Mh Elite Small Fund Price History

MHELX Fund  USD 9.31  0.03  0.32%   
Below is the normalized historical share price chart for Mh Elite Small extending back to August 02, 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 Mh Elite stands at 9.31, as last reported on the 29th of November, with the highest price reaching 9.31 and the lowest price hitting 9.31 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MHELX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider MHELX Mutual Fund to be not too volatile. Mh Elite Small retains Efficiency (Sharpe Ratio) of 0.18, which conveys that the entity had a 0.18% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Mh Elite, which you can use to evaluate the volatility of the fund. Please verify Mh Elite's Market Risk Adjusted Performance of 0.1117, standard deviation of 1.14, and Mean Deviation of 0.7908 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
  
MHELX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1787

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMHELX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.05
  actual daily
9
91% of assets are more volatile

Expected Return

 0.19
  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 Mh Elite 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 Mh Elite by adding it to a well-diversified portfolio.

Mh Elite Mutual Fund Price History Chart

There are several ways to analyze Mh Elite Small Fund price data. The simplest method is using a basic MHELX candlestick price chart, which shows Mh Elite price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 20249.38
Lowest PriceSeptember 6, 20248.06

Mh Elite November 29, 2024 Mutual Fund Price Synopsis

Various analyses of Mh Elite's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell MHELX Mutual Fund. It can be used to describe the percentage change in the price of Mh Elite from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of MHELX Mutual Fund.
Mh Elite Price Action Indicator(0.01)
Mh Elite Price Rate Of Daily Change 1.00 

Mh Elite November 29, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mh Elite Small Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mh Elite intraday prices and daily technical indicators to check the level of noise trading in Mh Elite Small Fund and then apply it to test your longer-term investment strategies against MHELX.

MHELX Mutual Fund Price History Data

The price series of Mh Elite for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 1.32 with a coefficient of variation of 3.54. The daily prices for the period are spread out with arithmetic mean of 8.72. The median price for the last 90 days is 8.68. The company issued dividends to stockholders on January 9, 2020.
OpenHighLowCloseVolume
11/29/2024
 9.31  9.31  9.31  9.31 
11/27/2024 9.31  9.31  9.31  9.31  1.00 
11/26/2024 9.34  9.34  9.34  9.34  1.00 
11/25/2024 9.38  9.38  9.38  9.38  1.00 
11/22/2024 9.14  9.14  9.14  9.14  1.00 
11/21/2024 9.14  9.14  9.14  9.14  1.00 
11/20/2024 8.99  8.99  8.99  8.99  1.00 
11/19/2024 8.98  8.98  8.98  8.98  1.00 
11/18/2024 8.92  8.92  8.92  8.92  1.00 
11/15/2024 8.99  8.99  8.99  8.99  1.00 
11/14/2024 8.99  8.99  8.99  8.99  1.00 
11/13/2024 9.09  9.09  9.09  9.09  1.00 
11/12/2024 9.16  9.16  9.16  9.16  1.00 
11/11/2024 9.29  9.29  9.29  9.29  1.00 
11/08/2024 9.22  9.22  9.22  9.22  1.00 
11/07/2024 9.16  9.16  9.16  9.16  1.00 
11/06/2024 9.14  9.14  9.14  9.14  1.00 
11/05/2024 8.76  8.76  8.76  8.76  1.00 
11/04/2024 8.60  8.60  8.60  8.60  1.00 
11/01/2024 8.56  8.56  8.56  8.56  1.00 
10/31/2024 8.56  8.56  8.56  8.56  1.00 
10/30/2024 8.70  8.70  8.70  8.70  1.00 
10/29/2024 8.72  8.72  8.72  8.72  1.00 
10/28/2024 8.72  8.72  8.72  8.72  1.00 
10/25/2024 8.64  8.64  8.64  8.64  1.00 
10/24/2024 8.66  8.66  8.66  8.66  1.00 
10/23/2024 8.64  8.64  8.64  8.64  1.00 
10/22/2024 8.70  8.70  8.70  8.70  1.00 
10/21/2024 8.76  8.76  8.76  8.76  1.00 
10/18/2024 8.85  8.85  8.85  8.85  1.00 
10/17/2024 8.89  8.89  8.89  8.89  1.00 
10/16/2024 8.89  8.89  8.89  8.89  1.00 
10/15/2024 8.79  8.79  8.79  8.79  1.00 
10/14/2024 8.84  8.84  8.84  8.84  1.00 
10/11/2024 8.80  8.80  8.80  8.80  1.00 
10/10/2024 8.65  8.65  8.65  8.65  1.00 
10/09/2024 8.69  8.69  8.69  8.69  1.00 
10/08/2024 8.66  8.66  8.66  8.66  1.00 
10/07/2024 8.65  8.65  8.65  8.65  1.00 
10/04/2024 8.70  8.70  8.70  8.70  1.00 
10/03/2024 8.59  8.59  8.59  8.59  1.00 
10/02/2024 8.62  8.62  8.62  8.62  1.00 
10/01/2024 8.61  8.61  8.61  8.61  1.00 
09/30/2024 8.70  8.70  8.70  8.70  1.00 
09/27/2024 8.68  8.68  8.68  8.68  1.00 
09/26/2024 8.66  8.66  8.66  8.66  1.00 
09/25/2024 8.61  8.61  8.61  8.61  1.00 
09/24/2024 8.68  8.68  8.68  8.68  1.00 
09/23/2024 8.65  8.65  8.65  8.65  1.00 
09/20/2024 8.64  8.64  8.64  8.64  1.00 
09/19/2024 8.69  8.69  8.69  8.69  1.00 
09/18/2024 8.49  8.49  8.49  8.49  1.00 
09/17/2024 8.49  8.49  8.49  8.49  1.00 
09/16/2024 8.44  8.44  8.44  8.44  1.00 
09/13/2024 8.41  8.41  8.41  8.41  1.00 
09/12/2024 8.25  8.25  8.25  8.25  1.00 
09/11/2024 8.15  8.15  8.15  8.15  1.00 
09/10/2024 8.09  8.09  8.09  8.09  1.00 
09/09/2024 8.11  8.11  8.11  8.11  1.00 
09/06/2024 8.06  8.06  8.06  8.06  1.00 
09/05/2024 8.22  8.22  8.22  8.22  1.00 

About Mh Elite Mutual Fund history

Mh Elite 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 MHELX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mh Elite Small 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 Mh Elite stock prices may prove useful in developing a viable investing in Mh Elite
The fund invests at least 80 percent of its total assets in 12 to 25 unaffiliated open-end mutual funds which in turn, invest principally in common stocks of small and micro-capitalization companies. The adviser currently considers small and micro-capitalization companies to be those with a market capitalization that falls within the range of the Russell 2000 Index.

Mh Elite Mutual Fund Technical Analysis

Mh Elite 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.
A focus of Mh Elite technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mh Elite trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Idea Breakdown Now

   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Module

Mh Elite Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mh Elite's price direction in advance. Along with the technical and fundamental analysis of MHELX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of MHELX 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.

Other Information on Investing in MHELX Mutual Fund

Mh Elite financial ratios help investors to determine whether MHELX 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 MHELX with respect to the benefits of owning Mh Elite security.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon