Meridian Trarian Fund Market Value
| MFCCX Fund | USD 34.62 0.45 1.32% |
| Symbol | Meridian |
Meridian Trarian '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 Meridian Trarian'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 Meridian Trarian.
| 01/11/2024 |
| 01/05/2025 |
If you would invest 0.00 in Meridian Trarian on January 11, 2024 and sell it all today you would earn a total of 0.00 from holding Meridian Trarian Fund or generate 0.0% return on investment in Meridian Trarian over 360 days. Meridian Trarian is related to or competes with Amg Gwk, Invesco Disciplined, HUMANA, Barloworld, Thrivent High, Morningstar Unconstrained, and High Yield. The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business long-ter... More
Meridian Trarian 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 Meridian Trarian'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 Meridian Trarian Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.45 |
Meridian Trarian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Trarian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridian Trarian's standard deviation. In reality, there are many statistical measures that can use Meridian Trarian historical prices to predict the future Meridian Trarian's volatility.| Risk Adjusted Performance | 0.0016 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridian Trarian'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.
Meridian Trarian Backtested Returns
At this stage we consider Meridian Mutual Fund to be very steady. Meridian Trarian has Sharpe Ratio of 0.0052, which conveys that the entity had a 0.0052% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Meridian Trarian, which you can use to evaluate the volatility of the fund. Please verify Meridian Trarian's Standard Deviation of 1.06, risk adjusted performance of 0.0016, and Mean Deviation of 0.7608 to check out if the risk estimate we provide is consistent with the expected return of 0.0055%. The fund secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Meridian Trarian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meridian Trarian is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Meridian Trarian Fund has virtually no predictability. Overlapping area represents the amount of predictability between Meridian Trarian time series from 11th of January 2024 to 9th of July 2024 and 9th of July 2024 to 5th of January 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 Meridian Trarian price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Meridian Trarian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
Meridian Trarian lagged returns against current returns
Autocorrelation, which is Meridian Trarian 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 Meridian Trarian's mutual fund expected returns. We can calculate the autocorrelation of Meridian Trarian returns to help us make a trade decision. For example, suppose you find that Meridian Trarian 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 |
Meridian Trarian 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 Meridian Trarian mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridian Trarian mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridian Trarian mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Meridian Trarian Lagged Returns
When evaluating Meridian Trarian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridian Trarian mutual fund have on its future price. Meridian Trarian 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, Meridian Trarian autocorrelation shows the relationship between Meridian Trarian mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Meridian Trarian Fund.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Meridian Mutual Fund
Meridian Trarian financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Trarian security.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |