Mirova Global Green Fund Price on September 10, 2024
| MGGNX Fund | USD 8.80 0.02 0.23% |
Below is the normalized historical share price chart for Mirova Global Green extending back to February 28, 2017. 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 Mirova Global stands at 8.80, as last reported on the 26th of November, with the highest price reaching 8.80 and the lowest price hitting 8.80 during the day.
If you're considering investing in Mirova Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mirova Mutual Fund to be very steady. Mirova Global Green has Sharpe Ratio of 0.0535, which conveys that the entity had a 0.0535% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mirova Global, which you can use to evaluate the volatility of the fund. Please verify Mirova Global's Mean Deviation of 0.1901, downside deviation of 0.273, and Risk Adjusted Performance of 0.0176 to check out if the risk estimate we provide is consistent with the expected return of 0.013%.
Mirova Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mirova |
Sharpe Ratio = 0.0535
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| Negative Returns | MGGNX |
Estimated Market Risk
| 0.24 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 | 4 96% of assets perform better |
Based on monthly moving average Mirova Global is performing at about 4% 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 Mirova Global by adding it to a well-diversified portfolio.
Mirova Global Valuation on September 10, 2024
It is possible to determine the worth of Mirova Global on a given historical date. On September 10, 2024 Mirova was worth 8.81 at the beginning of the trading date compared to the closed value of 8.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mirova Global mutual fund. Still, in general, we apply an absolute valuation method to find Mirova Global'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 Mirova Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mirova Global's related companies.
| Open | High | Low | Close | Volume | |
| 8.79 | 8.79 | 8.79 | 8.79 | 1.00 | |
09/10/2024 | 8.81 | 8.81 | 8.81 | 8.81 | 1.00 |
| 8.83 | 8.83 | 8.83 | 8.83 | 1.00 |
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Mirova Global Trading Date Momentum on September 10, 2024
| On September 11 2024 Mirova Global Green was traded for 8.83 at the closing time. The highest daily price throughout the period was 8.83 and the lowest price was 8.83 . There was no trading activity during the period 1.0. Lack of trading volume on 09/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.23% . The trading delta at closing time to current closing price is 0.11% . |
Mirova Global Green Fundamentals Correlations and Trends
By evaluating Mirova Global'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 Mirova Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mirova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mirova Global Mutual Fund history
Mirova Global 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 Mirova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mirova Global Green 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 Mirova Global stock prices may prove useful in developing a viable investing in Mirova Global
The fund will normally invest at least 80 percent of its net assets in green bonds. Green bonds are bonds and notes all of the proceeds of which are used to finance projects which the Adviser believes will have a positive environmental impact. The fund normally will invest at least 40 percent of its assets in securities of issuers located outside the U.S. and the fund may invest up to 20 percent of its assets in securities of issuers located in emerging markets.
Mirova Global Mutual Fund Technical Analysis
Mirova Global 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
Mirova Global Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Mirova Global Green 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.
Mirova Global November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mirova Global 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 Mirova Global shares will generate the highest return on investment. By undertsting and applying Mirova Global mutual fund market strength indicators, traders can identify Mirova Global Green entry and exit signals to maximize returns
Mirova Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mirova Global's price direction in advance. Along with the technical and fundamental analysis of Mirova Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mirova 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 | 0.0176 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.129 |
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Other Information on Investing in Mirova Mutual Fund
Mirova Global financial ratios help investors to determine whether Mirova 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 Mirova with respect to the benefits of owning Mirova Global security.
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