Muirfield Fund Retail Fund Market Value
| FLMFX Fund | USD 10.57 0.10 0.94% |
| Symbol | Muirfield |
Muirfield Fund '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 Muirfield Fund'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 Muirfield Fund.
| 10/14/2022 |
| 10/03/2024 |
If you would invest 0.00 in Muirfield Fund on October 14, 2022 and sell it all today you would earn a total of 0.00 from holding Muirfield Fund Retail or generate 0.0% return on investment in Muirfield Fund over 720 days. Muirfield Fund is related to or competes with Dynamic Growth, Infrastructure Fund, Quantex Fund, and Spectrum Fund. The fund pursues its investment objective by investing primarily in common and preferred stocks More
Muirfield Fund 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 Muirfield Fund'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 Muirfield Fund Retail upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.83 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 1.64 |
Muirfield Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muirfield Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muirfield Fund's standard deviation. In reality, there are many statistical measures that can use Muirfield Fund historical prices to predict the future Muirfield Fund's volatility.| Risk Adjusted Performance | 0.0504 | |||
| Jensen Alpha | 0.0428 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.5795 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Muirfield Fund'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.
Muirfield Fund Retail Backtested Returns
At this stage we consider Muirfield Mutual Fund to be very steady. Muirfield Fund Retail has Sharpe Ratio of 0.0409, which conveys that the entity had a 0.0409% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Muirfield Fund, which you can use to evaluate the volatility of the fund. Please verify Muirfield Fund's Mean Deviation of 0.7609, downside deviation of 1.24, and Risk Adjusted Performance of 0.0504 to check out if the risk estimate we provide is consistent with the expected return of 0.0436%. The fund secures a Beta (Market Risk) of 0.0904, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Muirfield Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Muirfield Fund is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Muirfield Fund Retail has very good predictability. Overlapping area represents the amount of predictability between Muirfield Fund time series from 14th of October 2022 to 9th of October 2023 and 9th of October 2023 to 3rd of October 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 Muirfield Fund Retail price movement. The serial correlation of 0.81 indicates that around 81.0% of current Muirfield Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Muirfield Fund Retail lagged returns against current returns
Autocorrelation, which is Muirfield Fund 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 Muirfield Fund's mutual fund expected returns. We can calculate the autocorrelation of Muirfield Fund returns to help us make a trade decision. For example, suppose you find that Muirfield Fund 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 |
Muirfield Fund 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 Muirfield Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muirfield Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muirfield Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Muirfield Fund Lagged Returns
When evaluating Muirfield Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muirfield Fund mutual fund have on its future price. Muirfield Fund 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, Muirfield Fund autocorrelation shows the relationship between Muirfield Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Muirfield Fund Retail.
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 Muirfield Mutual Fund
Muirfield Fund financial ratios help investors to determine whether Muirfield 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 Muirfield with respect to the benefits of owning Muirfield Fund security.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Global Correlations Find global opportunities by holding instruments from different markets |