Meridian Trarian Fund Market Value
| MFCCX Fund | USD 35.39 0.02 0.06% |
| Symbol | Meridian |
Meridian Trarian '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 Meridian Trarian'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 Meridian Trarian.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Meridian Trarian on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Meridian Trarian Fund or generate 0.0% return on investment in Meridian Trarian over 30 days. Meridian Trarian is related to or competes with Meridian Trarian, Meridian Trarian, Mfs Value, Fidelity Advisor, and Columbia Seligman. The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business long-ter... More
Meridian Trarian 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 Meridian Trarian'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 Meridian Trarian Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.49 |
Meridian Trarian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Trarian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridian Trarian's standard deviation. In reality, there are many statistical measures that can use Meridian Trarian historical prices to predict the future Meridian Trarian's volatility.| Risk Adjusted Performance | 0.0063 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridian Trarian'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.
Meridian Trarian Backtested Returns
At this stage we consider Meridian Mutual Fund to be very steady. Meridian Trarian has Sharpe Ratio of 0.049, which conveys that the entity had a 0.049 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Meridian Trarian, which you can use to evaluate the volatility of the fund. Please verify Meridian Trarian's Downside Deviation of 1.09, mean deviation of 0.7871, and Risk Adjusted Performance of 0.0063 to check out if the risk estimate we provide is consistent with the expected return of 0.0547%. The fund secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Meridian Trarian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meridian Trarian is expected to be smaller as well.
Auto-correlation | 0.22 |
Weak predictability
Meridian Trarian Fund has weak predictability. Overlapping area represents the amount of predictability between Meridian Trarian time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Meridian Trarian price movement. The serial correlation of 0.22 indicates that over 22.0% of current Meridian Trarian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Meridian Trarian lagged returns against current returns
Autocorrelation, which is Meridian Trarian 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 Meridian Trarian's mutual fund expected returns. We can calculate the autocorrelation of Meridian Trarian returns to help us make a trade decision. For example, suppose you find that Meridian Trarian 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 |
Meridian Trarian 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 Meridian Trarian mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridian Trarian mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridian Trarian mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Meridian Trarian Lagged Returns
When evaluating Meridian Trarian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridian Trarian mutual fund have on its future price. Meridian Trarian 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, Meridian Trarian autocorrelation shows the relationship between Meridian Trarian mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Meridian Trarian 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 Meridian Mutual Fund
Meridian Trarian financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Trarian security.
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