Meridian Growth Fund Price on December 31, 9024
MRIGX Fund | USD 35.85 0.25 0.69% |
If you're considering investing in Meridian Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Meridian Growth stands at 35.85, as last reported on the 26th of February, with the highest price reaching 35.85 and the lowest price hitting 35.85 during the day. Meridian Growth has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11 % return per unit of risk over the last 3 months. Meridian Growth exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meridian Growth's Risk Adjusted Performance of (0.08), standard deviation of 0.8913, and Mean Deviation of 0.6724 to check out the risk estimate we provide.
Meridian Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Meridian |
Sharpe Ratio = -0.1102
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MRIGX |
Estimated Market Risk
0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meridian Growth is not performing at its full potential. However, 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 Growth by adding Meridian Growth to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Meridian Growth Mutual Fund history
Meridian Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in Meridian Growth
Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. Meridian Growth is traded on NASDAQ Exchange in the United States.
Meridian Growth Mutual Fund Technical Analysis
Meridian Growth 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 Growth Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Meridian Growth 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 Growth February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Meridian Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Meridian Growth mutual fund market strength indicators, traders can identify Meridian Growth Fund entry and exit signals to maximize returns
Meridian Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meridian Growth'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 | (0.08) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.19) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Meridian Mutual Fund
Meridian Growth 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 Growth security.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |