SP Midcap's market value is the price at which a share of SP Midcap trades on a public exchange. It measures the collective expectations of SP Midcap 400 investors about its performance. SP Midcap is listed at 3151.25 as of the 1st of August 2025, which is a 1.09% down since the beginning of the trading day. The index's lowest day price was 3145.73. With this module, you can estimate the performance of a buy and hold strategy of SP Midcap 400 and determine expected loss or profit from investing in SP Midcap over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
MID
SP Midcap 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SP Midcap's index what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SP Midcap.
0.00
05/03/2025
No Change 0.00
0.0
In 2 months and 31 days
08/01/2025
0.00
If you would invest 0.00 in SP Midcap on May 3, 2025 and sell it all today you would earn a total of 0.00 from holding SP Midcap 400 or generate 0.0% return on investment in SP Midcap over 90 days.
SP Midcap Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SP Midcap's index current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SP Midcap 400 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Midcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP Midcap's standard deviation. In reality, there are many statistical measures that can use SP Midcap historical prices to predict the future SP Midcap's volatility.
SP Midcap 400 retains Efficiency (Sharpe Ratio) of 0.16, which indicates the index had a 0.16 % return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for SP Midcap, which you can use to evaluate the volatility of the index. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SP Midcap are completely uncorrelated.
Auto-correlation
0.62
Good predictability
SP Midcap 400 has good predictability. Overlapping area represents the amount of predictability between SP Midcap time series from 3rd of May 2025 to 17th of June 2025 and 17th of June 2025 to 1st of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SP Midcap 400 price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current SP Midcap price fluctuation can be explain by its past prices.
Correlation Coefficient
0.62
Spearman Rank Test
0.59
Residual Average
0.0
Price Variance
3575.98
SP Midcap 400 lagged returns against current returns
Autocorrelation, which is SP Midcap index's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SP Midcap's index expected returns. We can calculate the autocorrelation of SP Midcap returns to help us make a trade decision. For example, suppose you find that SP Midcap has exhibited high autocorrelation historically, and you observe that the index is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
SP Midcap regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SP Midcap index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP Midcap index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP Midcap index over time.
Current vs Lagged Prices
Timeline
SP Midcap Lagged Returns
When evaluating SP Midcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP Midcap index have on its future price. SP Midcap autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SP Midcap autocorrelation shows the relationship between SP Midcap index current value and its past values and can show if there is a momentum factor associated with investing in SP Midcap 400.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.