Madison Ered Call Fund Price on December 11, 2024
| MENRX Fund | USD 10.11 0.03 0.30% |
Below is the normalized historical share price chart for Madison Ered Call extending back to July 31, 2012. 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 Madison Ered stands at 10.11, as last reported on the 15th of December 2024, with the highest price reaching 10.11 and the lowest price hitting 10.11 during the day.
If you're considering investing in Madison Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Madison Mutual Fund to be very steady. Madison Ered Call has Sharpe Ratio of 0.0062, which conveys that the entity had a 0.0062% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Madison Ered, which you can use to evaluate the volatility of the fund. Please verify Madison Ered's Downside Deviation of 0.3724, mean deviation of 0.2819, and Risk Adjusted Performance of 0.0219 to check out if the risk estimate we provide is consistent with the expected return of 0.0021%.
Madison Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Madison |
Sharpe Ratio = 0.0062
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| Negative Returns | MENRX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Madison Ered is not performing at its full potential. However, 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 Madison Ered by adding Madison Ered to a well-diversified portfolio.
Madison Ered Valuation on December 11, 2024
It is possible to determine the worth of Madison Ered on a given historical date. On December 11, 2024 Madison was worth 10.18 at the beginning of the trading date compared to the closed value of 10.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Madison Ered mutual fund. Still, in general, we apply an absolute valuation method to find Madison Ered'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 Madison Ered where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Madison Ered's related companies.
| Open | High | Low | Close | Volume | |
| 10.19 | 10.19 | 10.19 | 10.19 | 1.00 | |
12/11/2024 | 10.18 | 10.18 | 10.18 | 10.18 | 1.00 |
| 10.14 | 10.14 | 10.14 | 10.14 | 1.00 |
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Madison Ered Trading Date Momentum on December 11, 2024
| On December 12 2024 Madison Ered Call was traded for 10.14 at the closing time. The highest daily price throughout the period was 10.14 and the lowest price was 10.14 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 0.69% . |
Madison Ered Call Fundamentals Correlations and Trends
By evaluating Madison Ered'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 Madison Ered's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Madison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Madison Ered Mutual Fund history
Madison Ered 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 Madison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Madison Ered Call 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 Madison Ered stock prices may prove useful in developing a viable investing in Madison Ered
The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the funds investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80 percent of its net assets in common stocks, with at least 65 percent of this amount invested in common stocks of large capitalization issuers that meet the funds selection criteria.
Madison Ered Mutual Fund Technical Analysis
Madison Ered 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
Madison Ered Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Madison Ered Call 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.
Madison Ered December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Madison Ered 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 Madison Ered shares will generate the highest return on investment. By undertsting and applying Madison Ered mutual fund market strength indicators, traders can identify Madison Ered Call entry and exit signals to maximize returns
Madison Ered Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Madison Ered's price direction in advance. Along with the technical and fundamental analysis of Madison Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Madison 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 | 0.0219 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.0245 |
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| Volume Indicators |
Other Information on Investing in Madison Mutual Fund
Madison Ered financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Ered security.
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