Mexico Closed Fund Market Value

MXF Fund  USD 14.44  0.01  0.07%   
Mexico Closed's market value is the price at which a share of Mexico Closed trades on a public exchange. It measures the collective expectations of Mexico Closed investors about its performance. Mexico Closed is trading at 14.44 as of the 25th of February 2025. This is a 0.07 percent increase since the beginning of the trading day. The fund's lowest day price was 14.23.
With this module, you can estimate the performance of a buy and hold strategy of Mexico Closed and determine expected loss or profit from investing in Mexico Closed over a given investment horizon. Check out Mexico Closed Correlation, Mexico Closed Volatility and Mexico Closed Alpha and Beta module to complement your research on Mexico Closed.
Symbol

Please note, there is a significant difference between Mexico Closed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexico Closed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexico Closed'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.

Mexico Closed '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 Mexico Closed's 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 Mexico Closed.
0.00
01/26/2025
No Change 0.00  0.0 
In 31 days
02/25/2025
0.00
If you would invest  0.00  in Mexico Closed on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Mexico Closed or generate 0.0% return on investment in Mexico Closed over 30 days. Mexico Closed is related to or competes with Blackrock Muniyield, Pimco New, First Trust, Swiss Helvetia, NXG NextGen, Central Europe, and Taiwan Closed. The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo Mxico, S.C More

Mexico Closed 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 Mexico Closed's 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 Mexico Closed upside and downside potential and time the market with a certain degree of confidence.

Mexico Closed Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexico Closed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mexico Closed's standard deviation. In reality, there are many statistical measures that can use Mexico Closed historical prices to predict the future Mexico Closed's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mexico Closed'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.
Hype
Prediction
LowEstimatedHigh
13.0414.4415.84
Details
Intrinsic
Valuation
LowRealHigh
14.1515.5516.95
Details
Naive
Forecast
LowNextHigh
12.9514.3515.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.7213.6914.66
Details

Mexico Closed Backtested Returns

Mexico Closed appears to be very steady, given 3 months investment horizon. Mexico Closed has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mexico Closed, which you can use to evaluate the volatility of the fund. Please exercise Mexico Closed's Downside Deviation of 1.4, mean deviation of 1.09, and Risk Adjusted Performance of 0.0708 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mexico Closed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mexico Closed is expected to be smaller as well.

Auto-correlation

    
  0.26  

Poor predictability

Mexico Closed has poor predictability. Overlapping area represents the amount of predictability between Mexico Closed time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 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 Mexico Closed price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Mexico Closed price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.03
Mexico ReturnsMexico Lagged ReturnsDiversified AwayMexico ReturnsMexico Lagged ReturnsDiversified Away100%

Mexico Closed lagged returns against current returns

Autocorrelation, which is Mexico Closed 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 Mexico Closed's fund expected returns. We can calculate the autocorrelation of Mexico Closed returns to help us make a trade decision. For example, suppose you find that Mexico Closed has exhibited high autocorrelation historically, and you observe that the 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 240%1%2%3%4%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Mexico Closed 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 Mexico Closed fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mexico Closed fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mexico Closed fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 2413.613.814.014.214.414.6
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Mexico Closed Lagged Returns

When evaluating Mexico Closed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mexico Closed fund have on its future price. Mexico Closed 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, Mexico Closed autocorrelation shows the relationship between Mexico Closed fund current value and its past values and can show if there is a momentum factor associated with investing in Mexico Closed.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 27Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 2413.613.814.014.214.414.614.8
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Mexico Fund

Mexico Closed financial ratios help investors to determine whether Mexico 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 Mexico with respect to the benefits of owning Mexico Closed security.
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