Total Return Bond Fund Market Value

MNTRX Fund  USD 10.88  0.04  0.37%   
Total Return's market value is the price at which a share of Total Return trades on a public exchange. It measures the collective expectations of Total Return Bond investors about its performance. Total Return is trading at 10.88 as of the 24th of December 2024; that is 0.37 percent down since the beginning of the trading day. The fund's open price was 10.92.
With this module, you can estimate the performance of a buy and hold strategy of Total Return Bond and determine expected loss or profit from investing in Total Return over a given investment horizon. Check out Total Return Correlation, Total Return Volatility and Total Return Alpha and Beta module to complement your research on Total Return.
Symbol

Please note, there is a significant difference between Total Return's value and its price as these two are different measures arrived at by different means. Investors typically determine if Total Return is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Total Return'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.

Total Return '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 Total Return'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 Total Return.
0.00
01/04/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/24/2024
0.00
If you would invest  0.00  in Total Return on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Total Return Bond or generate 0.0% return on investment in Total Return over 720 days. Total Return is related to or competes with Mutual Of, Amg River, Valic Company, Vanguard Small, John Hancock, Ab Small, and Great West. The fund normally invests at least 80 percent of its net assets in bonds at least 80 percent of the funds total assets i... More

Total Return 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 Total Return'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 Total Return Bond upside and downside potential and time the market with a certain degree of confidence.

Total Return Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Return's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Return's standard deviation. In reality, there are many statistical measures that can use Total Return historical prices to predict the future Total Return's volatility.
Hype
Prediction
LowEstimatedHigh
10.5610.8811.20
Details
Intrinsic
Valuation
LowRealHigh
10.5110.8311.15
Details

Total Return Bond Backtested Returns

Total Return Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the fund had a -0.18% return per unit of risk over the last 3 months. Total Return Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Total Return's Coefficient Of Variation of (569.48), variance of 0.0993, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide. The entity has a beta of 0.0597, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Total Return's returns are expected to increase less than the market. However, during the bear market, the loss of holding Total Return is expected to be smaller as well.

Auto-correlation

    
  -0.47  

Modest reverse predictability

Total Return Bond has modest reverse predictability. Overlapping area represents the amount of predictability between Total Return time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Total Return Bond price movement. The serial correlation of -0.47 indicates that about 47.0% of current Total Return price fluctuation can be explain by its past prices.
Correlation Coefficient-0.47
Spearman Rank Test-0.2
Residual Average0.0
Price Variance0.06

Total Return Bond lagged returns against current returns

Autocorrelation, which is Total Return 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 Total Return's mutual fund expected returns. We can calculate the autocorrelation of Total Return returns to help us make a trade decision. For example, suppose you find that Total Return 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  

Total Return 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 Total Return mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Total Return mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Total Return mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Total Return Lagged Returns

When evaluating Total Return's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Total Return mutual fund have on its future price. Total Return 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, Total Return autocorrelation shows the relationship between Total Return mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Total Return Bond.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Total Mutual Fund

Total Return financial ratios help investors to determine whether Total 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 Total with respect to the benefits of owning Total Return security.
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