Mmzmx Fund Market Value
| MMZMX Fund | 19.10 0.11 0.57% |
| Symbol | Mmzmx |
Mmzmx '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 Mmzmx'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 Mmzmx.
| 12/15/2025 |
| 01/14/2026 |
If you would invest 0.00 in Mmzmx on December 15, 2025 and sell it all today you would earn a total of 0.00 from holding Mmzmx or generate 0.0% return on investment in Mmzmx over 30 days. Mmzmx is related to or competes with Pimco Diversified, Lord Abbett, Invesco Diversified, Huber Capital, Harbor Diversified, Fulcrum Diversified, and Federated Hermes. Under normal circumstances, the fund invests at least 80 percent of net assets in the common stocks of large- and medium... More
Mmzmx 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 Mmzmx'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 Mmzmx upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 32.96 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.57 |
Mmzmx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mmzmx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mmzmx's standard deviation. In reality, there are many statistical measures that can use Mmzmx historical prices to predict the future Mmzmx's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.43) |
Mmzmx Backtested Returns
Mmzmx has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11 % return per unit of risk over the last 3 months. Mmzmx exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mmzmx's Mean Deviation of 1.38, risk adjusted performance of (0.08), and Standard Deviation of 3.92 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.06, which conveys a somewhat significant risk relative to the market. Mmzmx returns are very sensitive to returns on the market. As the market goes up or down, Mmzmx is expected to follow.
Auto-correlation | 0.82 |
Very good predictability
Mmzmx has very good predictability. Overlapping area represents the amount of predictability between Mmzmx time series from 15th of December 2025 to 30th of December 2025 and 30th of December 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mmzmx price movement. The serial correlation of 0.82 indicates that around 82.0% of current Mmzmx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mmzmx lagged returns against current returns
Autocorrelation, which is Mmzmx 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 Mmzmx's mutual fund expected returns. We can calculate the autocorrelation of Mmzmx returns to help us make a trade decision. For example, suppose you find that Mmzmx 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 |
Mmzmx 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 Mmzmx mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mmzmx mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mmzmx mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mmzmx Lagged Returns
When evaluating Mmzmx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mmzmx mutual fund have on its future price. Mmzmx 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, Mmzmx autocorrelation shows the relationship between Mmzmx mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mmzmx.
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 Mmzmx Mutual Fund
Mmzmx financial ratios help investors to determine whether Mmzmx 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 Mmzmx with respect to the benefits of owning Mmzmx security.
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