Meridian Small Cap Fund Price on November 15, 2024
| MSGRX Fund | USD 14.43 0.02 0.14% |
Below is the normalized historical share price chart for Meridian Small Cap extending back to December 26, 2014. 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 Meridian Small stands at 14.43, as last reported on the 30th of November, with the highest price reaching 14.43 and the lowest price hitting 14.43 during the day.
If you're considering investing in Meridian Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Meridian Mutual Fund to be very steady. Meridian Small Cap 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-eight technical indicators for Meridian Small, which you can use to evaluate the volatility of the fund. Please verify Meridian Small's Risk Adjusted Performance of 0.0926, mean deviation of 0.7533, and Downside Deviation of 0.969 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Meridian Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Meridian |
Sharpe Ratio = 0.1611
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MSGRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Meridian Small 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 Meridian Small by adding it to a well-diversified portfolio.
Meridian Small Valuation on November 15, 2024
It is possible to determine the worth of Meridian Small on a given historical date. On November 15, 2024 Meridian was worth 13.8 at the beginning of the trading date compared to the closed value of 13.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meridian Small mutual fund. Still, in general, we apply an absolute valuation method to find Meridian Small'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 Meridian Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meridian Small's related companies.
| Open | High | Low | Close | Volume | |
| 13.99 | 13.99 | 13.99 | 13.99 | 1.00 | |
11/15/2024 | 13.80 | 13.80 | 13.80 | 13.80 | 1.00 |
| 13.82 | 13.82 | 13.82 | 13.82 | 1.00 |
| Backtest Meridian Small | | | Meridian Small History | | | Meridian Small Valuation | Previous | Next |
Meridian Small Trading Date Momentum on November 15, 2024
| On November 18 2024 Meridian Small Cap was traded for 13.82 at the closing time. The highest daily price throughout the period was 13.82 and the lowest price was 13.82 . There was no trading activity during the period 1.0. Lack of trading volume on 11/18/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.14% . The trading delta at closing time to current closing price is 4.64% . |
Meridian Small Cap Fundamentals Correlations and Trends
By evaluating Meridian Small'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 Meridian Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meridian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meridian Small Mutual Fund history
Meridian Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Meridian Small
The fund seeks long-term growth of capital by investing, under normal circumstances, at least 80 percent of its net assets, including the amount of any borrowings for investment purposes, in equity securities of U.S. small capitalization companies. It may also invest up to 20 percent of its net assets in securities of companies of any market capitalization.
Meridian Small Mutual Fund Technical Analysis
Meridian Small 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 Small Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Meridian Small Cap 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 Small November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Meridian Small 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 Small shares will generate the highest return on investment. By undertsting and applying Meridian Small mutual fund market strength indicators, traders can identify Meridian Small Cap entry and exit signals to maximize returns
Meridian Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meridian Small'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 | 0.0926 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0999 |
| 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 Small 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 Small security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |