Midas Special Fund Market Value

MISEX Fund  USD 33.47  0.64  1.95%   
Midas Special's market value is the price at which a share of Midas Special trades on a public exchange. It measures the collective expectations of Midas Special Fund investors about its performance. Midas Special is trading at 33.47 as of the 16th of March 2025; that is 1.95% up since the beginning of the trading day. The fund's open price was 32.83.
With this module, you can estimate the performance of a buy and hold strategy of Midas Special Fund and determine expected loss or profit from investing in Midas Special over a given investment horizon. Check out Midas Special Correlation, Midas Special Volatility and Midas Special Alpha and Beta module to complement your research on Midas Special.
Symbol

Please note, there is a significant difference between Midas Special's value and its price as these two are different measures arrived at by different means. Investors typically determine if Midas Special is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Midas Special's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Midas Special 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Midas Special's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Midas Special.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Midas Special on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Midas Special Fund or generate 0.0% return on investment in Midas Special over 90 days. Midas Special is related to or competes with Pax High, Siit High, T Rowe, Pace High, and Alpine High. In pursuit of its investment objective, the fund may invest in any security type and in any industry or sector, in domes... More

Midas Special Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Midas Special's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Midas Special Fund upside and downside potential and time the market with a certain degree of confidence.

Midas Special Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Midas Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Midas Special's standard deviation. In reality, there are many statistical measures that can use Midas Special historical prices to predict the future Midas Special's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Midas Special's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.2833.4834.68
Details
Intrinsic
Valuation
LowRealHigh
32.6933.8935.09
Details
Naive
Forecast
LowNextHigh
32.2233.4234.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.8335.1937.54
Details

Midas Special Backtested Returns

Midas Special has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1 % return per unit of risk over the last 3 months. Midas Special exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Midas Special's Standard Deviation of 1.21, mean deviation of 0.9082, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Midas Special returns are very sensitive to returns on the market. As the market goes up or down, Midas Special is expected to follow.

Auto-correlation

    
  -0.57  

Good reverse predictability

Midas Special Fund has good reverse predictability. Overlapping area represents the amount of predictability between Midas Special time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Midas Special price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Midas Special price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.43
Residual Average0.0
Price Variance1.63

Midas Special lagged returns against current returns

Autocorrelation, which is Midas Special mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Midas Special's mutual fund expected returns. We can calculate the autocorrelation of Midas Special returns to help us make a trade decision. For example, suppose you find that Midas Special has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Midas Special regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Midas Special mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Midas Special mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Midas Special mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Midas Special Lagged Returns

When evaluating Midas Special's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Midas Special mutual fund have on its future price. Midas Special autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Midas Special autocorrelation shows the relationship between Midas Special mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Midas Special Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Midas Mutual Fund

Midas Special financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Special security.
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