Zacks Small Cap E Fund Price on November 21, 2024
| ZSCIX Fund | USD 39.99 0.12 0.30% |
Below is the normalized historical share price chart for Zacks Small Cap E extending back to February 28, 2014. 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 Zacks Small-cap stands at 39.99, as last reported on the 28th of November, with the highest price reaching 39.99 and the lowest price hitting 39.99 during the day.
If you're considering investing in Zacks Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Zacks Mutual Fund to be very steady. Zacks Small Cap shows Sharpe Ratio of 0.0683, which attests that the fund had a 0.0683% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zacks Small Cap, which you can use to evaluate the volatility of the fund. Please check out Zacks Small-cap's Mean Deviation of 0.9966, market risk adjusted performance of 0.0632, and Downside Deviation of 1.19 to validate if the risk estimate we provide is consistent with the expected return of 0.0961%.
Zacks Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Zacks |
Sharpe Ratio = 0.0683
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| Cash | Small Risk | ZSCIX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Zacks Small-cap is performing at about 5% 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 Zacks Small-cap by adding it to a well-diversified portfolio.
Zacks Small-cap Valuation on November 21, 2024
It is possible to determine the worth of Zacks Small-cap on a given historical date. On November 21, 2024 Zacks was worth 39.41 at the beginning of the trading date compared to the closed value of 39.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zacks Small-cap mutual fund. Still, in general, we apply an absolute valuation method to find Zacks Small-cap'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 Zacks Small-cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zacks Small-cap's related companies.
| Open | High | Low | Close | Volume | |
| 38.75 | 38.75 | 38.75 | 38.75 | 1.00 | |
11/21/2024 | 39.41 | 39.41 | 39.41 | 39.41 | 1.00 |
| 39.95 | 39.95 | 39.95 | 39.95 | 1.00 |
| Backtest Zacks Small-cap | | | Zacks Small-cap History | | | Zacks Small-cap Valuation | Previous | Next |
Zacks Small-cap Trading Date Momentum on November 21, 2024
| On November 22 2024 Zacks Small Cap E was traded for 39.95 at the closing time. The highest daily price throughout the period was 39.95 and the lowest price was 39.95 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The trading date delta to closing price of the next trading day was 1.37% . The trading date delta to current closing price is 1.47% . |
Zacks Small Cap Fundamentals Correlations and Trends
By evaluating Zacks Small-cap'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 Zacks Small-cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zacks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zacks Small-cap Mutual Fund history
Zacks Small-cap 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 Zacks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zacks Small 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 Zacks Small-cap stock prices may prove useful in developing a viable investing in Zacks Small-cap
The fund pursues its investment objective by applying a hybrid research process which uses both quantitative and qualitative criteria. It will invest at least 80 percent of its net assets in a diversified portfolio of equity securities of small capitalization companies, with an emphasis on equity securities of U.S. issuers. The fund may engage in short-sale transactions up to 25 percent of its net assets. It also may invest in equity securities of Canadian issuers and American Depository Receipts.
Zacks Small-cap Mutual Fund Technical Analysis
Zacks Small-cap 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
Zacks Small-cap Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Zacks Small Cap E 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.
Zacks Small-cap November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Zacks Small-cap 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 Zacks Small-cap shares will generate the highest return on investment. By undertsting and applying Zacks Small-cap mutual fund market strength indicators, traders can identify Zacks Small Cap E entry and exit signals to maximize returns
Zacks Small-cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zacks Small-cap's price direction in advance. Along with the technical and fundamental analysis of Zacks Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zacks 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 | 0.0566 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0532 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Zacks Mutual Fund
Zacks Small-cap financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks Small-cap security.
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