Midas Fund is trading at 1.18 as of the 16th of June 2024; that is 6.31 percent increase since the beginning of the trading day. The fund's open price was 1.11. Midas Fund has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Midas Fund Midas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of June 2022 and ending today, the 16th of June 2024. Click here to learn more.
In pursuit of its investment objectives, the fund invests at least 65 percent of its total assets in securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources and gold, silver, and platinum bullion and coins. More on Midas Fund Midas
Midas Fund Midas [MIDSX] is traded in USA and was established 16th of June 2024. Midas Fund is listed under Midas category by Fama And French industry classification. The fund is listed under Equity Precious Metals category and is part of Midas family. This fund now has accumulated 11.69 M in assets with minimum initial investment of 1 K. Midas Fund Midas is currently producing year-to-date (YTD) return of 2.73%, while the total return for the last 3 years was -10.57%.
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Investors will always prefer to have the highest possible return on investment while minimizing volatility. Midas Fund market risk premium is the additional return an investor will receive from holding Midas Fund 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 Fund. 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 Fund's alpha and beta are two of the key measurements used to evaluate Midas Fund's performance over the market, the standard measures of volatility play an important role as well.
Other Information on Investing in Midas Mutual Fund
Midas Fund financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Fund security.