Matisse Discounted Closed End Fund Price on October 17, 2024
MDCEX Fund | USD 6.85 0.02 0.29% |
If you're considering investing in Matisse Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Matisse Discounted stands at 6.85, as last reported on the 7th of January, with the highest price reaching 6.85 and the lowest price hitting 6.85 during the day. Matisse Discounted has Sharpe Ratio of -0.0299, which conveys that the entity had a -0.0299% return per unit of risk over the last 3 months. Matisse Discounted exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matisse Discounted's Standard Deviation of 0.884, risk adjusted performance of (0.02), and Mean Deviation of 0.5072 to check out the risk estimate we provide.
Matisse Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Matisse |
Sharpe Ratio = -0.0299
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Estimated Market Risk
0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Matisse Discounted 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 Matisse Discounted by adding Matisse Discounted to a well-diversified portfolio.
Matisse Discounted Valuation on October 17, 2024
It is possible to determine the worth of Matisse Discounted on a given historical date. On October 17, 2024 Matisse was worth 7.13 at the beginning of the trading date compared to the closed value of 7.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matisse Discounted mutual fund. Still, in general, we apply an absolute valuation method to find Matisse Discounted'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 Matisse Discounted where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matisse Discounted's related companies.
Open | High | Low | Close | Volume | |
7.14 | 7.14 | 7.14 | 7.14 | 1.00 | |
10/17/2024 | 7.13 | 7.13 | 7.13 | 7.13 | 1.00 |
7.14 | 7.14 | 7.14 | 7.14 | 1.00 |
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Matisse Discounted Trading Date Momentum on October 17, 2024
On October 18 2024 Matisse Discounted Closed End was traded for 7.14 at the closing time. The highest daily price throughout the period was 7.14 and the lowest price was 7.14 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.14% . The trading delta at closing time to current closing price is 1.40% . |
Matisse Discounted Fundamentals Correlations and Trends
By evaluating Matisse Discounted'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 Matisse Discounted's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Matisse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Matisse Discounted Mutual Fund history
Matisse Discounted 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 Matisse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matisse Discounted 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 Matisse Discounted stock prices may prove useful in developing a viable investing in Matisse Discounted
The fund is a fund of funds that seeks to achieve its investment objectives principally through investments in unaffiliated closed-end funds that pay regular periodic cash distributions, the interests of which typically trade at substantial discounts relative to their underlying net asset values. Matisse Discounted is traded on NASDAQ Exchange in the United States.
Matisse Discounted Mutual Fund Technical Analysis
Matisse Discounted 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
Matisse Discounted Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Matisse Discounted Closed End cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Matisse Discounted January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Matisse Discounted 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 Matisse Discounted shares will generate the highest return on investment. By undertsting and applying Matisse Discounted mutual fund market strength indicators, traders can identify Matisse Discounted Closed End entry and exit signals to maximize returns
Matisse Discounted Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matisse Discounted's price direction in advance. Along with the technical and fundamental analysis of Matisse Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Matisse 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 | (0.02) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.08) |
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Volume Indicators |
Other Information on Investing in Matisse Mutual Fund
Matisse Discounted financial ratios help investors to determine whether Matisse 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 Matisse with respect to the benefits of owning Matisse Discounted security.
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