Mm Sp 500 Fund Market Value
| MIEZX Fund | USD 19.67 0.12 0.61% |
| Symbol | MIEZX |
Mm Sp '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 Mm Sp'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 Mm Sp.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Mm Sp on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mm Sp 500 or generate 0.0% return on investment in Mm Sp over 30 days. Mm Sp is related to or competes with Bbh Intermediate, Federated Ultrashort, Versatile Bond, Touchstone Premium, Maryland Tax, California Bond, and Ultra-short Fixed. The fund invests at least 80 percent of its net assets in the equity securities of companies included within the SP 500 ... More
Mm Sp 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 Mm Sp'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 Mm Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8595 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.19 |
Mm Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mm Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mm Sp's standard deviation. In reality, there are many statistical measures that can use Mm Sp historical prices to predict the future Mm Sp's volatility.| Risk Adjusted Performance | 0.1217 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1336 |
Mm Sp 500 Backtested Returns
At this stage we consider MIEZX Mutual Fund to be very steady. Mm Sp 500 retains Efficiency (Sharpe Ratio) of 0.2, which conveys that the entity had a 0.2% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Mm Sp, which you can use to evaluate the volatility of the fund. Please verify Mm Sp's Standard Deviation of 0.7691, mean deviation of 0.5519, and Market Risk Adjusted Performance of 0.1436 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund owns a Beta (Systematic Risk) of 0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mm Sp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mm Sp is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Mm Sp 500 has excellent predictability. Overlapping area represents the amount of predictability between Mm Sp 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 Mm Sp 500 price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Mm Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mm Sp 500 lagged returns against current returns
Autocorrelation, which is Mm Sp 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 Mm Sp's mutual fund expected returns. We can calculate the autocorrelation of Mm Sp returns to help us make a trade decision. For example, suppose you find that Mm Sp 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 |
Mm Sp 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 Mm Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mm Sp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mm Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mm Sp Lagged Returns
When evaluating Mm Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mm Sp mutual fund have on its future price. Mm Sp 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, Mm Sp autocorrelation shows the relationship between Mm Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mm Sp 500.
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 MIEZX Mutual Fund
Mm Sp financial ratios help investors to determine whether MIEZX 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 MIEZX with respect to the benefits of owning Mm Sp security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |