Mmzhx Fund Price on November 1, 2024
| MMZHX Fund | 11.99 1.14 10.51% |
If you're considering investing in Mmzhx Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mmzhx stands at 11.99, as last reported on the 7th of January, with the highest price reaching 11.99 and the lowest price hitting 11.99 during the day. At this stage we consider Mmzhx Mutual Fund to be somewhat reliable. Mmzhx has Sharpe Ratio of 0.0138, which conveys that the entity had a 0.0138% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mmzhx, which you can use to evaluate the volatility of the fund. Please verify Mmzhx's Mean Deviation of 1.57, downside deviation of 3.19, and Risk Adjusted Performance of 0.0186 to check out if the risk estimate we provide is consistent with the expected return of 0.0476%.
Mmzhx Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mmzhx |
Sharpe Ratio = 0.0138
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MMZHX |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mmzhx is performing at about 1% 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 Mmzhx by adding it to a well-diversified portfolio.
Mmzhx Valuation on November 1, 2024
It is possible to determine the worth of Mmzhx on a given historical date. On November 1, 2024 Mmzhx was worth 11.99 at the beginning of the trading date compared to the closed value of 11.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mmzhx mutual fund. Still, in general, we apply an absolute valuation method to find Mmzhx'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 Mmzhx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mmzhx's related companies.
| Open | High | Low | Close | Volume | |
| 11.83 | 11.83 | 11.83 | 11.83 | 1.00 | |
11/01/2024 | 11.99 | 11.99 | 11.99 | 11.99 | 1.00 |
| 11.88 | 11.88 | 11.88 | 11.88 | 1.00 |
| Backtest Mmzhx | | | Mmzhx History | | | Mmzhx Valuation | Previous | Next |
Mmzhx Trading Date Momentum on November 1, 2024
| On November 04 2024 Mmzhx was traded for 11.88 at the closing time. The highest daily price throughout the period was 11.88 and the lowest price was 11.88 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.92% . The trading delta at closing time to current closing price is 2.25% . |
About Mmzhx Mutual Fund history
Mmzhx 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 Mmzhx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mmzhx 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 Mmzhx stock prices may prove useful in developing a viable investing in Mmzhx
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.
Mmzhx Mutual Fund Technical Analysis
Mmzhx 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
Mmzhx Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Mmzhx 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.
Mmzhx January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Mmzhx 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 Mmzhx shares will generate the highest return on investment. By undertsting and applying Mmzhx mutual fund market strength indicators, traders can identify Mmzhx entry and exit signals to maximize returns
Mmzhx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mmzhx's price direction in advance. Along with the technical and fundamental analysis of Mmzhx Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mmzhx 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 | 0.0186 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0054 | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mmzhx Mutual Fund
Mmzhx financial ratios help investors to determine whether Mmzhx 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 Mmzhx with respect to the benefits of owning Mmzhx security.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |