Mid Cap Index Fund Price on May 26, 2023
| VMIDX Fund | USD 26.78 0.04 0.15% |
Below is the normalized historical share price chart for Mid Cap Index extending back to September 05, 2006. 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 Mid Cap stands at 26.78, as last reported on the 22nd of May, with the highest price reaching 26.78 and the lowest price hitting 26.78 during the day.
If you're considering investing in Mid Mutual Fund, it is important to understand the factors that can impact its price. We consider Mid Cap very steady. Mid Cap Index has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% 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 0.8743, mean deviation of 0.636, and Risk Adjusted Performance of 0.0696 to check out if the risk estimate we provide is consistent with the expected return of 0.0985%.
Mid Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mid |
Sharpe Ratio = 0.1234
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mid Cap is performing at about 9% 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 May 26, 2023
It is possible to determine the worth of Mid Cap on a given historical date. On May 26, 2023 Mid was worth 22.55 at the beginning of the trading date compared to the closed value of 21.39. 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 | |
| 22.33 | 22.33 | 21.18 | 21.18 | 1.00 | |
05/26/2023 | 22.55 | 22.55 | 21.39 | 21.39 | 1.00 |
| 22.53 | 22.53 | 21.37 | 21.37 | 1.00 |
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Mid Cap Trading Date Momentum on May 26, 2023
| On May 30 2023 Mid Cap Index was traded for 21.37 at the closing time. The highest daily price throughout the period was 22.53 and the lowest price was 21.37 . There was no trading activity during the period 1.0. Lack of trading volume on 05/30/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.09% . The trading delta at closing time to current closing price is 7.01% . |
Mid Cap Index 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 Index 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
The fund is managed to seek to track the performance of the index, which measures the performance of the mid-capitalization sector of the U.S. equity market. Under normal circumstances, at least 80 percent of its net assets are invested in stocks that are in the index.
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 | May 26, 2023
| High |
22.55 | 21.39 |
Mid Cap May 22, 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 Index 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 | 0.0696 | |||
| Jensen Alpha | 0.0678 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | 0.3499 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Mid Cap Index. 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 unemployment. Note that the Mid Cap Index 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.