Madison Dividend Income Fund Price on October 31, 2024
| BHBFX Fund | USD 30.22 0.23 0.77% |
Below is the normalized historical share price chart for Madison Dividend Income extending back to March 09, 1994. 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 Dividend stands at 30.22, as last reported on the 24th of November, with the highest price reaching 30.22 and the lowest price hitting 30.22 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 Dividend Income has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Madison Dividend, which you can use to evaluate the volatility of the fund. Please verify Madison Dividend's Mean Deviation of 0.4826, downside deviation of 0.5618, and Risk Adjusted Performance of 0.1485 to check out if the risk estimate we provide is consistent with the expected return of 0.0985%.
Madison Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Madison |
Sharpe Ratio = 0.1608
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Madison Dividend is performing at about 12% 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 Madison Dividend by adding it to a well-diversified portfolio.
Madison Dividend Valuation on October 31, 2024
It is possible to determine the worth of Madison Dividend on a given historical date. On October 31, 2024 Madison was worth 29.12 at the beginning of the trading date compared to the closed value of 29.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Madison Dividend mutual fund. Still, in general, we apply an absolute valuation method to find Madison Dividend'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 Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Madison Dividend's related companies.
| Open | High | Low | Close | Volume | |
| 29.16 | 29.16 | 29.16 | 29.16 | 1.00 | |
10/31/2024 | 29.12 | 29.12 | 29.12 | 29.12 | 1.00 |
| 29.15 | 29.15 | 29.15 | 29.15 | 1.00 |
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Madison Dividend Trading Date Momentum on October 31, 2024
| On November 01 2024 Madison Dividend Income was traded for 29.15 at the closing time. The highest daily price throughout the period was 29.15 and the lowest price was 29.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 3.26% . |
Madison Dividend Income Fundamentals Correlations and Trends
By evaluating Madison Dividend'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 Dividend'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 Dividend Mutual Fund history
Madison Dividend 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 Dividend Income 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 Dividend stock prices may prove useful in developing a viable investing in Madison Dividend
The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over 1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, at least 80 percent of the funds net assets will be invested in dividend paying equity securities.
Madison Dividend Mutual Fund Technical Analysis
Madison Dividend 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 Dividend Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Madison 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.
Madison Dividend November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Madison Dividend 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 Dividend shares will generate the highest return on investment. By undertsting and applying Madison Dividend mutual fund market strength indicators, traders can identify Madison Dividend Income entry and exit signals to maximize returns
Madison Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Madison Dividend'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 | 0.1485 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | 0.0145 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1618 |
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Other Information on Investing in Madison Mutual Fund
Madison Dividend 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 Dividend security.
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