Small Midcap Dividend Income Fund Market Value

PMDDX Fund  USD 17.18  0.40  2.28%   
Small-midcap Dividend's market value is the price at which a share of Small-midcap Dividend trades on a public exchange. It measures the collective expectations of Small Midcap Dividend Income investors about its performance. Small-midcap Dividend is trading at 17.18 as of the 16th of March 2025; that is 2.28 percent decrease since the beginning of the trading day. The fund's open price was 17.58.
With this module, you can estimate the performance of a buy and hold strategy of Small Midcap Dividend Income and determine expected loss or profit from investing in Small-midcap Dividend over a given investment horizon. Check out Small-midcap Dividend Correlation, Small-midcap Dividend Volatility and Small-midcap Dividend Alpha and Beta module to complement your research on Small-midcap Dividend.
Symbol

Please note, there is a significant difference between Small-midcap Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small-midcap Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small-midcap Dividend'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.

Small-midcap Dividend '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 Small-midcap Dividend'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 Small-midcap Dividend.
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 Small-midcap Dividend on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Small Midcap Dividend Income or generate 0.0% return on investment in Small-midcap Dividend over 90 days. Small-midcap Dividend is related to or competes with Wilmington Diversified, Guidepath(r) Conservative, Global Diversified, Federated Hermes, Saat Conservative, and John Hancock. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying ... More

Small-midcap Dividend 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 Small-midcap Dividend'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 Small Midcap Dividend Income upside and downside potential and time the market with a certain degree of confidence.

Small-midcap Dividend Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Small-midcap Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small-midcap Dividend's standard deviation. In reality, there are many statistical measures that can use Small-midcap Dividend historical prices to predict the future Small-midcap Dividend's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Small-midcap Dividend'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
16.0817.1818.28
Details
Intrinsic
Valuation
LowRealHigh
14.9316.0318.90
Details
Naive
Forecast
LowNextHigh
15.8516.9518.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.2018.2719.33
Details

Small Midcap Dividend Backtested Returns

Small Midcap Dividend owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15 % return per unit of risk over the last 3 months. Small Midcap Dividend Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Small-midcap Dividend's Coefficient Of Variation of (443.62), risk adjusted performance of (0.19), and Variance of 1.14 to confirm the risk estimate we provide. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Small-midcap Dividend are expected to decrease at a much lower rate. During the bear market, Small-midcap Dividend is likely to outperform the market.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Small Midcap Dividend Income has very good reverse predictability. Overlapping area represents the amount of predictability between Small-midcap Dividend 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 Small Midcap Dividend price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Small-midcap Dividend price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.51
Residual Average0.0
Price Variance0.25

Small Midcap Dividend lagged returns against current returns

Autocorrelation, which is Small-midcap Dividend 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 Small-midcap Dividend's mutual fund expected returns. We can calculate the autocorrelation of Small-midcap Dividend returns to help us make a trade decision. For example, suppose you find that Small-midcap Dividend 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  

Small-midcap Dividend 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 Small-midcap Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small-midcap Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small-midcap Dividend mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Small-midcap Dividend Lagged Returns

When evaluating Small-midcap Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small-midcap Dividend mutual fund have on its future price. Small-midcap Dividend 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, Small-midcap Dividend autocorrelation shows the relationship between Small-midcap Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Small Midcap Dividend Income.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Small-midcap Mutual Fund

Small-midcap Dividend financial ratios help investors to determine whether Small-midcap 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 Small-midcap with respect to the benefits of owning Small-midcap Dividend security.
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