Mutual Of America Fund Market Value
| MAEIX Fund | 71.98 0.28 0.39% |
| Symbol | Mutual |
Mutual Of '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 Mutual Of's mutual fund 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 Mutual Of.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Mutual Of on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Mutual Of America or generate 0.0% return on investment in Mutual Of over 720 days. Mutual Of is related to or competes with Volumetric Fund, Multimedia Portfolio, Qs Us, Abr 75/25, Rbb Fund, and Qs Global. The fund primarily invests in the 500 common stocks included in the SP 500 Index to replicate, to the extent practicable... More
Mutual Of 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 Mutual Of's mutual fund 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 Mutual Of America upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8286 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.17 |
Mutual Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mutual Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mutual Of's standard deviation. In reality, there are many statistical measures that can use Mutual Of historical prices to predict the future Mutual Of's volatility.| Risk Adjusted Performance | 0.0896 | |||
| Jensen Alpha | 0.0874 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.36) |
Mutual Of America Backtested Returns
At this stage we consider Mutual Mutual Fund to be very steady. Mutual Of America has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mutual Of, which you can use to evaluate the volatility of the fund. Please verify Mutual Of's Downside Deviation of 0.8286, mean deviation of 0.5619, and Risk Adjusted Performance of 0.0896 to check out if the risk estimate we provide is consistent with the expected return of 0.0898%. The fund secures a Beta (Market Risk) of -0.06, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mutual Of are expected to decrease at a much lower rate. During the bear market, Mutual Of is likely to outperform the market.
Auto-correlation | 0.80 |
Very good predictability
Mutual Of America has very good predictability. Overlapping area represents the amount of predictability between Mutual Of time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mutual Of America price movement. The serial correlation of 0.8 indicates that around 80.0% of current Mutual Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 20.13 |
Mutual Of America lagged returns against current returns
Autocorrelation, which is Mutual Of mutual fund'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 Mutual Of's mutual fund expected returns. We can calculate the autocorrelation of Mutual Of returns to help us make a trade decision. For example, suppose you find that Mutual Of has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Mutual Of 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 Mutual Of mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mutual Of mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mutual Of mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mutual Of Lagged Returns
When evaluating Mutual Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mutual Of mutual fund have on its future price. Mutual Of 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, Mutual Of autocorrelation shows the relationship between Mutual Of mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mutual Of America.
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.Other Information on Investing in Mutual Mutual Fund
Mutual Of financial ratios help investors to determine whether Mutual 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 Mutual with respect to the benefits of owning Mutual Of security.
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