Marsico 21st Century Fund Market Value
| MXXIX Fund | USD 48.49 1.56 3.32% |
| Symbol | Marsico |
Marsico 21st '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 Marsico 21st'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 Marsico 21st.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Marsico 21st on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Marsico 21st Century or generate 0.0% return on investment in Marsico 21st over 90 days. Marsico 21st is related to or competes with Hodges Fund, Royce Smaller, Marsico International, Marsico Focus, and Kinetics Paradigm. The fund invests primarily in common stocks that are selected for their long-term growth potential More
Marsico 21st 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 Marsico 21st'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 Marsico 21st Century upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.99 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 1.89 |
Marsico 21st Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marsico 21st's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marsico 21st's standard deviation. In reality, there are many statistical measures that can use Marsico 21st historical prices to predict the future Marsico 21st's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.21) |
Marsico 21st Century Backtested Returns
Marsico 21st Century has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12 % return per unit of risk over the last 3 months. Marsico 21st exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marsico 21st's Standard Deviation of 1.67, mean deviation of 1.32, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.03, which conveys a somewhat significant risk relative to the market. Marsico 21st returns are very sensitive to returns on the market. As the market goes up or down, Marsico 21st is expected to follow.
Auto-correlation | -0.38 |
Poor reverse predictability
Marsico 21st Century has poor reverse predictability. Overlapping area represents the amount of predictability between Marsico 21st time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Marsico 21st Century price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Marsico 21st price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 5.18 |
Marsico 21st Century lagged returns against current returns
Autocorrelation, which is Marsico 21st 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 Marsico 21st's mutual fund expected returns. We can calculate the autocorrelation of Marsico 21st returns to help us make a trade decision. For example, suppose you find that Marsico 21st 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 |
Marsico 21st 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 Marsico 21st mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marsico 21st mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marsico 21st mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Marsico 21st Lagged Returns
When evaluating Marsico 21st's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marsico 21st mutual fund have on its future price. Marsico 21st 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, Marsico 21st autocorrelation shows the relationship between Marsico 21st mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Marsico 21st Century.
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.Other Information on Investing in Marsico Mutual Fund
Marsico 21st financial ratios help investors to determine whether Marsico 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 Marsico with respect to the benefits of owning Marsico 21st security.
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