Madison Covered Call Fund Price on December 18, 2024
| XMCNX Fund | USD 6.65 0.03 0.45% |
Below is the normalized historical share price chart for Madison Covered Call extending back to August 16, 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 Madison Covered stands at 6.65, as last reported on the 23rd of January, with the highest price reaching 6.65 and the lowest price hitting 6.65 during the day.
If you're considering investing in Madison Mutual Fund, it is important to understand the factors that can impact its price. Madison Covered Call has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11 % return per unit of risk over the last 3 months. Madison Covered exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Madison Covered's Mean Deviation of 0.386, standard deviation of 0.5667, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide.
Madison Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Madison |
Sharpe Ratio = -0.1148
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XMCNX |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Madison Covered is not performing at its full potential. However, 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 Madison Covered by adding Madison Covered to a well-diversified portfolio.
Madison Covered Valuation on December 18, 2024
It is possible to determine the worth of Madison Covered on a given historical date. On December 18, 2024 Madison was worth 6.52 at the beginning of the trading date compared to the closed value of 6.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Madison Covered mutual fund. Still, in general, we apply an absolute valuation method to find Madison Covered'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 Madison Covered where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Madison Covered's related companies.
| Open | High | Low | Close | Volume | |
| 6.63 | 6.63 | 6.63 | 6.63 | 1.00 | |
12/18/2024 | 6.52 | 6.52 | 6.52 | 6.52 | 1.00 |
| 6.50 | 6.50 | 6.50 | 6.50 | 1.00 |
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Madison Covered Trading Date Momentum on December 18, 2024
| On December 19 2024 Madison Covered Call was traded for 6.50 at the closing time. The highest daily price throughout the period was 6.50 and the lowest price was 6.50 . There was no trading activity during the period 1.0. Lack of trading volume on 12/19/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.31% . The trading delta at closing time to current closing price is 0.61% . |
About Madison Covered Mutual Fund history
Madison Covered 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 Madison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Madison Covered Call 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 Madison Covered stock prices may prove useful in developing a viable investing in Madison Covered
Madison Covered Mutual Fund Technical Analysis
Madison Covered 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
Madison Covered Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Madison Covered Call 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.
Madison Covered January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Madison Covered 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 Madison Covered shares will generate the highest return on investment. By undertsting and applying Madison Covered mutual fund market strength indicators, traders can identify Madison Covered Call entry and exit signals to maximize returns
Madison Covered Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Madison Covered's price direction in advance. Along with the technical and fundamental analysis of Madison Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Madison 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 | (0.11) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.27) |
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| Volume Indicators |
Other Information on Investing in Madison Mutual Fund
Madison Covered financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Covered security.
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