Pzena Mid Cap Fund Price on December 6, 2024
| PZIMX Fund | USD 15.00 0.09 0.60% |
Below is the normalized historical share price chart for Pzena Mid Cap extending back to March 31, 2014. 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 Pzena Mid stands at 15.00, as last reported on the 14th of December 2024, with the highest price reaching 15.00 and the lowest price hitting 15.00 during the day.
If you're considering investing in Pzena Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pzena Mutual Fund to be very steady. Pzena Mid Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0197, which implies the entity had a 0.0197% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pzena Mid Cap, which you can use to evaluate the volatility of the fund. Please check Pzena Mid's Semi Deviation of 0.7504, risk adjusted performance of 0.0433, and Coefficient Of Variation of 1783.6 to confirm if the risk estimate we provide is consistent with the expected return of 0.0193%.
Pzena Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pzena |
Sharpe Ratio = 0.0197
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Pzena Mid is performing at about 1% 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 Pzena Mid by adding it to a well-diversified portfolio.
Pzena Mid Valuation on December 6, 2024
It is possible to determine the worth of Pzena Mid on a given historical date. On December 6, 2024 Pzena was worth 15.24 at the beginning of the trading date compared to the closed value of 15.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pzena Mid mutual fund. Still, in general, we apply an absolute valuation method to find Pzena Mid'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 Pzena Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pzena Mid's related companies.
| Open | High | Low | Close | Volume | |
| 15.28 | 15.28 | 15.28 | 15.28 | 1.00 | |
12/06/2024 | 15.24 | 15.24 | 15.24 | 15.24 | 1.00 |
| 15.26 | 15.26 | 15.26 | 15.26 | 1.00 |
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Pzena Mid Trading Date Momentum on December 6, 2024
| On December 09 2024 Pzena Mid Cap was traded for 15.26 at the closing time. The highest daily price throughout the period was 15.26 and the lowest price was 15.26 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading delta at closing time to current closing price is 1.57% . |
Pzena Mid Cap Fundamentals Correlations and Trends
By evaluating Pzena Mid'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 Pzena Mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pzena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pzena Mid Mutual Fund history
Pzena Mid 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 Pzena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pzena Mid Cap 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 Pzena Mid stock prices may prove useful in developing a viable investing in Pzena Mid
The fund invests at least 80 percent of its net assets in stocks of mid-cap companies. It seeks to invest in mid cap company stocks that, in the opinion of the Adviser, sell at a substantial discount to their intrinsic value but have solid long-term prospects. Though the fund primarily invests in U.S. listed companies, it may also invest up to 20 percent of its net assets in shares of foreign companies, through American Depositary Receipts or dollar-denominated foreign securities. The fund may also invest in real estate investment trusts .
Pzena Mid Mutual Fund Technical Analysis
Pzena Mid 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
Pzena Mid Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Pzena Mid Cap 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.
Pzena Mid December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Pzena Mid 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 Pzena Mid shares will generate the highest return on investment. By undertsting and applying Pzena Mid mutual fund market strength indicators, traders can identify Pzena Mid Cap entry and exit signals to maximize returns
Pzena Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pzena Mid's price direction in advance. Along with the technical and fundamental analysis of Pzena Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pzena 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 | 0.0433 | |||
| Jensen Alpha | 0.052 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.59) |
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Other Information on Investing in Pzena Mutual Fund
Pzena Mid financial ratios help investors to determine whether Pzena 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 Pzena with respect to the benefits of owning Pzena Mid security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
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| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |