Maine Municipal Fund Price on December 2, 2024
| MEIMX Fund | USD 9.61 0.01 0.10% |
If you're considering investing in Maine Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Maine Municipal stands at 9.61, as last reported on the 11th of December 2024, with the highest price reaching 9.61 and the lowest price hitting 9.61 during the day. At this stage we consider Maine Mutual Fund to be very steady. Maine Municipal has Sharpe Ratio of 0.0498, which conveys that the entity had a 0.0498% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Maine Municipal, which you can use to evaluate the volatility of the fund. Please verify Maine Municipal's Risk Adjusted Performance of 0.0191, mean deviation of 0.1573, and Downside Deviation of 0.4919 to check out if the risk estimate we provide is consistent with the expected return of 0.0136%.
Maine Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maine |
Sharpe Ratio = 0.0498
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEIMX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Maine Municipal is performing at about 3% 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 Maine Municipal by adding it to a well-diversified portfolio.
Maine Municipal Valuation on December 2, 2024
It is possible to determine the worth of Maine Municipal on a given historical date. On December 2, 2024 Maine was worth 9.61 at the beginning of the trading date compared to the closed value of 9.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maine Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Maine Municipal'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 Maine Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maine Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 9.60 | 9.60 | 9.60 | 9.60 | 1.00 | |
12/02/2024 | 9.61 | 9.61 | 9.61 | 9.61 | 1.00 |
| 9.63 | 9.63 | 9.63 | 9.63 | 1.00 |
| Backtest Maine Municipal | | | Maine Municipal History | | | Maine Municipal Valuation | Previous | Next |
Maine Municipal Trading Date Momentum on December 2, 2024
| On December 03 2024 Maine Municipal Fund was traded for 9.63 at the closing time. The highest daily price throughout the period was 9.63 and the lowest price was 9.63 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.21% . The trading delta at closing time to current closing price is 0.00% . |
Maine Municipal Fundamentals Correlations and Trends
By evaluating Maine Municipal'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 Maine Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maine Municipal Mutual Fund history
Maine Municipal 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 Maine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maine Municipal 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 Maine Municipal stock prices may prove useful in developing a viable investing in Maine Municipal
The fund normally invests at least 80 percent of its net assets in municipal securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and Maine personal income taxes. Maine Municipal is traded on NASDAQ Exchange in the United States.
Maine Municipal Mutual Fund Technical Analysis
Maine Municipal 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
Maine Municipal Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Maine Municipal Fund 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.
Maine Municipal December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Maine Municipal 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 Maine Municipal shares will generate the highest return on investment. By undertsting and applying Maine Municipal mutual fund market strength indicators, traders can identify Maine Municipal Fund entry and exit signals to maximize returns
Maine Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maine Municipal's price direction in advance. Along with the technical and fundamental analysis of Maine Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maine 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 | 0.0191 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.04) |
| 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 Maine Mutual Fund
Maine Municipal financial ratios help investors to determine whether Maine 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 Maine with respect to the benefits of owning Maine Municipal security.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |