MHESX Mutual Fund Price on January 8, 2021 Breakdown

MHESX
 Fund
  

USD 5.29  0.05  0.95%   

As of today, the current price of Mh Elite is  5.29 , as last reported on the 8th of August, with the highest price reaching  5.29  and the lowest price hitting  5.29  during the day.
We consider Mh Elite somewhat reliable. Mh Elite Select retains Efficiency (Sharpe Ratio) of 0.0666, which conveys that the entity had 0.0666% of return per unit of price deviation over the last 3 months. Our viewpoint regarding estimating the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Mh Elite, which you can use to evaluate the future volatility of the fund. Please verify Mh Elite Select Mean Deviation of 1.03, market risk adjusted performance of (0.02553), and Standard Deviation of 1.52 to check out if the risk estimate we provide is consistent with the expected return of 0.0905%.
  

Mh Elite Main Headline on 8th of January 2021

Mh Elite Select dividend paid on 8th of January 2021

Mh Elite Valuation on January 8, 2021

It is possible to determine the worth of Mh Elite on a given historical date. On January 8, 2021 MHESX was worth 6.75 at the beginning of the trading date compared to the closed value of 6.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mh Elite mutual fund. Still, in general, we apply an absolute valuation method to find Mh Elite'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mh Elite's related companies.
 Open High Low Close Volume
  7.00    7.00    7.00    6.36    1.00  
01/08/2021
  6.75    6.75    6.75    6.43    1.00  
  6.69    6.69    6.69    6.37    1.00  
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Open Value 6.75
6.43
Closing Value
10.83
Upside

Mh Elite Trading Date Momentum on January 8, 2021

On January 11 2021 Mh Elite Select was traded for  6.37  at the closing time. The highest daily price throughout the period was 6.69  and the lowest price was  6.69 . There was no trading activity during the period 1.0. Lack of trading volume on 01/11/2021 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.93% . The trading delta at closing time to current closing price is 5.13% .

Mh Elite Select Fundamentals Correlations and Trends

By evaluating Mh Elite'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 Mh Elite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MHESX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

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 MHESX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mh Elite Select 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 historical 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 15 to 25 unaffiliated open-end mutual funds . Mh Elite is traded on NASDAQ Exchange in the United States.

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, stock 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...

Price Boundaries

Mh Elite Period Price Range

Low
January 8, 2021
High

 6.75 

  

 6.43 

-0.32-4.74%

Mh Elite August 8, 2022 Market Strength

Market strength indicators help investors to evaluate how Mh Elite 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 Mh Elite shares will generate the highest return on investment. By undertsting and applying Mh Elite mutual fund market strength indicators, traders can identify Mh Elite Select entry and exit signals to maximize returns

Mh Elite Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MHESX stock's direction in advance. Along with the technical and fundamental analysis of MHESX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of MHESX 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 stock 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.
Additionally, see Stocks Correlation. Note that the Mh Elite Select information on this page should be used as a complementary analysis to other Mh Elite's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for MHESX Mutual Fund analysis

When running Mh Elite Select price analysis, check to measure Mh Elite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mh Elite is operating at the current time. Most of Mh Elite's value examination focuses on studying past and present price action to predict the probability of Mh Elite's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mh Elite's price. Additionally, you may evaluate how the addition of Mh Elite to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mh Elite's value and its price as these two are different measures arrived at by different means. Investors typically determine Mh Elite value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mh Elite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.