The Merger Fund Market Value
| MERIX Fund | USD 17.40 0.02 0.11% |
| Symbol | Merger |
Merger 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 Merger 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 Merger Fund.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Merger Fund on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding The Merger Fund or generate 0.0% return on investment in Merger Fund over 180 days. Merger Fund is related to or competes with Strategic Advisers, Strategic Advisers, Strategic Advisers, and Strategic Advisers. Under normal market conditions, the fund invests at least 80 percent of its total assets principally in the common stock... More
Merger 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 Merger 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 The Merger Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1883 | |||
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 0.804 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2318 |
Merger Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merger Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merger Fund's standard deviation. In reality, there are many statistical measures that can use Merger Fund historical prices to predict the future Merger Fund's volatility.| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.48) | |||
| Treynor Ratio | (0.01) |
Merger Fund Backtested Returns
At this stage we consider Merger Mutual Fund to be very steady. Merger Fund has Sharpe Ratio of 0.0465, which conveys that the entity had a 0.0465% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Merger Fund, which you can use to evaluate the volatility of the fund. Please verify Merger Fund's Downside Deviation of 0.1883, insignificant market risk adjusted performance, and Risk Adjusted Performance of 0.0046 to check out if the risk estimate we provide is consistent with the expected return of 0.0072%. The fund secures a Beta (Market Risk) of 0.0859, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Merger Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Merger Fund is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
The Merger Fund has very weak predictability. Overlapping area represents the amount of predictability between Merger Fund time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th of December 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 Merger Fund price movement. The serial correlation of 0.18 indicates that over 18.0% of current Merger Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Merger Fund lagged returns against current returns
Autocorrelation, which is Merger 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 Merger Fund's mutual fund expected returns. We can calculate the autocorrelation of Merger Fund returns to help us make a trade decision. For example, suppose you find that Merger 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 |
Merger 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 Merger Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merger 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 Merger Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Merger Fund Lagged Returns
When evaluating Merger Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merger Fund mutual fund have on its future price. Merger 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, Merger Fund autocorrelation shows the relationship between Merger Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Merger Fund.
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 Merger Mutual Fund
Merger Fund financial ratios help investors to determine whether Merger 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 Merger with respect to the benefits of owning Merger Fund security.
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