Mmnjx Fund Price on December 3, 2024
| MMNJX Fund | 17.61 0.17 0.97% |
If you're considering investing in Mmnjx Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mmnjx stands at 17.61, as last reported on the 11th of December 2024, with the highest price reaching 17.61 and the lowest price hitting 17.61 during the day. At this stage we consider Mmnjx Mutual Fund to be very steady. Mmnjx has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mmnjx, which you can use to evaluate the volatility of the fund. Please verify Mmnjx's Mean Deviation of 0.8208, risk adjusted performance of 0.1322, and Downside Deviation of 0.9197 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
Mmnjx Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mmnjx |
Sharpe Ratio = 0.1548
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Mmnjx 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 Mmnjx by adding it to a well-diversified portfolio.
Mmnjx Valuation on December 3, 2024
It is possible to determine the worth of Mmnjx on a given historical date. On December 3, 2024 Mmnjx was worth 17.83 at the beginning of the trading date compared to the closed value of 17.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mmnjx mutual fund. Still, in general, we apply an absolute valuation method to find Mmnjx'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 Mmnjx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mmnjx's related companies.
| Open | High | Low | Close | Volume | |
| 17.83 | 17.83 | 17.83 | 17.83 | 1.00 | |
12/03/2024 | 17.83 | 17.83 | 17.83 | 17.83 | 1.00 |
| 17.95 | 17.95 | 17.95 | 17.95 | 1.00 |
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Mmnjx Trading Date Momentum on December 3, 2024
| On December 04 2024 Mmnjx was traded for 17.95 at the closing time. The highest daily price throughout the period was 17.95 and the lowest price was 17.95 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.67% . The trading delta at closing time to current closing price is 1.23% . |
About Mmnjx Mutual Fund history
Mmnjx 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 Mmnjx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mmnjx 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 Mmnjx stock prices may prove useful in developing a viable investing in Mmnjx
The fund normally invests at least 80 percent of its net assets in the equity securities of companies whose market capitalizations at the time of purchase are within the market capitalization range of companies included in the Russell 2000 Index or the SP SmallCap 600 Index. While most assets typically will be invested in common stocks of U.S. companies, the fund also may invest up to 20 percent of its total assets in foreign securities, including emerging market securities.
Mmnjx Mutual Fund Technical Analysis
Mmnjx 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
Mmnjx Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mmnjx 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.
Mmnjx December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mmnjx 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 Mmnjx shares will generate the highest return on investment. By undertsting and applying Mmnjx mutual fund market strength indicators, traders can identify Mmnjx entry and exit signals to maximize returns
Mmnjx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mmnjx's price direction in advance. Along with the technical and fundamental analysis of Mmnjx Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mmnjx 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 | 0.1322 | |||
| Jensen Alpha | 0.1522 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | 0.0818 | |||
| Treynor Ratio | 0.5781 |
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| Volume Indicators |
Other Information on Investing in Mmnjx Mutual Fund
Mmnjx financial ratios help investors to determine whether Mmnjx 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 Mmnjx with respect to the benefits of owning Mmnjx security.
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