T Rowe Price Fund Price on December 26, 2024
PMEGX Fund | USD 61.70 0.06 0.1% |
Below is the normalized historical share price chart for T Rowe Price extending back to March 21, 1997. 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 T Rowe stands at 61.70, as last reported on the 26th of December, with the highest price reaching 61.70 and the lowest price hitting 61.70 during the day.
If you're considering investing in PMEGX Mutual Fund, it is important to understand the factors that can impact its price. T Rowe Price owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0753, which indicates the fund had a -0.0753% return per unit of standard deviation over the last 3 months. T Rowe Price exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate T Rowe's Standard Deviation of 2.05, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.9025 to confirm the risk estimate we provide.
PMEGX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
PMEGX |
Sharpe Ratio = -0.0753
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PMEGX |
Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average T Rowe 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 T Rowe by adding T Rowe to a well-diversified portfolio.
T Rowe Valuation on December 26, 2024
It is possible to determine the worth of T Rowe on a given historical date. On December 26, 2024 PMEGX was worth 61.7 at the beginning of the trading date compared to the closed value of 61.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of T Rowe mutual fund. Still, in general, we apply an absolute valuation method to find T Rowe'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 T Rowe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against T Rowe's related companies.
Open | High | Low | Close | Volume | |
61.64 | 61.64 | 61.64 | 61.64 | 1.00 | |
12/26/2024 | 61.70 | 61.70 | 61.70 | 61.70 | 1.00 |
Backtest T Rowe | | | T Rowe History | | | T Rowe Valuation | Previous |
T Rowe Trading Date Momentum on December 26, 2024
On December 26 2024 T Rowe Price was traded for 61.70 at the closing time. The highest daily price throughout the period was 61.70 and the lowest price was 61.70 . There was no trading activity during the period 1.0. Lack of trading volume on 12/26/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
T Rowe Price Fundamentals Correlations and Trends
By evaluating T Rowe'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 T Rowe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PMEGX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About T Rowe Mutual Fund history
T Rowe 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 PMEGX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T Rowe Price 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 T Rowe stock prices may prove useful in developing a viable investing in T Rowe
The fund normally invests at least 80 percent of its net assets in a diversified portfolio of common stocks of mid-cap companies whose earnings T. Rowe Price expects to grow at a faster rate than the average company. The advisor defines mid-cap companies as those whose market capitalization falls within the range of either the SP MidCap 400 Index or the Russell Midcap Growth Index.
T Rowe Mutual Fund Technical Analysis
T Rowe 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
T Rowe Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
T Rowe Price 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.
T Rowe December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how T Rowe 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 T Rowe shares will generate the highest return on investment. By undertsting and applying T Rowe mutual fund market strength indicators, traders can identify T Rowe Price entry and exit signals to maximize returns
T Rowe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for T Rowe's price direction in advance. Along with the technical and fundamental analysis of PMEGX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of PMEGX 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 | (0.05) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.8925 |
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 PMEGX Mutual Fund
T Rowe financial ratios help investors to determine whether PMEGX 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 PMEGX with respect to the benefits of owning T Rowe security.
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |