Midas Special Fund Quote

MISEX Fund  USD 32.13  0.27  0.85%   

Performance

20 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 30

 
100  
 
Zero
Below Average
Midas Special is trading at 32.13 as of the 28th of March 2024; that is 0.85 percent up since the beginning of the trading day. The fund's open price was 31.86. Midas Special has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Midas Special Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
In pursuit of its investment objective, the fund may invest in any security type and in any industry sector, in domestic or foreign companies, and in companies of any size. Generally, the investment manager seeks to invest in what it believes to be quality companies with unique combinations of strength in operations, products, and finances with either growth or value characteristics. More on Midas Special Fund

Moving together with Midas Mutual Fund

  0.94STFGX State Farm GrowthPairCorr
  0.93VTSAX Vanguard Total StockPairCorr
  0.94VFIAX Vanguard 500 IndexPairCorr
  0.93VTSMX Vanguard Total StockPairCorr
  0.93VITSX Vanguard Total StockPairCorr

Moving against Midas Mutual Fund

  0.41MIDSX Midas Fund MidasPairCorr

Midas Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Midas Special's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Midas Special or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationMidas Funds, Large Growth Funds, Large Blend Funds, Large Blend, Midas (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of April 2023
Fiscal Year EndDecember
Midas Special Fund [MISEX] is traded in USA and was established 28th of March 2024. Midas Special is listed under Midas category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Midas family. This fund now has accumulated 16.81 M in assets with minimum initial investment of 1 K. Midas Special Fund is currently producing year-to-date (YTD) return of 14.2%, while the total return for the last 3 years was 11.9%.
Check Midas Special Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Midas Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Midas Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Midas Special Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Midas Special Fund Mutual Fund Constituents

WSMWilliams SonomaStockConsumer Discretionary
UNHUnitedHealth Group IncorporatedStockHealth Care
JPMJPMorgan Chase CoStockFinancials
GOOGLAlphabet Class AStockCommunication Services
BIIBBiogen IncStockHealth Care
HDHome DepotStockConsumer Discretionary
CPRTCopart IncStockIndustrials
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Midas Special Target Price Odds Analysis

Based on a normal probability distribution, the odds of Midas Special jumping above the current price in 90 days from now is near 1%. The Midas Special Fund probability density function shows the probability of Midas Special mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Midas Special has a beta of 0.0325. This indicates as returns on the market go up, Midas Special average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Midas Special Fund will be expected to be much smaller as well. Additionally, midas Special Fund has an alpha of 0.237, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.13HorizonTargetOdds Above 32.13
99.14%90 days
 32.13 
0.84%
Based on a normal probability distribution, the odds of Midas Special to move above the current price in 90 days from now is near 1 (This Midas Special Fund probability density function shows the probability of Midas Mutual Fund to fall within a particular range of prices over 90 days) .

Midas Special Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Midas Special market risk premium is the additional return an investor will receive from holding Midas Special long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Midas Special. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Midas Special's alpha and beta are two of the key measurements used to evaluate Midas Special's performance over the market, the standard measures of volatility play an important role as well.

Midas Special Against Markets

Picking the right benchmark for Midas Special mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Midas Special mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Midas Special is critical whether you are bullish or bearish towards Midas Special Fund at a given time. Please also check how Midas Special's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Midas Special without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Midas Mutual Fund?

Before investing in Midas Special, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Midas Special. To buy Midas Special fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Midas Special. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Midas Special fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Midas Special Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Midas Special Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Midas Special Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Midas Special Fund?

The danger of trading Midas Special Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Midas Special is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Midas Special. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Midas Special Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midas Special Fund. 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 income.
Note that the Midas Special Fund information on this page should be used as a complementary analysis to other Midas Special'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 the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Midas Mutual Fund analysis

When running Midas Special's price analysis, check to measure Midas Special'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 Midas Special is operating at the current time. Most of Midas Special's value examination focuses on studying past and present price action to predict the probability of Midas Special's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midas Special's price. Additionally, you may evaluate how the addition of Midas Special to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Midas Special's value and its price as these two are different measures arrived at by different means. Investors typically determine if Midas Special is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Midas Special'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.