Martin Currie Emerging Fund Market Value
| MCECX Fund | USD 12.62 0.04 0.32% |
| Symbol | Martin |
Martin Currie '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 Martin Currie'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 Martin Currie.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Martin Currie on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Martin Currie Emerging or generate 0.0% return on investment in Martin Currie over 30 days. Martin Currie is related to or competes with Guggenheim High, Buffalo High, Virtus High, Jpmorgan High, Voya High, Pace High, and Janus High. Under normal market conditions, the fund pursues its objective by investing at least 80 percent of its net assets plus b... More
Martin Currie 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 Martin Currie'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 Martin Currie Emerging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.94 |
Martin Currie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Martin Currie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Martin Currie's standard deviation. In reality, there are many statistical measures that can use Martin Currie historical prices to predict the future Martin Currie's volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | 0.0315 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2346 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Martin Currie's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Martin Currie Emerging Backtested Returns
At this stage we consider Martin Mutual Fund to be very steady. Martin Currie Emerging has Sharpe Ratio of 0.0377, which conveys that the entity had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Martin Currie, which you can use to evaluate the volatility of the fund. Please verify Martin Currie's Downside Deviation of 1.1, mean deviation of 0.8168, and Risk Adjusted Performance of 0.0491 to check out if the risk estimate we provide is consistent with the expected return of 0.0428%. The fund secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Martin Currie's returns are expected to increase less than the market. However, during the bear market, the loss of holding Martin Currie is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Martin Currie Emerging has insignificant reverse predictability. Overlapping area represents the amount of predictability between Martin Currie time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Martin Currie Emerging price movement. The serial correlation of -0.16 indicates that over 16.0% of current Martin Currie price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Martin Currie Emerging lagged returns against current returns
Autocorrelation, which is Martin Currie 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 Martin Currie's mutual fund expected returns. We can calculate the autocorrelation of Martin Currie returns to help us make a trade decision. For example, suppose you find that Martin Currie 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 |
Martin Currie 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 Martin Currie mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Martin Currie mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Martin Currie mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Martin Currie Lagged Returns
When evaluating Martin Currie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Martin Currie mutual fund have on its future price. Martin Currie 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, Martin Currie autocorrelation shows the relationship between Martin Currie mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Martin Currie Emerging.
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 Martin Mutual Fund
Martin Currie financial ratios help investors to determine whether Martin 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 Martin with respect to the benefits of owning Martin Currie security.
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