The Merger Fund Market Value
| MERFX Fund | USD 17.53 0.02 0.11% |
| Symbol | The |
The Merger '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 The Merger'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 The Merger.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in The Merger on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Merger Fund or generate 0.0% return on investment in The Merger over 270 days. The Merger is related to or competes with Strategic Advisers, Strategic Advisers, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and 70082LAB3. Under normal market conditions, the fund invests at least 80 percent of its total assets principally in the common stock... More
The Merger 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 The Merger'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 The Merger Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2222 | |||
| Information Ratio | (0.69) | |||
| Maximum Drawdown | 0.8572 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2875 |
The Merger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Merger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Merger's standard deviation. In reality, there are many statistical measures that can use The Merger historical prices to predict the future The Merger's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.58) | |||
| Treynor Ratio | (0.07) |
Merger Fund Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Merger Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.015, which indicates the fund had a 0.015% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Merger Fund, which you can use to evaluate the volatility of the fund. Please validate The Merger's Coefficient Of Variation of 9807.89, semi deviation of 0.1882, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0028%. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, the Merger's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Merger is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
The Merger Fund has weak reverse predictability. Overlapping area represents the amount of predictability between The Merger time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Merger Fund price movement. The serial correlation of -0.25 indicates that over 25.0% of current The Merger price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Merger Fund lagged returns against current returns
Autocorrelation, which is The Merger 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 The Merger's mutual fund expected returns. We can calculate the autocorrelation of The Merger returns to help us make a trade decision. For example, suppose you find that The Merger 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 |
The Merger 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 The Merger mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Merger mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Merger mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Merger Lagged Returns
When evaluating The Merger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Merger mutual fund have on its future price. The Merger 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, The Merger autocorrelation shows the relationship between The Merger mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Merger Fund.
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 The Mutual Fund
The Merger financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Merger security.
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| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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