Sp Smallcap Index Fund Price on October 15, 2024
| SMCIX Fund | USD 25.80 0.22 0.85% |
Below is the normalized historical share price chart for Sp Smallcap Index extending back to December 02, 1996. 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 Sp Smallcap stands at 25.80, as last reported on the 27th of November, with the highest price reaching 25.80 and the lowest price hitting 25.80 during the day.
If you're considering investing in SMCIX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider SMCIX Mutual Fund to be very steady. Sp Smallcap Index retains Efficiency (Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Sp Smallcap, which you can use to evaluate the volatility of the fund. Please validate Sp Smallcap's Downside Deviation of 1.03, mean deviation of 0.9194, and Risk Adjusted Performance of 0.083 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
SMCIX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
SMCIX |
Sharpe Ratio = 0.1085
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| Cash | SMCIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Sp Smallcap is performing at about 8% 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 Sp Smallcap by adding it to a well-diversified portfolio.
Sp Smallcap Valuation on October 15, 2024
It is possible to determine the worth of Sp Smallcap on a given historical date. On October 15, 2024 SMCIX was worth 23.94 at the beginning of the trading date compared to the closed value of 23.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sp Smallcap mutual fund. Still, in general, we apply an absolute valuation method to find Sp 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 Sp Smallcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sp Smallcap's related companies.
| Open | High | Low | Close | Volume | |
| 23.91 | 23.91 | 23.91 | 23.91 | 1.00 | |
10/15/2024 | 23.94 | 23.94 | 23.94 | 23.94 | 1.00 |
| 24.27 | 24.27 | 24.27 | 24.27 | 1.00 |
| Backtest Sp Smallcap | | | Sp Smallcap History | | | Sp Smallcap Valuation | Previous | Next |
Sp Smallcap Trading Date Momentum on October 15, 2024
| On October 16 2024 Sp Smallcap Index was traded for 24.27 at the closing time. The highest daily price throughout the period was 24.27 and the lowest price was 24.27 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.38% . The trading price change to current closing price is 2.34% . |
Sp Smallcap Index Fundamentals Correlations and Trends
By evaluating Sp 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 Sp Smallcap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SMCIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sp Smallcap Mutual Fund history
Sp 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 SMCIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sp Smallcap Index 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 Sp Smallcap stock prices may prove useful in developing a viable investing in Sp Smallcap
The SP SmallCap 600 Index includes common stocks of 600 small U.S. companies from a broad range of industries. The fund is passively managed. It invests primarily in the stocks that make up the SP SmallCap 600 Index so that the weighting of each stock in the portfolio approximates the index. The funds policy to invest at least 80 percent of its total assets in the underlying stocks.
Sp Smallcap Mutual Fund Technical Analysis
Sp 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
Sp Smallcap Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sp Smallcap Index 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.
Sp Smallcap November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sp 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 Sp Smallcap shares will generate the highest return on investment. By undertsting and applying Sp Smallcap mutual fund market strength indicators, traders can identify Sp Smallcap Index entry and exit signals to maximize returns
Sp Smallcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sp Smallcap's price direction in advance. Along with the technical and fundamental analysis of SMCIX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of SMCIX 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 | 0.083 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0039 | |||
| Treynor Ratio | 0.0839 |
| 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 SMCIX Mutual Fund
Sp Smallcap financial ratios help investors to determine whether SMCIX 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 SMCIX with respect to the benefits of owning Sp Smallcap security.
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