Mmzgx Fund Price on December 18, 2024
MMZGX Fund | 10.75 0.03 0.28% |
If you're considering investing in Mmzgx Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mmzgx stands at 10.75, as last reported on the 21st of December, with the highest price reaching 10.75 and the lowest price hitting 10.75 during the day. Mmzgx has Sharpe Ratio of -0.0918, which conveys that the entity had a -0.0918% return per unit of risk over the last 3 months. Mmzgx exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mmzgx's Standard Deviation of 1.71, mean deviation of 0.8375, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Mmzgx Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mmzgx |
Sharpe Ratio = -0.0918
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Estimated Market Risk
1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.16 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 Mmzgx 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 Mmzgx by adding Mmzgx to a well-diversified portfolio.
Mmzgx Valuation on December 18, 2024
It is possible to determine the worth of Mmzgx on a given historical date. On December 18, 2024 Mmzgx was worth 10.78 at the beginning of the trading date compared to the closed value of 10.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mmzgx mutual fund. Still, in general, we apply an absolute valuation method to find Mmzgx'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 Mmzgx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mmzgx's related companies.
Open | High | Low | Close | Volume | |
12.18 | 12.18 | 12.18 | 12.18 | 1.00 | |
12/18/2024 | 10.78 | 10.78 | 10.78 | 10.78 | 1.00 |
10.75 | 10.75 | 10.75 | 10.75 | 1.00 |
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Mmzgx Trading Date Momentum on December 18, 2024
On December 19 2024 Mmzgx was traded for 10.75 at the closing time. The highest daily price throughout the period was 10.75 and the lowest price was 10.75 . There was no trading activity during the period 1.0. Lack of trading volume on 12/19/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.28% . The trading delta at closing time to current closing price is 0.28% . |
About Mmzgx Mutual Fund history
Mmzgx 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 Mmzgx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mmzgx 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 Mmzgx stock prices may prove useful in developing a viable investing in Mmzgx
The fund is a fund of funds that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds using an asset allocation strategy designed for investors who plan to retire around the year 2065 and then withdraw their investment in the fund over time throughout retirement.
Mmzgx Mutual Fund Technical Analysis
Mmzgx 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
Mmzgx Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Mmzgx 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.
Mmzgx December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Mmzgx 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 Mmzgx shares will generate the highest return on investment. By undertsting and applying Mmzgx mutual fund market strength indicators, traders can identify Mmzgx entry and exit signals to maximize returns
Mmzgx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mmzgx's price direction in advance. Along with the technical and fundamental analysis of Mmzgx Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mmzgx 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 | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (8.40) |
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Other Information on Investing in Mmzgx Mutual Fund
Mmzgx financial ratios help investors to determine whether Mmzgx 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 Mmzgx with respect to the benefits of owning Mmzgx security.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |