Fund March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Midas Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Midas Fund Midas. We use our internally-developed statistical techniques to arrive at the intrinsic value of Midas Fund Midas based on widely used predictive technical indicators. In general, we focus on analyzing Midas Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Midas Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.3766 | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.73 |
Other Information on Investing in Midas Mutual Fund
Midas Fund financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Fund security.
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