Meridian Growth Mutual Fund Forecast - Period Momentum Indicator
| MERDX Fund | USD 34.98 0.01 0.03% |
Meridian Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Meridian Growth stock prices and determine the direction of Meridian Growth Fund's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Meridian Growth's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Meridian Growth to cross-verify your projections. Meridian |
Most investors in Meridian Growth cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Meridian Growth's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Meridian Growth's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Meridian Growth Volatility | Backtest Meridian Growth | Information Ratio |
Meridian Growth Trading Date Momentum
| On May 22 2024 Meridian Growth Fund was traded for 34.98 at the closing time. The highest daily price throughout the period was 34.98 and the lowest price was 34.98 . There was no trading activity during the period 0.0. Lack of trading volume on 05/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Meridian Growth
For every potential investor in Meridian, whether a beginner or expert, Meridian Growth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Meridian Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Meridian. Basic forecasting techniques help filter out the noise by identifying Meridian Growth's price trends.Meridian Growth Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Meridian Growth mutual fund to make a market-neutral strategy. Peer analysis of Meridian Growth could also be used in its relative valuation, which is a method of valuing Meridian Growth by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Meridian Growth Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Meridian Growth's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Meridian Growth's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Meridian Growth Market Strength Events
Market strength indicators help investors to evaluate how Meridian Growth 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 Meridian Growth shares will generate the highest return on investment. By undertsting and applying Meridian Growth mutual fund market strength indicators, traders can identify Meridian Growth Fund entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.98 | |||
| Day Typical Price | 34.98 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 51.74 |
Meridian Growth Risk Indicators
The analysis of Meridian Growth's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Meridian Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meridian mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7388 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 0.9128 | |||
| Variance | 0.8333 | |||
| Downside Variance | 1.11 | |||
| Semi Variance | 1.02 | |||
| Expected Short fall | (0.69) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Meridian Growth to cross-verify your projections. Note that the Meridian Growth information on this page should be used as a complementary analysis to other Meridian Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.