Smallcap Sp 600 Fund Price on October 3, 2024
| PSSIX Fund | USD 30.51 0.07 0.23% |
Below is the normalized historical share price chart for Smallcap Sp 600 extending back to March 25, 2004. 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 Smallcap stands at 30.51, as last reported on the 1st of December, with the highest price reaching 30.51 and the lowest price hitting 30.51 during the day.
If you're considering investing in Smallcap Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Smallcap Mutual Fund to be very steady. Smallcap Sp 600 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Smallcap Sp 600, which you can use to evaluate the volatility of the fund. Please validate Smallcap's Coefficient Of Variation of 844.88, risk adjusted performance of 0.0946, and Semi Deviation of 0.8584 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Smallcap Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Smallcap |
Sharpe Ratio = 0.1489
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Smallcap is performing at about 11% 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 Smallcap by adding it to a well-diversified portfolio.
Smallcap Valuation on October 3, 2024
It is possible to determine the worth of Smallcap on a given historical date. On October 3, 2024 Smallcap was worth 27.53 at the beginning of the trading date compared to the closed value of 27.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smallcap mutual fund. Still, in general, we apply an absolute valuation method to find Smallcap'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 Smallcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smallcap's related companies.
| Open | High | Low | Close | Volume | |
| 27.74 | 27.74 | 27.74 | 27.74 | 1.00 | |
10/03/2024 | 27.53 | 27.53 | 27.53 | 27.53 | 1.00 |
| 27.96 | 27.96 | 27.96 | 27.96 | 1.00 |
| Backtest Smallcap | | | Smallcap History | | | Smallcap Valuation | Previous | Next |
Smallcap Trading Date Momentum on October 3, 2024
| On October 04 2024 Smallcap Sp 600 was traded for 27.96 at the closing time. The highest daily price throughout the period was 27.96 and the lowest price was 27.96 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.56% . The trading price change to current closing price is 2.58% . |
Smallcap Sp 600 Fundamentals Correlations and Trends
By evaluating Smallcap'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 Smallcap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smallcap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smallcap Mutual Fund history
Smallcap 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 Smallcap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smallcap Sp 600 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 Smallcap stock prices may prove useful in developing a viable investing in Smallcap
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the Standard Poors SmallCap 600 Index at the time of purchase. The index is designed to represent U.S. equities with riskreturn characteristics of the small cap universe. The fund uses derivative strategies and invests in exchange-traded funds .
Smallcap Mutual Fund Technical Analysis
Smallcap 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
Smallcap Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Smallcap Sp 600 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.
Smallcap December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Smallcap 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 Smallcap shares will generate the highest return on investment. By undertsting and applying Smallcap mutual fund market strength indicators, traders can identify Smallcap Sp 600 entry and exit signals to maximize returns
Smallcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smallcap's price direction in advance. Along with the technical and fundamental analysis of Smallcap Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smallcap 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 | 0.0946 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0143 | |||
| Treynor Ratio | 0.097 |
| 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 Smallcap Mutual Fund
Smallcap financial ratios help investors to determine whether Smallcap 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 Smallcap with respect to the benefits of owning Smallcap security.
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