Mid Cap Growth Fund Price on July 10, 2023
| MMCGX Fund | USD 23.04 0.44 1.95% |
Below is the normalized historical share price chart for Mid Cap Growth extending back to September 16, 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 Mid Cap stands at 23.04, as last reported on the 22nd of December, with the highest price reaching 23.04 and the lowest price hitting 23.04 during the day.
If you're considering investing in Mid Mutual Fund, it is important to understand the factors that can impact its price. Mid Cap appears to be very steady, given 3 months investment horizon. Mid Cap Growth has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mid Cap, which you can use to evaluate the volatility of the fund. Please exercise Mid Cap's Downside Deviation of 1.63, mean deviation of 1.32, and Risk Adjusted Performance of 0.1847 to check out if our risk estimates are consistent with your expectations.
Mid Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mid |
Sharpe Ratio = 0.226
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Mid Cap is performing at about 17% 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 Mid Cap by adding it to a well-diversified portfolio.
Mid Cap Valuation on July 10, 2023
It is possible to determine the worth of Mid Cap on a given historical date. On July 10, 2023 Mid was worth 13.79 at the beginning of the trading date compared to the closed value of 13.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mid Cap mutual fund. Still, in general, we apply an absolute valuation method to find Mid Cap'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 Mid Cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mid Cap's related companies.
| Open | High | Low | Close | Volume | |
| 13.43 | 13.43 | 13.43 | 13.43 | 1.00 | |
07/10/2023 | 13.79 | 13.79 | 13.79 | 13.79 | 1.00 |
| 14.23 | 14.23 | 14.23 | 14.23 | 1.00 |
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Mid Cap Trading Date Momentum on July 10, 2023
| On July 11 2023 Mid Cap Growth was traded for 14.23 at the closing time. The highest daily price throughout the period was 14.23 and the lowest price was 14.23 . There was no trading activity during the period 1.0. Lack of trading volume on 07/11/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 3.19% . The trading delta at closing time to current closing price is 4.28% . |
Mid Cap Growth Fundamentals Correlations and Trends
By evaluating Mid Cap'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 Mid Cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mid Cap Mutual Fund history
Mid Cap 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 Mid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mid Cap 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 Mid Cap stock prices may prove useful in developing a viable investing in Mid Cap
Under normal circumstances, the adviser seeks to achieve the funds investment objective by investing primarily in established and emerging companies with capitalizations within the range of companies included in the Russell Midcap Growth Index. The adviser typically invests in unique companies it believes have sustainable competitive advantages with above average business visibility, the ability to deploy capital at high rates of return, strong balance sheets and an attractive riskreward.
Mid Cap Mutual Fund Technical Analysis
Mid Cap 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
Mid Cap Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Mid Cap Growth 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.
Mid Cap December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Mid Cap 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 Mid Cap shares will generate the highest return on investment. By undertsting and applying Mid Cap mutual fund market strength indicators, traders can identify Mid Cap Growth entry and exit signals to maximize returns
Mid Cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mid Cap's price direction in advance. Along with the technical and fundamental analysis of Mid Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mid 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 | 0.1847 | |||
| Jensen Alpha | 0.356 | |||
| Total Risk Alpha | 0.3375 | |||
| Sortino Ratio | 0.2233 | |||
| Treynor Ratio | 0.2797 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mid Mutual Fund
Mid Cap financial ratios help investors to determine whether Mid 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 Mid with respect to the benefits of owning Mid Cap security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |