Mexico Closed Fund Market Value
| MXF Fund | USD 14.49 0.21 1.47% |
| Symbol | Mexico |
Mexico Closed '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 Mexico Closed's 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 Mexico Closed.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Mexico Closed on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Mexico Closed or generate 0.0% return on investment in Mexico Closed over 90 days. Mexico Closed is related to or competes with Blackrock Muniyield, Pimco New, First Trust, Swiss Helvetia, NXG NextGen, Central Europe, and Taiwan Closed. The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo Mxico, S.C More
Mexico Closed 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 Mexico Closed's 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 Mexico Closed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.1497 | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.49 |
Mexico Closed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexico Closed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mexico Closed's standard deviation. In reality, there are many statistical measures that can use Mexico Closed historical prices to predict the future Mexico Closed's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.1335 | |||
| Total Risk Alpha | 0.2639 | |||
| Sortino Ratio | 0.1366 | |||
| Treynor Ratio | 0.2596 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mexico Closed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mexico Closed Backtested Returns
At this point, Mexico Closed is very steady. Mexico Closed has Sharpe Ratio of 0.0811, which conveys that the entity had a 0.0811 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mexico Closed, which you can use to evaluate the volatility of the fund. Please verify Mexico Closed's Downside Deviation of 1.49, mean deviation of 1.08, and Risk Adjusted Performance of 0.0704 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. The fund secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mexico Closed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mexico Closed is expected to be smaller as well.
Auto-correlation | -0.27 |
Weak reverse predictability
Mexico Closed has weak reverse predictability. Overlapping area represents the amount of predictability between Mexico Closed time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Mexico Closed price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Mexico Closed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Mexico Closed lagged returns against current returns
Autocorrelation, which is Mexico Closed 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 Mexico Closed's fund expected returns. We can calculate the autocorrelation of Mexico Closed returns to help us make a trade decision. For example, suppose you find that Mexico Closed has exhibited high autocorrelation historically, and you observe that the 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 |
Mexico Closed 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 Mexico Closed fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mexico Closed fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mexico Closed fund over time.
Current vs Lagged Prices |
| Timeline |
Mexico Closed Lagged Returns
When evaluating Mexico Closed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mexico Closed fund have on its future price. Mexico Closed 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, Mexico Closed autocorrelation shows the relationship between Mexico Closed fund current value and its past values and can show if there is a momentum factor associated with investing in Mexico Closed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mexico Fund
Mexico Closed financial ratios help investors to determine whether Mexico 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 Mexico with respect to the benefits of owning Mexico Closed security.
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