Meridian Trarian Fund Price on October 31, 2024
| MFCIX Fund | USD 42.20 0.13 0.31% |
Below is the normalized historical share price chart for Meridian Trarian Fund extending back to November 18, 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 Meridian Contrarian stands at 42.20, as last reported on the 30th of November, with the highest price reaching 42.20 and the lowest price hitting 42.20 during the day.
If you're considering investing in Meridian Mutual Fund, it is important to understand the factors that can impact its price. Meridian Contrarian appears to be very steady, given 3 months investment horizon. Meridian Contrarian has Sharpe Ratio of 0.22, which conveys that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Meridian Contrarian, which you can use to evaluate the volatility of the fund. Please exercise Meridian Contrarian's Risk Adjusted Performance of 0.133, downside deviation of 0.9773, and Mean Deviation of 0.7303 to check out if our risk estimates are consistent with your expectations.
Meridian Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Meridian |
Sharpe Ratio = 0.2194
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Meridian Contrarian is performing at about 17% 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 Meridian Contrarian by adding it to a well-diversified portfolio.
Meridian Contrarian Valuation on October 31, 2024
It is possible to determine the worth of Meridian Contrarian on a given historical date. On October 31, 2024 Meridian was worth 38.08 at the beginning of the trading date compared to the closed value of 38.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meridian Contrarian mutual fund. Still, in general, we apply an absolute valuation method to find Meridian Contrarian'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 Meridian Contrarian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meridian Contrarian's related companies.
| Open | High | Low | Close | Volume | |
| 38.68 | 38.68 | 38.68 | 38.68 | 1.00 | |
10/31/2024 | 38.08 | 38.08 | 38.08 | 38.08 | 1.00 |
| 38.21 | 38.21 | 38.21 | 38.21 | 1.00 |
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Meridian Contrarian Trading Date Momentum on October 31, 2024
| On November 01 2024 Meridian Trarian Fund was traded for 38.21 at the closing time. The highest daily price throughout the period was 38.21 and the lowest price was 38.21 . 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 trading delta at closing time to closing price of the next trading day was 0.34% . The trading delta at closing time to current closing price is 6.41% . |
Meridian Contrarian Fundamentals Correlations and Trends
By evaluating Meridian Contrarian'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 Meridian Contrarian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meridian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meridian Contrarian Mutual Fund history
Meridian Contrarian 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 Meridian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meridian Contrarian 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 Meridian Contrarian stock prices may prove useful in developing a viable investing in Meridian Contrarian
The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business long-term earnings power or asset value, or the stock market in general. The advisor intends to invest at least 65 percent of its total assets in common stocks and equity-related securities . It may invest up to 35 percent of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as junk bonds.
Meridian Contrarian Mutual Fund Technical Analysis
Meridian Contrarian 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
Meridian Contrarian Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Meridian Trarian 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.
Meridian Contrarian November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Meridian Contrarian 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 Meridian Contrarian shares will generate the highest return on investment. By undertsting and applying Meridian Contrarian mutual fund market strength indicators, traders can identify Meridian Trarian Fund entry and exit signals to maximize returns
Meridian Contrarian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meridian Contrarian's price direction in advance. Along with the technical and fundamental analysis of Meridian Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meridian 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 | 0.133 | |||
| Jensen Alpha | 0.0168 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0338 | |||
| Treynor Ratio | 0.1425 |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Meridian Mutual Fund
Meridian Contrarian financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Contrarian security.
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