Metropolitan West High Fund Market Value

MWHIX Fund  USD 9.26  0.01  0.11%   
Metropolitan West's market value is the price at which a share of Metropolitan West trades on a public exchange. It measures the collective expectations of Metropolitan West High investors about its performance. Metropolitan West is trading at 9.26 as of the 22nd of March 2025; that is 0.11 percent decrease since the beginning of the trading day. The fund's open price was 9.27.
With this module, you can estimate the performance of a buy and hold strategy of Metropolitan West High and determine expected loss or profit from investing in Metropolitan West over a given investment horizon. Check out Metropolitan West Correlation, Metropolitan West Volatility and Metropolitan West Alpha and Beta module to complement your research on Metropolitan West.
Symbol

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

Metropolitan West '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 Metropolitan West'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 Metropolitan West.
0.00
02/20/2025
No Change 0.00  0.0 
In 31 days
03/22/2025
0.00
If you would invest  0.00  in Metropolitan West on February 20, 2025 and sell it all today you would earn a total of 0.00 from holding Metropolitan West High or generate 0.0% return on investment in Metropolitan West over 30 days. Metropolitan West is related to or competes with Federated Total, Global Bond, Government Bond, Aberdeen Global, and Metropolitan West. The fund pursues its objective by investing, under normal circumstances, at least 80 percent of its net assets plus any ... More

Metropolitan West 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 Metropolitan West'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 Metropolitan West High upside and downside potential and time the market with a certain degree of confidence.

Metropolitan West Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Metropolitan West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metropolitan West's standard deviation. In reality, there are many statistical measures that can use Metropolitan West historical prices to predict the future Metropolitan West's volatility.
Hype
Prediction
LowEstimatedHigh
9.089.269.44
Details
Intrinsic
Valuation
LowRealHigh
9.079.259.43
Details
Naive
Forecast
LowNextHigh
9.079.249.42
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.229.289.33
Details

Metropolitan West High Backtested Returns

At this stage we consider Metropolitan Mutual Fund to be very steady. Metropolitan West High has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metropolitan West, which you can use to evaluate the volatility of the fund. Please verify Metropolitan West's Downside Deviation of 0.1911, mean deviation of 0.1181, and Risk Adjusted Performance of 0.0181 to check out if the risk estimate we provide is consistent with the expected return of 0.0251%. The fund secures a Beta (Market Risk) of 0.0686, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metropolitan West's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metropolitan West is expected to be smaller as well.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Metropolitan West High has very good reverse predictability. Overlapping area represents the amount of predictability between Metropolitan West time series from 20th of February 2025 to 7th of March 2025 and 7th of March 2025 to 22nd 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 Metropolitan West High price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Metropolitan West price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0
Metropolitan ReturnsMetropolitan Lagged ReturnsDiversified AwayMetropolitan ReturnsMetropolitan Lagged ReturnsDiversified Away100%

Metropolitan West High lagged returns against current returns

Autocorrelation, which is Metropolitan West 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 Metropolitan West's mutual fund expected returns. We can calculate the autocorrelation of Metropolitan West returns to help us make a trade decision. For example, suppose you find that Metropolitan West 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   
JavaScript chart by amCharts 3.21.15Mar 07Mar 09Mar 11Mar 13Mar 15Mar 17Mar 19Mar 21-0.6%-0.4%-0.2%0%0.2%0.4%0.6%0.8%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Metropolitan West 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 Metropolitan West mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metropolitan West mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metropolitan West mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Mar 07Mar 09Mar 11Mar 13Mar 15Mar 17Mar 19Mar 219.259.269.279.289.299.309.319.329.33
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Metropolitan West Lagged Returns

When evaluating Metropolitan West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metropolitan West mutual fund have on its future price. Metropolitan West 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, Metropolitan West autocorrelation shows the relationship between Metropolitan West mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Metropolitan West High.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Feb 20Feb 24Feb 28MarMar 08Mar 12Mar 16Mar 209.249.259.269.279.289.299.309.319.329.33
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Metropolitan Mutual Fund

Metropolitan West financial ratios help investors to determine whether Metropolitan 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 Metropolitan with respect to the benefits of owning Metropolitan West security.
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