Power Momentum Index Fund Market Value

MOJAX Fund  USD 14.60  0.11  0.75%   
Power Momentum's market value is the price at which a share of Power Momentum trades on a public exchange. It measures the collective expectations of Power Momentum Index investors about its performance. Power Momentum is trading at 14.60 as of the 26th of January 2026; that is 0.75% down since the beginning of the trading day. The fund's open price was 14.71.
With this module, you can estimate the performance of a buy and hold strategy of Power Momentum Index and determine expected loss or profit from investing in Power Momentum over a given investment horizon. Check out Power Momentum Correlation, Power Momentum Volatility and Power Momentum Alpha and Beta module to complement your research on Power Momentum.
Symbol

Please note, there is a significant difference between Power Momentum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Momentum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Momentum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Power Momentum '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 Power Momentum'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 Power Momentum.
0.00
10/28/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/26/2026
0.00
If you would invest  0.00  in Power Momentum on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Power Momentum Index or generate 0.0% return on investment in Power Momentum over 90 days. Power Momentum is related to or competes with Virtus Convertible, Lazard Funds, Calamos Dynamic, Teton Convertible, and Gabelli Convertible. The adviser seeks to achieve the funds objectives by seeking to track the DF Risk-Managed Momentum Index that provides a... More

Power Momentum 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 Power Momentum'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 Power Momentum Index upside and downside potential and time the market with a certain degree of confidence.

Power Momentum Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Momentum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Momentum's standard deviation. In reality, there are many statistical measures that can use Power Momentum historical prices to predict the future Power Momentum's volatility.
Hype
Prediction
LowEstimatedHigh
9.7414.6019.46
Details
Intrinsic
Valuation
LowRealHigh
10.2615.1219.98
Details
Naive
Forecast
LowNextHigh
8.6613.5218.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.3113.5116.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Power Momentum. Your research has to be compared to or analyzed against Power Momentum's peers to derive any actionable benefits. When done correctly, Power Momentum's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Power Momentum Index.

Power Momentum January 26, 2026 Technical Indicators

Power Momentum Index Backtested Returns

Power Momentum appears to be somewhat reliable, given 3 months investment horizon. Power Momentum Index maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16 % return per unit of risk over the last 3 months. By analyzing Power Momentum's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please evaluate Power Momentum's Semi Deviation of 0.655, risk adjusted performance of 0.1245, and Coefficient Of Variation of 632.36 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Power Momentum are expected to decrease at a much lower rate. During the bear market, Power Momentum is likely to outperform the market.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

Power Momentum Index has insignificant reverse predictability. Overlapping area represents the amount of predictability between Power Momentum time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th 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 Power Momentum Index price movement. The serial correlation of -0.18 indicates that over 18.0% of current Power Momentum price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test0.12
Residual Average0.0
Price Variance4.14

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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 Power Mutual Fund

Power Momentum financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Momentum security.
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