Massmutual Retiresmart 2050 Fund Market Value

MMARX Fund  USD 9.48  0.04  0.42%   
Massmutual Retiresmart's market value is the price at which a share of Massmutual Retiresmart trades on a public exchange. It measures the collective expectations of Massmutual Retiresmart 2050 investors about its performance. Massmutual Retiresmart is trading at 9.48 as of the 4th of December 2024; that is 0.42% up since the beginning of the trading day. The fund's open price was 9.44.
With this module, you can estimate the performance of a buy and hold strategy of Massmutual Retiresmart 2050 and determine expected loss or profit from investing in Massmutual Retiresmart over a given investment horizon. Check out Massmutual Retiresmart Correlation, Massmutual Retiresmart Volatility and Massmutual Retiresmart Alpha and Beta module to complement your research on Massmutual Retiresmart.
Symbol

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

Massmutual Retiresmart '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 Massmutual Retiresmart'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 Massmutual Retiresmart.
0.00
12/15/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/04/2024
0.00
If you would invest  0.00  in Massmutual Retiresmart on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Massmutual Retiresmart 2050 or generate 0.0% return on investment in Massmutual Retiresmart over 720 days. Massmutual Retiresmart is related to or competes with Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, Massmutual Select, and Massmutual Select. The fund is a fund of funds that seeks to achieve its investment objective by investing in a combination of U.S More

Massmutual Retiresmart 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 Massmutual Retiresmart'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 Massmutual Retiresmart 2050 upside and downside potential and time the market with a certain degree of confidence.

Massmutual Retiresmart Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Massmutual Retiresmart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Massmutual Retiresmart's standard deviation. In reality, there are many statistical measures that can use Massmutual Retiresmart historical prices to predict the future Massmutual Retiresmart's volatility.
Hype
Prediction
LowEstimatedHigh
8.919.4810.05
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Intrinsic
Valuation
LowRealHigh
8.759.329.89
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Massmutual Retiresmart Backtested Returns

At this stage we consider Massmutual Mutual Fund to be very steady. Massmutual Retiresmart has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Massmutual Retiresmart, which you can use to evaluate the volatility of the fund. Please verify Massmutual Retiresmart's Risk Adjusted Performance of 0.0718, mean deviation of 0.4718, and Downside Deviation of 0.6796 to check out if the risk estimate we provide is consistent with the expected return of 0.0881%. The fund secures a Beta (Market Risk) of -0.0098, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Massmutual Retiresmart are expected to decrease at a much lower rate. During the bear market, Massmutual Retiresmart is likely to outperform the market.

Auto-correlation

    
  0.49  

Average predictability

Massmutual Retiresmart 2050 has average predictability. Overlapping area represents the amount of predictability between Massmutual Retiresmart time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Massmutual Retiresmart price movement. The serial correlation of 0.49 indicates that about 49.0% of current Massmutual Retiresmart price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.19

Massmutual Retiresmart lagged returns against current returns

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

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

Massmutual Retiresmart Lagged Returns

When evaluating Massmutual Retiresmart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Massmutual Retiresmart mutual fund have on its future price. Massmutual Retiresmart 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, Massmutual Retiresmart autocorrelation shows the relationship between Massmutual Retiresmart mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Massmutual Retiresmart 2050.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Massmutual Mutual Fund

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