Mutual Of America Fund Price on November 6, 2024
| MACAX Fund | USD 11.85 0.02 0.17% |
Below is the normalized historical share price chart for Mutual Of America extending back to January 02, 2019. 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 Mutual Of stands at 11.85, as last reported on the 24th of November, with the highest price reaching 11.85 and the lowest price hitting 11.85 during the day.
If you're considering investing in Mutual Mutual Fund, it is important to understand the factors that can impact its price. Mutual Of America has Sharpe Ratio of -0.0195, which conveys that the entity had a -0.0195% return per unit of risk over the last 3 months. Mutual Of exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mutual Of's Risk Adjusted Performance of (0.01), mean deviation of 0.2628, and Downside Deviation of 0.4741 to check out the risk estimate we provide.
Mutual Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mutual |
Sharpe Ratio = -0.0195
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MACAX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mutual Of 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 Mutual Of by adding Mutual Of to a well-diversified portfolio.
Mutual Of Valuation on November 6, 2024
It is possible to determine the worth of Mutual Of on a given historical date. On November 6, 2024 Mutual was worth 11.81 at the beginning of the trading date compared to the closed value of 11.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mutual Of mutual fund. Still, in general, we apply an absolute valuation method to find Mutual Of'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 Mutual Of where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mutual Of's related companies.
| Open | High | Low | Close | Volume | |
| 11.75 | 11.75 | 11.75 | 11.75 | 1.00 | |
11/06/2024 | 11.81 | 11.81 | 11.81 | 11.81 | 1.00 |
| 11.88 | 11.88 | 11.88 | 11.88 | 1.00 |
| Backtest Mutual Of | | | Mutual Of History | | | Mutual Of Valuation | Previous | Next |
Mutual Of Trading Date Momentum on November 6, 2024
| On November 07 2024 Mutual Of America was traded for 11.88 at the closing time. The highest daily price throughout the period was 11.88 and the lowest price was 11.88 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.59% . The trading delta at closing time to current closing price is 0.17% . |
Mutual Of America Fundamentals Correlations and Trends
By evaluating Mutual Of'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 Mutual Of's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mutual financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mutual Of Mutual Fund history
Mutual Of 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 Mutual is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mutual Of America 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 Mutual Of stock prices may prove useful in developing a viable investing in Mutual Of
The fund invests the majority of its assets in shares of fixed income shares of other funds of the Investment Company and also invests in equity IC Funds. The funds target allocation currently is approximately 60 percent to 70 percent of net assets in fixed income IC funds and approximately 30 percent to 40 percent of net assets in equity IC funds.
Mutual Of Mutual Fund Technical Analysis
Mutual Of 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
Mutual Of Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Mutual Of America 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.
Mutual Of November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Mutual Of 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 Mutual Of shares will generate the highest return on investment. By undertsting and applying Mutual Of mutual fund market strength indicators, traders can identify Mutual Of America entry and exit signals to maximize returns
Mutual Of Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mutual Of's price direction in advance. Along with the technical and fundamental analysis of Mutual Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mutual 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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | (0.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mutual Mutual Fund
Mutual Of financial ratios help investors to determine whether Mutual 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 Mutual with respect to the benefits of owning Mutual Of security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |