Matson Money Equity Fund Market Value
| FMVUX Fund | USD 37.74 0.06 0.16% |
| Symbol | Matson |
Please note, there is a significant difference between Matson Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matson Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matson Money'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.
Matson Money '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 Matson Money'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 Matson Money.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Matson Money on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Matson Money Equity or generate 0.0% return on investment in Matson Money over 210 days. Matson Money is related to or competes with Goldman Sachs, Small Company, Rational Defensive, William Blair, Pace Large, and Nationwide Growth. Matson Money is entity of United States. It is traded as Fund on NMFQS exchange. More
Matson Money 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 Matson Money'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 Matson Money Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8375 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.49 |
Matson Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matson Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matson Money's standard deviation. In reality, there are many statistical measures that can use Matson Money historical prices to predict the future Matson Money's volatility.| Risk Adjusted Performance | 0.1022 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1003 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matson Money'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.
Matson Money Equity Backtested Returns
At this stage we consider Matson Mutual Fund to be very steady. Matson Money Equity has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Matson Money, which you can use to evaluate the volatility of the fund. Please verify Matson Money's Mean Deviation of 0.7128, downside deviation of 0.8375, and Risk Adjusted Performance of 0.1022 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. The fund secures a Beta (Market Risk) of 1.24, 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, Matson Money will likely underperform.
Auto-correlation | 0.33 |
Below average predictability
Matson Money Equity has below average predictability. Overlapping area represents the amount of predictability between Matson Money time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 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 Matson Money Equity price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Matson Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
Matson Money Equity lagged returns against current returns
Autocorrelation, which is Matson Money 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 Matson Money's mutual fund expected returns. We can calculate the autocorrelation of Matson Money returns to help us make a trade decision. For example, suppose you find that Matson Money 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 |
Matson Money 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 Matson Money mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matson Money mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matson Money mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Matson Money Lagged Returns
When evaluating Matson Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matson Money mutual fund have on its future price. Matson Money 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, Matson Money autocorrelation shows the relationship between Matson Money mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Matson Money Equity.
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 Matson Mutual Fund
Matson Money financial ratios help investors to determine whether Matson 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 Matson with respect to the benefits of owning Matson Money security.
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