Ivy Mid Cap Fund Price on September 18, 2024
| WMGAX Fund | USD 29.05 0.23 0.79% |
If you're considering investing in Ivy Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ivy Mid stands at 29.05, as last reported on the 27th of November, with the highest price reaching 29.05 and the lowest price hitting 29.05 during the day. At this stage we consider Ivy Mutual Fund to be very steady. Ivy Mid Cap holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ivy Mid Cap, which you can use to evaluate the volatility of the entity. Please check out Ivy Mid's Risk Adjusted Performance of 0.0967, market risk adjusted performance of 1.26, and Downside Deviation of 1.19 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Ivy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ivy |
Sharpe Ratio = 0.123
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | WMGAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ivy Mid is performing at about 9% 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 Ivy Mid by adding it to a well-diversified portfolio.
Ivy Mid Valuation on September 18, 2024
It is possible to determine the worth of Ivy Mid on a given historical date. On September 18, 2024 Ivy was worth 27.3 at the beginning of the trading date compared to the closed value of 27.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ivy Mid mutual fund. Still, in general, we apply an absolute valuation method to find Ivy Mid'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 Ivy Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ivy Mid's related companies.
| Open | High | Low | Close | Volume | |
| 27.22 | 27.22 | 27.22 | 27.22 | 1.00 | |
09/18/2024 | 27.30 | 27.30 | 27.30 | 27.30 | 1.00 |
| 27.88 | 27.88 | 27.88 | 27.88 | 1.00 |
| Backtest Ivy Mid | | | Ivy Mid History | | | Ivy Mid Valuation | Previous | Next |
Ivy Mid Trading Date Momentum on September 18, 2024
| On September 19 2024 Ivy Mid Cap was traded for 27.88 at the closing time. The highest daily price throughout the period was 27.88 and the lowest price was 27.88 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 2.12% . The trading delta at closing time to current closing price is 2.64% . |
Ivy Mid Cap Fundamentals Correlations and Trends
By evaluating Ivy Mid'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 Ivy Mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ivy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ivy Mid Mutual Fund history
Ivy Mid 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 Ivy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ivy Mid 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 Ivy Mid stock prices may prove useful in developing a viable investing in Ivy Mid
The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that the manager believes are high quality andor offer above-average growth potential. Ivy Mid is traded on NASDAQ Exchange in the United States.
Ivy Mid Mutual Fund Technical Analysis
Ivy Mid 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
Ivy Mid Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Ivy Mid 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.
Ivy Mid November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ivy Mid 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 Ivy Mid shares will generate the highest return on investment. By undertsting and applying Ivy Mid mutual fund market strength indicators, traders can identify Ivy Mid Cap entry and exit signals to maximize returns
Ivy Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ivy Mid's price direction in advance. Along with the technical and fundamental analysis of Ivy Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ivy 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 | 0.0967 | |||
| Jensen Alpha | 0.106 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.25 |
| 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 Ivy Mutual Fund
Ivy Mid financial ratios help investors to determine whether Ivy 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 Ivy with respect to the benefits of owning Ivy Mid security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |