Marsico International Opportunities Fund Market Value
| MIOFX Fund | USD 25.47 0.37 1.47% |
| Symbol | Marsico |
Marsico International '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 Marsico International'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 Marsico International.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Marsico International on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Marsico International Opportunities or generate 0.0% return on investment in Marsico International over 30 days. Marsico International is related to or competes with Marsico Growth, Marsico 21st, Marsico Focus, Victory Rs, and Marsico Global. The fund invests primarily in foreign securities, such as common stocks of foreign companies that are selected for their... More
Marsico International 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 Marsico International'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 Marsico International Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.47 |
Marsico International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marsico International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marsico International's standard deviation. In reality, there are many statistical measures that can use Marsico International historical prices to predict the future Marsico International's volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0805 |
Marsico International Backtested Returns
At this stage we consider Marsico Mutual Fund to be very steady. Marsico International has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Marsico International, which you can use to evaluate the volatility of the fund. Please verify Marsico International's Risk Adjusted Performance of 0.0555, mean deviation of 0.7757, and Downside Deviation of 1.17 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. The fund secures a Beta (Market Risk) of 0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marsico International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marsico International is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
Marsico International Opportunities has very good predictability. Overlapping area represents the amount of predictability between Marsico International time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Marsico International price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Marsico International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Marsico International lagged returns against current returns
Autocorrelation, which is Marsico International 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 Marsico International's mutual fund expected returns. We can calculate the autocorrelation of Marsico International returns to help us make a trade decision. For example, suppose you find that Marsico International 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 |
Marsico International 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 Marsico International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marsico International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marsico International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Marsico International Lagged Returns
When evaluating Marsico International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marsico International mutual fund have on its future price. Marsico International 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, Marsico International autocorrelation shows the relationship between Marsico International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Marsico International 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 Marsico Mutual Fund
Marsico International financial ratios help investors to determine whether Marsico 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 Marsico with respect to the benefits of owning Marsico International security.
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