Mesirow Financial High Fund Price on July 26, 2024
MFHIX Fund | USD 8.57 0.05 0.58% |
Below is the normalized historical share price chart for Mesirow Financial High extending back to December 03, 2018. 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 Mesirow Financial stands at 8.57, as last reported on the 1st of December, with the highest price reaching 8.57 and the lowest price hitting 8.57 during the day.
If you're considering investing in Mesirow Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mesirow Mutual Fund to be very steady. Mesirow Financial High 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-seven technical indicators for Mesirow Financial, which you can use to evaluate the volatility of the fund. Please verify Mesirow Financial's Risk Adjusted Performance of 0.0828, mean deviation of 0.1022, and Coefficient Of Variation of 631.85 to check out if the risk estimate we provide is consistent with the expected return of 0.0259%.
Mesirow Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mesirow |
Sharpe Ratio = 0.1607
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Estimated Market Risk
0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Mesirow Financial 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 Mesirow Financial by adding it to a well-diversified portfolio.
Mesirow Financial Valuation on July 26, 2024
It is possible to determine the worth of Mesirow Financial on a given historical date. On July 26, 2024 Mesirow was worth 8.35 at the beginning of the trading date compared to the closed value of 8.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mesirow Financial mutual fund. Still, in general, we apply an absolute valuation method to find Mesirow Financial'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 Mesirow Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mesirow Financial's related companies.
Open | High | Low | Close | Volume | |
8.35 | 8.35 | 8.35 | 8.35 | 1.00 | |
07/26/2024 | 8.35 | 8.35 | 8.35 | 8.35 | 1.00 |
8.36 | 8.36 | 8.36 | 8.36 | 1.00 |
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Mesirow Financial Trading Date Momentum on July 26, 2024
On July 29 2024 Mesirow Financial High was traded for 8.36 at the closing time. The highest daily price throughout the period was 8.36 and the lowest price was 8.36 . There was no trading activity during the period 1.0. Lack of trading volume on 07/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.12% . The trading delta at closing time to current closing price is 0.72% . |
Mesirow Financial High Fundamentals Correlations and Trends
By evaluating Mesirow Financial'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 Mesirow Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mesirow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mesirow Financial Mutual Fund history
Mesirow Financial 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 Mesirow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mesirow Financial High 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 Mesirow Financial stock prices may prove useful in developing a viable investing in Mesirow Financial
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in high yield instruments and other financial instruments with economic characteristics similar to such instruments, such as derivatives and exchange-traded funds . The fund may invest the remainder of its assets in investment grade instruments including securities issued or guaranteed by the U.S. government and its agencies or instrumentalities, municipal bonds, corporate bonds, and etc.
Mesirow Financial Mutual Fund Technical Analysis
Mesirow Financial 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
Mesirow Financial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Mesirow Financial High 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.
Mesirow Financial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mesirow Financial 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 Mesirow Financial shares will generate the highest return on investment. By undertsting and applying Mesirow Financial mutual fund market strength indicators, traders can identify Mesirow Financial High entry and exit signals to maximize returns
Mesirow Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mesirow Financial's price direction in advance. Along with the technical and fundamental analysis of Mesirow Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mesirow 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 | 0.0828 | |||
Jensen Alpha | 0.0046 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.44) | |||
Treynor Ratio | 0.1842 |
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Volume Indicators |
Other Information on Investing in Mesirow Mutual Fund
Mesirow Financial financial ratios help investors to determine whether Mesirow 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 Mesirow with respect to the benefits of owning Mesirow Financial security.
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