Extended Market Index Fund Price on March 24, 2024
| USMIX Fund | USD 24.66 0.18 0.72% |
Below is the normalized historical share price chart for Extended Market Index extending back to November 09, 2000. 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 Extended Market stands at 24.66, as last reported on the 11th of December 2024, with the highest price reaching 24.66 and the lowest price hitting 24.66 during the day.
If you're considering investing in Extended Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Extended Mutual Fund to be very steady. Extended Market Index secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Extended Market Index, which you can use to evaluate the volatility of the entity. Please confirm Extended Market's Coefficient Of Variation of 515.46, mean deviation of 0.7229, and Downside Deviation of 0.8039 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Extended Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Extended |
Sharpe Ratio = 0.1798
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | USMIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Extended Market is performing at about 14% 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 Extended Market by adding it to a well-diversified portfolio.
Extended Market Valuation on March 24, 2024
It is possible to determine the worth of Extended Market on a given historical date. On March 24, 2024 Extended was worth 21.57 at the beginning of the trading date compared to the closed value of 21.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Extended Market mutual fund. Still, in general, we apply an absolute valuation method to find Extended Market'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 Extended Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Extended Market's related companies.
| Open | High | Low | Close | Volume | |
| 21.79 | 21.79 | 21.79 | 21.79 | 1.00 | |
03/22/2024 | 21.57 | 21.57 | 21.57 | 21.57 | 1.00 |
| 21.56 | 21.56 | 21.56 | 21.56 | 1.00 |
| Backtest Extended Market | | | Extended Market History | | | Extended Market Valuation | Previous | Next |
Extended Market Trading Date Momentum on March 24, 2024
| On March 25 2024 Extended Market Index was traded for 21.56 at the closing time. The highest daily price throughout the period was 21.56 and the lowest price was 21.56 . There was no trading activity during the period 1.0. Lack of trading volume on 03/25/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.05% . The overall trading delta to current closing price is 1.25% . |
Extended Market Index Fundamentals Correlations and Trends
By evaluating Extended Market'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 Extended Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Extended financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Extended Market Mutual Fund history
Extended Market 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 Extended is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Extended Market 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 Extended Market stock prices may prove useful in developing a viable investing in Extended Market
The funds principal investment strategy is, under normal market conditions, to invest at least 80 percent of its assets in securities or other financial instruments of companies that are components of, or have economic characteristics similar to, the securities included in the index. The index is a market cap-weighted index consisting of the small and mid-cap companies in the U.S. equity market.
Extended Market Mutual Fund Technical Analysis
Extended Market 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
Extended Market Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Extended Market 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.
Extended Market December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Extended Market 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 Extended Market shares will generate the highest return on investment. By undertsting and applying Extended Market mutual fund market strength indicators, traders can identify Extended Market Index entry and exit signals to maximize returns
Extended Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Extended Market's price direction in advance. Along with the technical and fundamental analysis of Extended Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Extended 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 | 0.1429 | |||
| Jensen Alpha | 0.0425 | |||
| Total Risk Alpha | 0.0257 | |||
| Sortino Ratio | 0.0873 | |||
| Treynor Ratio | 0.1487 |
| 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 Extended Mutual Fund
Extended Market financial ratios help investors to determine whether Extended 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 Extended with respect to the benefits of owning Extended Market security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |