Mid Cap Value Fund Price on March 7, 2024
| AVUAX Fund | USD 16.28 0.01 0.06% |
If you're considering investing in Mid Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mid Cap stands at 16.28, as last reported on the 18th of May 2024, with the highest price reaching 16.28 and the lowest price hitting 16.28 during the day. We consider Mid Cap very steady. Mid Cap Value has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mid Cap, which you can use to evaluate the volatility of the fund. Please verify Mid Cap's Downside Deviation of 0.7485, mean deviation of 0.4458, and Risk Adjusted Performance of 0.0812 to check out if the risk estimate we provide is consistent with the expected return of 0.0828%.
Mid Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mid |
Sharpe Ratio = 0.1387
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mid Cap is performing at about 10% 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 Mid Cap by adding it to a well-diversified portfolio.
Mid Cap Valuation on March 7, 2024
It is possible to determine the worth of Mid Cap on a given historical date. On March 7, 2024 Mid was worth 15.91 at the beginning of the trading date compared to the closed value of 15.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mid Cap mutual fund. Still, in general, we apply an absolute valuation method to find Mid Cap'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 Mid Cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mid Cap's related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 15.80 | 15.75 | 15.75 | 1.00 | |
03/07/2024 | 15.91 | 15.91 | 15.86 | 15.86 | 1.00 |
| 15.92 | 15.92 | 15.87 | 15.87 | 1.00 |
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Mid Cap Trading Date Momentum on March 7, 2024
| On March 08 2024 Mid Cap Value was traded for 15.87 at the closing time. The highest daily price throughout the period was 15.92 and the lowest price was 15.87 . There was no trading activity during the period 1.0. Lack of trading volume on 03/08/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.06% . The trading delta at closing time to current closing price is 0.76% . |
Mid Cap Value Fundamentals Correlations and Trends
By evaluating Mid Cap'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 Mid Cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mid Cap Mutual Fund history
Mid Cap 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 Mid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mid Cap Value 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 Mid Cap stock prices may prove useful in developing a viable investing in Mid Cap
Under normal market conditions, the portfolio managers will invest at least 80 percent of the funds net assets in medium size companies. American Century is traded on NASDAQ Exchange in the United States.
Mid Cap Mutual Fund Technical Analysis
Mid Cap 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
Mid Cap Period Price Range
Low | March 7, 2024
| High |
15.91 | 15.86 |
Mid Cap May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Mid Cap 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 Mid Cap shares will generate the highest return on investment. By undertsting and applying Mid Cap mutual fund market strength indicators, traders can identify Mid Cap Value entry and exit signals to maximize returns
Mid Cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mid Cap's price direction in advance. Along with the technical and fundamental analysis of Mid Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mid 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 | 0.0812 | |||
| Jensen Alpha | 0.0557 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3741 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mid Cap Value. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Mid Cap Value information on this page should be used as a complementary analysis to other Mid Cap'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.