The Merger Fund Price on November 27, 2024
| MERIX Fund | USD 17.41 0.03 0.17% |
Below is the normalized historical share price chart for The Merger Fund extending back to August 01, 2013. 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 Merger Fund stands at 17.41, as last reported on the 11th of December 2024, with the highest price reaching 17.41 and the lowest price hitting 17.41 during the day.
If you're considering investing in Merger Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Merger Mutual Fund to be very steady. Merger Fund has Sharpe Ratio of 0.0643, which conveys that the entity had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Merger Fund, which you can use to evaluate the volatility of the fund. Please verify Merger Fund's Downside Deviation of 0.1883, risk adjusted performance of 0.0248, and Market Risk Adjusted Performance of 0.0463 to check out if the risk estimate we provide is consistent with the expected return of 0.01%.
Merger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Merger |
Sharpe Ratio = 0.0643
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Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Merger Fund is performing at about 5% 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 Merger Fund by adding it to a well-diversified portfolio.
Merger Fund Valuation on November 27, 2024
It is possible to determine the worth of Merger Fund on a given historical date. On November 27, 2024 Merger was worth 17.4 at the beginning of the trading date compared to the closed value of 17.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merger Fund mutual fund. Still, in general, we apply an absolute valuation method to find Merger Fund'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 Merger Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merger Fund's related companies.
| Open | High | Low | Close | Volume | |
| 17.37 | 17.37 | 17.37 | 17.37 | 1.00 | |
11/27/2024 | 17.40 | 17.40 | 17.40 | 17.40 | 1.00 |
| 17.40 | 17.40 | 17.40 | 17.40 | 1.00 |
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Merger Fund Trading Date Momentum on November 27, 2024
| On November 29 2024 The Merger Fund was traded for 17.40 at the closing time. The highest daily price throughout the period was 17.40 and the lowest price was 17.40 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.23% . |
Merger Fund Fundamentals Correlations and Trends
By evaluating Merger Fund'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 Merger Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Merger Fund Mutual Fund history
Merger Fund 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 Merger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merger Fund 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 Merger Fund stock prices may prove useful in developing a viable investing in Merger Fund
Under normal market conditions, the fund invests at least 80 percent of its total assets principally in the common stock, preferred stock and, occasionally, warrants of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of such transactions.
Merger Fund Mutual Fund Technical Analysis
Merger Fund 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
Merger Fund Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
The Merger 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.
Merger Fund December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Merger Fund 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 Merger Fund shares will generate the highest return on investment. By undertsting and applying Merger Fund mutual fund market strength indicators, traders can identify The Merger Fund entry and exit signals to maximize returns
Merger Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merger Fund's price direction in advance. Along with the technical and fundamental analysis of Merger Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merger 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 | 0.0248 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.59) | |||
| Treynor Ratio | 0.0363 |
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| Volume Indicators |
Other Information on Investing in Merger Mutual Fund
Merger Fund financial ratios help investors to determine whether Merger 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 Merger with respect to the benefits of owning Merger Fund security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
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