The Multi Strategy Growth Fund Market Value

MSFIX Fund  USD 11.54  0.03  0.26%   
Multi Strategy's market value is the price at which a share of Multi Strategy trades on a public exchange. It measures the collective expectations of The Multi Strategy Growth investors about its performance. Multi Strategy is trading at 11.54 as of the 25th of December 2024; that is 0.26 percent increase since the beginning of the trading day. The fund's open price was 11.51.
With this module, you can estimate the performance of a buy and hold strategy of The Multi Strategy Growth and determine expected loss or profit from investing in Multi Strategy over a given investment horizon. Check out Multi Strategy Correlation, Multi Strategy Volatility and Multi Strategy Alpha and Beta module to complement your research on Multi Strategy.
Symbol

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

Multi Strategy '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 Multi Strategy'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 Multi Strategy.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Multi Strategy on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Multi Strategy Growth or generate 0.0% return on investment in Multi Strategy over 30 days. Multi Strategy is related to or competes with Lord Abbett, Fidelity Advisor, Delaware Healthcare, Baillie Gifford, Blackrock Health, and Highland Longshort. Multi Strategy is entity of United States More

Multi Strategy 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 Multi Strategy'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 The Multi Strategy Growth upside and downside potential and time the market with a certain degree of confidence.

Multi Strategy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Strategy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Strategy's standard deviation. In reality, there are many statistical measures that can use Multi Strategy historical prices to predict the future Multi Strategy's volatility.
Hype
Prediction
LowEstimatedHigh
11.0211.5412.06
Details
Intrinsic
Valuation
LowRealHigh
11.1011.6212.14
Details

Multi Strategy Backtested Returns

At this stage we consider Multi Mutual Fund to be very steady. Multi Strategy has Sharpe Ratio of 0.0104, which conveys that the entity had a 0.0104% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Multi Strategy, which you can use to evaluate the volatility of the fund. Please verify Multi Strategy's Risk Adjusted Performance of 5.0E-4, downside deviation of 0.6601, and Market Risk Adjusted Performance of (0.01) to check out if the risk estimate we provide is consistent with the expected return of 0.0054%. The fund secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multi Strategy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multi Strategy is expected to be smaller as well.

Auto-correlation

    
  0.79  

Good predictability

The Multi Strategy Growth has good predictability. Overlapping area represents the amount of predictability between Multi Strategy time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 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 Multi Strategy price movement. The serial correlation of 0.79 indicates that around 79.0% of current Multi Strategy price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.02

Multi Strategy lagged returns against current returns

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

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

Multi Strategy Lagged Returns

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

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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 Multi Mutual Fund

Multi Strategy financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Strategy security.
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