Marketfield Fund Marketfield Fund Market Value
| MFLDX Fund | USD 24.15 0.11 0.46% |
| Symbol | Marketfield |
Marketfield Fund '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 Marketfield Fund'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 Marketfield Fund.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Marketfield Fund on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Marketfield Fund Marketfield or generate 0.0% return on investment in Marketfield Fund over 30 days. Marketfield Fund is related to or competes with Marketfield Fund, Victory Rs, Federated Hermes, Thrivent Aggressive, Neuberger Berman, and Nuveen Real. To achieve the funds investment objective, the Sub-Adviser employs a longshort strategy and allocates the funds assets b... More
Marketfield Fund 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 Marketfield Fund'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 Marketfield Fund Marketfield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.702 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.9119 |
Marketfield Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marketfield Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marketfield Fund's standard deviation. In reality, there are many statistical measures that can use Marketfield Fund historical prices to predict the future Marketfield Fund's volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0829 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marketfield Fund'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.
Marketfield Fund Mar Backtested Returns
At this stage we consider Marketfield Mutual Fund to be very steady. Marketfield Fund Mar has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marketfield Fund, which you can use to evaluate the volatility of the fund. Please verify Marketfield Fund's Risk Adjusted Performance of 0.0788, downside deviation of 0.702, and Mean Deviation of 0.4503 to check out if the risk estimate we provide is consistent with the expected return of 0.0925%. The fund secures a Beta (Market Risk) of 0.72, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marketfield Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marketfield Fund is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Marketfield Fund Marketfield has very good predictability. Overlapping area represents the amount of predictability between Marketfield Fund time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Marketfield Fund Mar price movement. The serial correlation of 0.83 indicates that around 83.0% of current Marketfield Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Marketfield Fund Mar lagged returns against current returns
Autocorrelation, which is Marketfield Fund 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 Marketfield Fund's mutual fund expected returns. We can calculate the autocorrelation of Marketfield Fund returns to help us make a trade decision. For example, suppose you find that Marketfield Fund 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 |
Marketfield Fund 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 Marketfield Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marketfield Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marketfield Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Marketfield Fund Lagged Returns
When evaluating Marketfield Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marketfield Fund mutual fund have on its future price. Marketfield Fund 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, Marketfield Fund autocorrelation shows the relationship between Marketfield Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Marketfield Fund Marketfield.
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 Marketfield Mutual Fund
Marketfield Fund financial ratios help investors to determine whether Marketfield 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 Marketfield with respect to the benefits of owning Marketfield Fund security.
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