More Mutual's market value is the price at which a share of More Mutual trades on a public exchange. It measures the collective expectations of More Mutual Funds investors about its performance. More Mutual is trading at 7338.00 as of the 4th of March 2025, a 1.00 percent up since the beginning of the trading day. The stock's open price was 7265.0. With this module, you can estimate the performance of a buy and hold strategy of More Mutual Funds and determine expected loss or profit from investing in More Mutual over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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More Mutual '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 More Mutual's stock 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 More Mutual.
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02/02/2025
No Change 0.00
0.0
In 31 days
03/04/2025
0.00
If you would invest 0.00 in More Mutual on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding More Mutual Funds or generate 0.0% return on investment in More Mutual over 30 days.
More Mutual 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 More Mutual's stock 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 More Mutual Funds upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for More Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as More Mutual's standard deviation. In reality, there are many statistical measures that can use More Mutual historical prices to predict the future More Mutual's volatility.
More Mutual appears to be very steady, given 3 months investment horizon. More Mutual Funds has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for More Mutual, which you can use to evaluate the volatility of the firm. Please exercise More Mutual's Downside Deviation of 0.896, risk adjusted performance of 0.2276, and Mean Deviation of 0.8474 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, More Mutual holds a performance score of 14. The company secures a Beta (Market Risk) of 0.0681, which conveys not very significant fluctuations relative to the market. As returns on the market increase, More Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding More Mutual is expected to be smaller as well. Please check More Mutual's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether More Mutual's current price movements will revert.
Auto-correlation
-0.46
Modest reverse predictability
More Mutual Funds has modest reverse predictability. Overlapping area represents the amount of predictability between More Mutual time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 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 More Mutual Funds price movement. The serial correlation of -0.46 indicates that about 46.0% of current More Mutual price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.46
Spearman Rank Test
-0.52
Residual Average
0.0
Price Variance
8029.11
More Mutual Funds lagged returns against current returns
Autocorrelation, which is More Mutual stock'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 More Mutual's stock expected returns. We can calculate the autocorrelation of More Mutual returns to help us make a trade decision. For example, suppose you find that More Mutual has exhibited high autocorrelation historically, and you observe that the stock 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
More Mutual 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 More Mutual stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if More Mutual stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in More Mutual stock over time.
Current vs Lagged Prices
Timeline
More Mutual Lagged Returns
When evaluating More Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of More Mutual stock have on its future price. More Mutual 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, More Mutual autocorrelation shows the relationship between More Mutual stock current value and its past values and can show if there is a momentum factor associated with investing in More Mutual Funds.
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.