Commerce Midcap Value Fund Price on December 2, 2024
| CFMVX Fund | 26.57 0.16 0.60% |
If you're considering investing in Commerce Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Commerce Midcap stands at 26.57, as last reported on the 3rd of December, with the highest price reaching 26.57 and the lowest price hitting 26.57 during the day. At this stage we consider Commerce Mutual Fund to be very steady. Commerce Midcap Value secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Commerce Midcap Value, which you can use to evaluate the volatility of the entity. Please confirm Commerce Midcap's Downside Deviation of 0.6517, mean deviation of 0.6201, and Risk Adjusted Performance of 0.1004 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Commerce Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerce |
Sharpe Ratio = 0.1413
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Commerce Midcap is performing at about 11% 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 Commerce Midcap by adding it to a well-diversified portfolio.
Commerce Midcap Valuation on December 2, 2024
It is possible to determine the worth of Commerce Midcap on a given historical date. On December 2, 2024 Commerce was worth 26.73 at the beginning of the trading date compared to the closed value of 26.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerce Midcap mutual fund. Still, in general, we apply an absolute valuation method to find Commerce Midcap'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 Commerce Midcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commerce Midcap's related companies.
| Open | High | Low | Close | Volume | |
| 26.91 | 26.91 | 26.91 | 26.91 | 1.00 | |
12/02/2024 | 26.73 | 26.73 | 26.73 | 26.73 | 1.00 |
| 26.57 | 26.57 | 26.57 | 26.57 | 1.00 |
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Commerce Midcap Trading Date Momentum on December 2, 2024
| On December 03 2024 Commerce Midcap Value was traded for 26.57 at the closing time. The highest daily price throughout the period was 26.57 and the lowest price was 26.57 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.60% . The overall trading delta to current closing price is 0.60% . |
About Commerce Midcap Mutual Fund history
Commerce Midcap 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 Commerce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commerce Midcap 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 Commerce Midcap stock prices may prove useful in developing a viable investing in Commerce Midcap
Under normal market conditions, the fund invests at least 80 percent of its net assets plus any borrowings for investment purposes in stocks, primarily common stocks, of mid-cap issuers. These issuers will have public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap Value Index at the time of investment. The equity capitalization range of public companies in the index was 451 Million to 54.5 Billion as of September 30, 2023.
Commerce Midcap Mutual Fund Technical Analysis
Commerce Midcap 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
Commerce Midcap Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Commerce Midcap Value cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Commerce Midcap December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerce Midcap 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 Commerce Midcap shares will generate the highest return on investment. By undertsting and applying Commerce Midcap mutual fund market strength indicators, traders can identify Commerce Midcap Value entry and exit signals to maximize returns
Commerce Midcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commerce Midcap's price direction in advance. Along with the technical and fundamental analysis of Commerce Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commerce 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 | 0.1004 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.101 |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Commerce Mutual Fund
Commerce Midcap financial ratios help investors to determine whether Commerce 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 Commerce with respect to the benefits of owning Commerce Midcap security.
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