Mairs Power Balanced Fund Price on January 30, 2024
| MAPOX Fund | USD 103.94 0.60 0.58% |
Below is the normalized historical share price chart for Mairs Power Balanced extending back to February 24, 1997. 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 Mairs Power stands at 103.94, as last reported on the 2nd of May, with the highest price reaching 103.94 and the lowest price hitting 103.94 during the day.
If you're considering investing in Mairs Mutual Fund, it is important to understand the factors that can impact its price. We consider Mairs Power very steady. Mairs Power Balanced has Sharpe Ratio of 0.0478, which conveys that the entity had a 0.0478% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mairs Power, which you can use to evaluate the volatility of the fund. Please verify Mairs Power's Mean Deviation of 0.3812, downside deviation of 0.5709, and Risk Adjusted Performance of 0.0172 to check out if the risk estimate we provide is consistent with the expected return of 0.0231%.
Mairs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mairs |
Sharpe Ratio = 0.0478
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| Negative Returns | MAPOX |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mairs Power is performing at about 3% 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 Mairs Power by adding it to a well-diversified portfolio.
Mairs Power Valuation on January 30, 2024
It is possible to determine the worth of Mairs Power on a given historical date. On January 30, 2024 Mairs was worth 103.12 at the beginning of the trading date compared to the closed value of 102.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mairs Power mutual fund. Still, in general, we apply an absolute valuation method to find Mairs Power'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 Mairs Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mairs Power's related companies.
| Open | High | Low | Close | Volume | |
| 102.89 | 102.89 | 102.37 | 102.37 | 1.00 | |
01/30/2024 | 103.12 | 103.12 | 102.59 | 102.59 | 1.00 |
| 102.11 | 102.11 | 101.59 | 101.59 | 1.00 |
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Mairs Power Trading Date Momentum on January 30, 2024
| On January 31 2024 Mairs Power Balanced was traded for 101.59 at the closing time. The highest daily price throughout the period was 102.11 and the lowest price was 101.59 . There was no trading activity during the period 1.0. Lack of trading volume on 01/31/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.97% . The trading delta at closing time to current closing price is 0.44% . |
Mairs Power Balanced Fundamentals Correlations and Trends
By evaluating Mairs Power'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 Mairs Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mairs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mairs Power Mutual Fund history
Mairs Power 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 Mairs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mairs Power Balanced 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 Mairs Power stock prices may prove useful in developing a viable investing in Mairs Power
The fund invests primarily in U.S. common stock and other securities convertible into common stock as well as fixed income securities such as corporate bonds and U.S. government securities. The fund may also invest in securities of foreign issuers which are listed on a U.S. stock exchange or are represented by American Depositary Receipts .
Mairs Power Mutual Fund Technical Analysis
Mairs Power 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
Mairs Power Period Price Range
Low | January 30, 2024
| High |
103.12 | 102.59 |
Mairs Power May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mairs Power 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 Mairs Power shares will generate the highest return on investment. By undertsting and applying Mairs Power mutual fund market strength indicators, traders can identify Mairs Power Balanced entry and exit signals to maximize returns
Mairs Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mairs Power's price direction in advance. Along with the technical and fundamental analysis of Mairs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mairs 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 | 0.0172 | |||
| Jensen Alpha | 0.004 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1628 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mairs Power Balanced. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.