Mm Sp 500 Fund Market Value
| MMFFX Fund | USD 13.64 0.14 1.04% |
| Symbol | MMFFX |
Mm Sp '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 Mm Sp'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 Mm Sp.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Mm Sp on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Mm Sp 500 or generate 0.0% return on investment in Mm Sp over 720 days. Mm Sp is related to or competes with Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, and Massmutual Select. The fund invests at least 80 percent of its net assets in the equity securities of companies included within the SP 500 ... More
Mm Sp 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 Mm Sp'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 Mm Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 27.62 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.04 |
Mm Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mm Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mm Sp's standard deviation. In reality, there are many statistical measures that can use Mm Sp historical prices to predict the future Mm Sp's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.32) |
Mm Sp 500 Backtested Returns
Mm Sp 500 retains Efficiency (Sharpe Ratio) of -0.0957, which conveys that the entity had a -0.0957% return per unit of price deviation over the last 3 months. Mm Sp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mm Sp's Information Ratio of (0.11), market risk adjusted performance of (0.31), and Mean Deviation of 1.02 to check out the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Mm Sp returns are very sensitive to returns on the market. As the market goes up or down, Mm Sp is expected to follow.
Auto-correlation | 0.61 |
Good predictability
Mm Sp 500 has good predictability. Overlapping area represents the amount of predictability between Mm Sp time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Mm Sp 500 price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Mm Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
Mm Sp 500 lagged returns against current returns
Autocorrelation, which is Mm Sp 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 Mm Sp's mutual fund expected returns. We can calculate the autocorrelation of Mm Sp returns to help us make a trade decision. For example, suppose you find that Mm Sp 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 |
Mm Sp 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 Mm Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mm Sp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mm Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mm Sp Lagged Returns
When evaluating Mm Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mm Sp mutual fund have on its future price. Mm Sp 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, Mm Sp autocorrelation shows the relationship between Mm Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mm Sp 500.
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 MMFFX Mutual Fund
Mm Sp financial ratios help investors to determine whether MMFFX 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 MMFFX with respect to the benefits of owning Mm Sp security.
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