Muzinich Credit Opportunities Fund Market Value
| MZCSX Fund | USD 9.93 0.01 0.10% |
| Symbol | Muzinich |
Muzinich Credit '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 Muzinich Credit'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 Muzinich Credit.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Muzinich Credit on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Muzinich Credit Opportunities or generate 0.0% return on investment in Muzinich Credit over 30 days. Muzinich Credit is related to or competes with Muzinich, Muzinich, and Muzinich Low. The fund seeks to achieve its objective by allocating the funds assets among various credit sectors of the global fixed ... More
Muzinich Credit 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 Muzinich Credit'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 Muzinich Credit Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.85) | |||
| Maximum Drawdown | 0.7023 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2018 |
Muzinich Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muzinich Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muzinich Credit's standard deviation. In reality, there are many statistical measures that can use Muzinich Credit historical prices to predict the future Muzinich Credit's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (2.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Muzinich Credit'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.
Muzinich Credit Oppo Backtested Returns
Muzinich Credit Oppo has Sharpe Ratio of -0.0292, which conveys that the entity had a -0.0292% return per unit of risk over the last 3 months. Muzinich Credit exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Muzinich Credit's Mean Deviation of 0.1203, standard deviation of 0.1558, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0044, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Muzinich Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Muzinich Credit is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
Muzinich Credit Opportunities has average predictability. Overlapping area represents the amount of predictability between Muzinich Credit time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Muzinich Credit Oppo price movement. The serial correlation of 0.48 indicates that about 48.0% of current Muzinich Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Muzinich Credit Oppo lagged returns against current returns
Autocorrelation, which is Muzinich Credit 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 Muzinich Credit's mutual fund expected returns. We can calculate the autocorrelation of Muzinich Credit returns to help us make a trade decision. For example, suppose you find that Muzinich Credit 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 |
Muzinich Credit 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 Muzinich Credit mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muzinich Credit mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muzinich Credit mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Muzinich Credit Lagged Returns
When evaluating Muzinich Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muzinich Credit mutual fund have on its future price. Muzinich Credit 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, Muzinich Credit autocorrelation shows the relationship between Muzinich Credit mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Muzinich Credit Opportunities.
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 Muzinich Mutual Fund
Muzinich Credit financial ratios help investors to determine whether Muzinich 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 Muzinich with respect to the benefits of owning Muzinich Credit security.
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