Turner Emerging Growth Fund Price on October 16, 2024
TMCGX Fund | USD 15.85 0.14 0.89% |
Below is the normalized historical share price chart for Turner Emerging Growth extending back to February 28, 2020. 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 Turner Emerging stands at 15.85, as last reported on the 12th of December 2024, with the highest price reaching 15.85 and the lowest price hitting 15.85 during the day.
If you're considering investing in Turner Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Turner Mutual Fund to be very steady. Turner Emerging Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Turner Emerging Growth, which you can use to evaluate the volatility of the fund. Please validate Turner Emerging's Coefficient Of Variation of 476.93, risk adjusted performance of 0.1535, and Semi Deviation of 0.5899 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Turner Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Turner |
Sharpe Ratio = 0.1725
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Estimated Market Risk
0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Turner Emerging is performing at about 13% 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 Turner Emerging by adding it to a well-diversified portfolio.
Turner Emerging Valuation on October 16, 2024
It is possible to determine the worth of Turner Emerging on a given historical date. On October 16, 2024 Turner was worth 15.17 at the beginning of the trading date compared to the closed value of 15.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turner Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Turner Emerging'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 Turner Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turner Emerging's related companies.
Open | High | Low | Close | Volume | |
15.08 | 15.08 | 15.08 | 15.08 | 1.00 | |
10/16/2024 | 15.17 | 15.17 | 15.17 | 15.17 | 1.00 |
15.18 | 15.18 | 15.18 | 15.18 | 1.00 |
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Turner Emerging Trading Date Momentum on October 16, 2024
On October 17 2024 Turner Emerging Growth was traded for 15.18 at the closing time. The highest daily price throughout the period was 15.18 and the lowest price was 15.18 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.07% . The trading price change to current closing price is 0.86% . |
Turner Emerging Growth Fundamentals Correlations and Trends
By evaluating Turner Emerging'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 Turner Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turner financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turner Emerging Mutual Fund history
Turner Emerging 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 Turner is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turner Emerging Growth 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 Turner Emerging stock prices may prove useful in developing a viable investing in Turner Emerging
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-sized companies. The Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or reposition assets to more promising opportunities.
Turner Emerging Mutual Fund Technical Analysis
Turner Emerging 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
Turner Emerging Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Turner Emerging Growth 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.
Turner Emerging December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Turner Emerging 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 Turner Emerging shares will generate the highest return on investment. By undertsting and applying Turner Emerging mutual fund market strength indicators, traders can identify Turner Emerging Growth entry and exit signals to maximize returns
Turner Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turner Emerging's price direction in advance. Along with the technical and fundamental analysis of Turner Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turner 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 | 0.1535 | |||
Jensen Alpha | 0.0575 | |||
Total Risk Alpha | 0.0367 | |||
Sortino Ratio | 0.0762 | |||
Treynor Ratio | 0.1677 |
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Other Information on Investing in Turner Mutual Fund
Turner Emerging financial ratios help investors to determine whether Turner 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 Turner with respect to the benefits of owning Turner Emerging security.
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