Monetta Fund Monetta Fund Market Value
| MONTX Fund | USD 31.79 0.13 0.41% |
| Symbol | Monetta |
Monetta 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 Monetta 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 Monetta Fund.
| 01/04/2024 |
| 12/24/2025 |
If you would invest 0.00 in Monetta Fund on January 4, 2024 and sell it all today you would earn a total of 0.00 from holding Monetta Fund Monetta or generate 0.0% return on investment in Monetta Fund over 720 days. Monetta Fund is related to or competes with Reynolds Blue, Paradigm Select, Amg Timessquare, Villere Balanced, Chase Growth, Wesmark Balanced, and Nuveen Municipalome. The fund invests at least 65 percent of its net assets in common stocks of companies of all market capitalization ranges... More
Monetta 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 Monetta 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 Monetta Fund Monetta upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 1.55 |
Monetta Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monetta Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monetta Fund's standard deviation. In reality, there are many statistical measures that can use Monetta Fund historical prices to predict the future Monetta Fund's volatility.| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0402 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Monetta 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.
Monetta Fund Monetta Backtested Returns
At this stage we consider Monetta Mutual Fund to be very steady. Monetta Fund Monetta has Sharpe Ratio of 0.0454, which conveys that the entity had a 0.0454 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Monetta Fund, which you can use to evaluate the volatility of the fund. Please verify Monetta Fund's Downside Deviation of 1.57, mean deviation of 0.9141, and Risk Adjusted Performance of 0.0363 to check out if the risk estimate we provide is consistent with the expected return of 0.057%. The fund secures a Beta (Market Risk) of 1.17, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Monetta Fund will likely underperform.
Auto-correlation | 0.70 |
Good predictability
Monetta Fund Monetta has good predictability. Overlapping area represents the amount of predictability between Monetta Fund time series from 4th of January 2024 to 29th of December 2024 and 29th of December 2024 to 24th of December 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 Monetta Fund Monetta price movement. The serial correlation of 0.7 indicates that around 70.0% of current Monetta Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 9.52 |
Monetta Fund Monetta lagged returns against current returns
Autocorrelation, which is Monetta 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 Monetta Fund's mutual fund expected returns. We can calculate the autocorrelation of Monetta Fund returns to help us make a trade decision. For example, suppose you find that Monetta 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 |
Monetta 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 Monetta Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monetta 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 Monetta Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Monetta Fund Lagged Returns
When evaluating Monetta Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monetta Fund mutual fund have on its future price. Monetta 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, Monetta Fund autocorrelation shows the relationship between Monetta Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Monetta Fund Monetta.
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 Monetta Mutual Fund
Monetta Fund financial ratios help investors to determine whether Monetta 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 Monetta with respect to the benefits of owning Monetta Fund security.
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