Mercer Non Us Core Fund Market Value
| MNCEX Fund | USD 12.75 0.11 0.87% |
| Symbol | Mercer |
Mercer Non '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 Mercer Non'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 Mercer Non.
| 05/01/2025 |
| 07/30/2025 |
If you would invest 0.00 in Mercer Non on May 1, 2025 and sell it all today you would earn a total of 0.00 from holding Mercer Non US Core or generate 0.0% return on investment in Mercer Non over 90 days. Mercer Non is related to or competes with Wells Fargo, American Funds, Victory Diversified, Columbia Diversified, and Elfun Diversified. The fund invests principally in equity securities issued by non-U.S More
Mercer Non 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 Mercer Non'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 Mercer Non US Core upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.608 | |||
| Information Ratio | (0.0008) | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.24 |
Mercer Non Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercer Non's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercer Non's standard deviation. In reality, there are many statistical measures that can use Mercer Non historical prices to predict the future Mercer Non's volatility.| Risk Adjusted Performance | 0.226 | |||
| Jensen Alpha | 0.2087 | |||
| Total Risk Alpha | 0.0292 | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | (1.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mercer Non'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.
Mercer Non Core Backtested Returns
At this stage we consider Mercer Mutual Fund to be very steady. Mercer Non Core has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mercer Non, which you can use to evaluate the volatility of the fund. Please verify Mercer Non's Downside Deviation of 0.608, mean deviation of 0.4659, and Risk Adjusted Performance of 0.226 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. The fund secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mercer Non are expected to decrease at a much lower rate. During the bear market, Mercer Non is likely to outperform the market.
Auto-correlation | 0.74 |
Good predictability
Mercer Non US Core has good predictability. Overlapping area represents the amount of predictability between Mercer Non time series from 1st of May 2025 to 15th of June 2025 and 15th of June 2025 to 30th 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 Mercer Non Core price movement. The serial correlation of 0.74 indicates that around 74.0% of current Mercer Non price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mercer Non Core lagged returns against current returns
Autocorrelation, which is Mercer Non 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 Mercer Non's mutual fund expected returns. We can calculate the autocorrelation of Mercer Non returns to help us make a trade decision. For example, suppose you find that Mercer Non 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 |
Mercer Non 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 Mercer Non mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercer Non mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercer Non mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mercer Non Lagged Returns
When evaluating Mercer Non's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercer Non mutual fund have on its future price. Mercer Non 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, Mercer Non autocorrelation shows the relationship between Mercer Non mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mercer Non US Core.
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 Mercer Mutual Fund
Mercer Non financial ratios help investors to determine whether Mercer 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 Mercer with respect to the benefits of owning Mercer Non security.
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