Metwest Esg Securitized Fund Market Value
| MWESX Fund | USD 8.64 0.02 0.23% |
| Symbol | Metwest |
Metwest Esg '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 Metwest Esg'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 Metwest Esg.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Metwest Esg on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Metwest Esg Securitized or generate 0.0% return on investment in Metwest Esg over 30 days. Metwest Esg is related to or competes with Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, and Metropolitan West. The fund invests, under normal circumstances, at least 80 percent of its net assets in debt securities issued by securit... More
Metwest Esg 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 Metwest Esg'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 Metwest Esg Securitized upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.63 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.4598 |
Metwest Esg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metwest Esg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metwest Esg's standard deviation. In reality, there are many statistical measures that can use Metwest Esg historical prices to predict the future Metwest Esg's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.2249 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metwest Esg'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.
Metwest Esg Securitized Backtested Returns
Metwest Esg Securitized has Sharpe Ratio of -0.0139, which conveys that the entity had a -0.0139% return per unit of risk over the last 3 months. Metwest Esg exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metwest Esg's Standard Deviation of 0.3412, risk adjusted performance of (0.03), and Mean Deviation of 0.2465 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.0807, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metwest Esg are expected to decrease at a much lower rate. During the bear market, Metwest Esg is likely to outperform the market.
Auto-correlation | -0.04 |
Very weak reverse predictability
Metwest Esg Securitized has very weak reverse predictability. Overlapping area represents the amount of predictability between Metwest Esg time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Metwest Esg Securitized price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Metwest Esg price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metwest Esg Securitized lagged returns against current returns
Autocorrelation, which is Metwest Esg 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 Metwest Esg's mutual fund expected returns. We can calculate the autocorrelation of Metwest Esg returns to help us make a trade decision. For example, suppose you find that Metwest Esg 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 |
Metwest Esg 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 Metwest Esg mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metwest Esg mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metwest Esg mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Metwest Esg Lagged Returns
When evaluating Metwest Esg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metwest Esg mutual fund have on its future price. Metwest Esg 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, Metwest Esg autocorrelation shows the relationship between Metwest Esg mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Metwest Esg Securitized.
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 Metwest Mutual Fund
Metwest Esg financial ratios help investors to determine whether Metwest 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 Metwest with respect to the benefits of owning Metwest Esg security.
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