Midas Fund Midas Fund Price on April 12, 2023
| MIDSX Fund | USD 1.31 0.02 1.55% |
Below is the normalized historical share price chart for Midas Fund Midas extending back to May 24, 1989. 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 Midas Fund stands at 1.31, as last reported on the 4th of December, with the highest price reaching 1.31 and the lowest price hitting 1.31 during the day.
If you're considering investing in Midas Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Midas Mutual Fund to be very risky. Midas Fund Midas has Sharpe Ratio of 0.0596, which conveys that the entity had a 0.0596% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Midas Fund, which you can use to evaluate the volatility of the fund. Please verify Midas Fund's Risk Adjusted Performance of 0.0227, downside deviation of 2.54, and Mean Deviation of 1.59 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Midas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Midas |
Sharpe Ratio = 0.0596
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | MIDSX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Midas Fund 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 Midas Fund by adding it to a well-diversified portfolio.
Midas Fund Valuation on April 12, 2023
It is possible to determine the worth of Midas Fund on a given historical date. On April 12, 2023 Midas was worth 1.31 at the beginning of the trading date compared to the closed value of 1.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Midas Fund mutual fund. Still, in general, we apply an absolute valuation method to find Midas 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 Midas Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Midas Fund's related companies.
| Open | High | Low | Close | Volume | |
| 1.30 | 1.30 | 1.30 | 1.30 | 1.00 | |
04/12/2023 | 1.31 | 1.31 | 1.31 | 1.31 | 1.00 |
| 1.34 | 1.34 | 1.34 | 1.34 | 1.00 |
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Midas Fund Trading Date Momentum on April 12, 2023
| On April 13 2023 Midas Fund Midas was traded for 1.34 at the closing time. The highest daily price throughout the period was 1.34 and the lowest price was 1.34 . There was no trading activity during the period 1.0. Lack of trading volume on 04/13/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.29% . The trading delta at closing time to current closing price is 3.05% . |
Midas Fund Midas Fundamentals Correlations and Trends
By evaluating Midas 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 Midas Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Midas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Midas Fund Mutual Fund history
Midas 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 Midas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Midas Fund Midas 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 Midas Fund stock prices may prove useful in developing a viable investing in Midas Fund
In pursuit of its investment objectives, the fund invests at least 65 percent of its total assets in securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources and gold, silver, and platinum bullion and coins. The fund is non-diversified.
Midas Fund Mutual Fund Technical Analysis
Midas 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
Midas Fund Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Midas Fund Midas 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.
Midas Fund December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Midas 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 Midas Fund shares will generate the highest return on investment. By undertsting and applying Midas Fund mutual fund market strength indicators, traders can identify Midas Fund Midas entry and exit signals to maximize returns
Midas Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Midas Fund's price direction in advance. Along with the technical and fundamental analysis of Midas Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Midas 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 | 0.0227 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 3.3 |
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| Volume Indicators |
Other Information on Investing in Midas Mutual Fund
Midas Fund financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Fund security.
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