Mkeax Fund Market Value

MKEAX Fund   15.31  0.05  0.33%   
Mkeax's market value is the price at which a share of Mkeax trades on a public exchange. It measures the collective expectations of Mkeax investors about its performance. Mkeax is trading at 15.31 as of the 20th of July 2025; that is 0.33% down since the beginning of the trading day. The fund's open price was 15.36.
With this module, you can estimate the performance of a buy and hold strategy of Mkeax and determine expected loss or profit from investing in Mkeax over a given investment horizon. Check out Mkeax Correlation, Mkeax Volatility and Mkeax Alpha and Beta module to complement your research on Mkeax.
Symbol

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

Mkeax '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 Mkeax'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 Mkeax.
0.00
04/21/2025
No Change 0.00  0.0 
In 2 months and 31 days
07/20/2025
0.00
If you would invest  0.00  in Mkeax on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Mkeax or generate 0.0% return on investment in Mkeax over 90 days. Mkeax is related to or competes with Msift High, Ab High, Lord Abbett, Blackrock High, Metropolitan West, and Americafirst Monthly. The fund seeks to achieve its investment objective through a fully managed investment policy utilizing global equity sec... More

Mkeax 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 Mkeax'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 Mkeax upside and downside potential and time the market with a certain degree of confidence.

Mkeax Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mkeax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mkeax's standard deviation. In reality, there are many statistical measures that can use Mkeax historical prices to predict the future Mkeax's volatility.
Hype
Prediction
LowEstimatedHigh
14.2615.3116.36
Details
Intrinsic
Valuation
LowRealHigh
15.2716.3217.37
Details
Naive
Forecast
LowNextHigh
14.0615.1116.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.1415.2815.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mkeax. Your research has to be compared to or analyzed against Mkeax's peers to derive any actionable benefits. When done correctly, Mkeax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mkeax.

Mkeax Backtested Returns

Mkeax appears to be very steady, given 3 months investment horizon. Mkeax has Sharpe Ratio of 0.36, which conveys that the entity had a 0.36 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mkeax, which you can use to evaluate the volatility of the fund. Please exercise Mkeax's Downside Deviation of 0.9234, risk adjusted performance of 0.2408, and Mean Deviation of 0.8314 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.98, which conveys possible diversification benefits within a given portfolio. Mkeax returns are very sensitive to returns on the market. As the market goes up or down, Mkeax is expected to follow.

Auto-correlation

    
  0.72  

Good predictability

Mkeax has good predictability. Overlapping area represents the amount of predictability between Mkeax time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Mkeax price movement. The serial correlation of 0.72 indicates that around 72.0% of current Mkeax price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.08

Mkeax lagged returns against current returns

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

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

Mkeax Lagged Returns

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

Also Currently Popular

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Other Information on Investing in Mkeax Mutual Fund

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