Small Midcap Dividend Income Fund Price on November 10, 2023
| PMDIX Fund | USD 18.64 0.20 1.08% |
Below is the normalized historical share price chart for Small Midcap Dividend Income extending back to June 07, 2011. 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 Small Midcap stands at 18.64, as last reported on the 23rd of December, with the highest price reaching 18.64 and the lowest price hitting 18.64 during the day.
If you're considering investing in Small Mutual Fund, it is important to understand the factors that can impact its price. Small Midcap Dividend owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0508, which indicates the fund had a -0.0508% return per unit of risk over the last 3 months. Small Midcap Dividend Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Small Midcap's Risk Adjusted Performance of (0.04), variance of 1.21, and Coefficient Of Variation of (1,784) to confirm the risk estimate we provide.
Small Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Small |
Sharpe Ratio = -0.0508
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| Negative Returns | PMDIX |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Small Midcap 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 Small Midcap by adding Small Midcap to a well-diversified portfolio.
Small Midcap Valuation on November 10, 2023
It is possible to determine the worth of Small Midcap on a given historical date. On November 10, 2023 Small was worth 15.09 at the beginning of the trading date compared to the closed value of 15.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Small Midcap mutual fund. Still, in general, we apply an absolute valuation method to find Small 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 Small Midcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Small Midcap's related companies.
| Open | High | Low | Close | Volume | |
| 14.94 | 14.94 | 14.94 | 14.94 | 1.00 | |
11/10/2023 | 15.09 | 15.09 | 15.09 | 15.09 | 1.00 |
| 15.05 | 15.05 | 15.05 | 15.05 | 1.00 |
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Small Midcap Trading Date Momentum on November 10, 2023
| On November 13 2023 Small Midcap Dividend Income was traded for 15.05 at the closing time. The highest daily price throughout the period was 15.05 and the lowest price was 15.05 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.27% . The trading price change to current closing price is 4.57% . |
Small Midcap Dividend Fundamentals Correlations and Trends
By evaluating Small Midcap'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 Small Midcap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Small financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Small Midcap Mutual Fund history
Small 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 Small is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Small Midcap Dividend 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 Small Midcap stock prices may prove useful in developing a viable investing in Small Midcap
The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities of companies with small-to-medium market capitalizations at the time of purchase. Its investments include the securities of foreign issuers and real estate investment trusts.
Small Midcap Mutual Fund Technical Analysis
Small 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
Small Midcap Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Small Midcap Dividend Income 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.
Small Midcap December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Small 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 Small Midcap shares will generate the highest return on investment. By undertsting and applying Small Midcap mutual fund market strength indicators, traders can identify Small Midcap Dividend Income entry and exit signals to maximize returns
Small Midcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Small Midcap's price direction in advance. Along with the technical and fundamental analysis of Small Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Small 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 | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.06) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Small Mutual Fund
Small Midcap financial ratios help investors to determine whether Small 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 Small with respect to the benefits of owning Small Midcap security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |