Turner Emerging Growth Fund Price on May 7, 2020
| TMCGX Fund | USD 13.89 0.23 1.68% |
Below is the normalized historical share price chart for Turner Emerging Growth extending back to January 04, 1999. 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 Turner Emerging stands at 13.89, as last reported on the 24th of April, with the highest price reaching 13.89 and the lowest price hitting 13.89 during the day.
If you're considering investing in Turner Mutual Fund, it is important to understand the factors that can impact its price. We consider Turner Emerging very steady. Turner Emerging Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0415, which indicates the fund had a 0.0415% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Turner Emerging Growth, which you can use to evaluate the volatility of the fund. Please validate Turner Emerging's Coefficient Of Variation of 1947.82, semi deviation of 0.975, and Risk Adjusted Performance of 0.0356 to confirm if the risk estimate we provide is consistent with the expected return of 0.0405%.
Turner Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Turner |
Sharpe Ratio = 0.0415
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| Negative Returns | TMCGX |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Turner Emerging 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 Turner Emerging by adding it to a well-diversified portfolio.
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.
About Turner Emerging Mutual Fund history
Turner Emerging 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 Turner is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turner Emerging Growth 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 Turner Emerging stock prices may prove useful in developing a viable investing in Turner Emerging
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-sized companies. The Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or reposition assets to more promising opportunities.
Turner Emerging Mutual Fund Technical Analysis
Turner Emerging 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
Turner Emerging Period Price Range
Turner Emerging April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Turner Emerging 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 Turner Emerging shares will generate the highest return on investment. By undertsting and applying Turner Emerging mutual fund market strength indicators, traders can identify Turner Emerging Growth entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 13.89 | |||
| Day Typical Price | 13.89 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | 0.23 |
Turner Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turner Emerging's price direction in advance. Along with the technical and fundamental analysis of Turner Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turner 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 | 0.0356 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.03 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turner Emerging Growth. 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 price. Note that the Turner Emerging Growth information on this page should be used as a complementary analysis to other Turner Emerging'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.