Pro Blend Moderate Term Fund Market Value
| MNMCX Fund | USD 15.08 0.04 0.27% |
| Symbol | Pro-blend(r) |
Pro-blend(r) Moderate '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 Pro-blend(r) Moderate'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 Pro-blend(r) Moderate.
| 10/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Pro-blend(r) Moderate on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pro Blend Moderate Term or generate 0.0% return on investment in Pro-blend(r) Moderate over 60 days. Pro-blend(r) Moderate is related to or competes with Bbh Intermediate, Volumetric Fund, Balanced Fund, and Falcon Focus. The fund invests primarily in common stocks and intermediate to long-term fixed income securities More
Pro-blend(r) Moderate 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 Pro-blend(r) Moderate'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 Pro Blend Moderate Term upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3563 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.472 |
Pro-blend(r) Moderate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pro-blend(r) Moderate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pro-blend(r) Moderate's standard deviation. In reality, there are many statistical measures that can use Pro-blend(r) Moderate historical prices to predict the future Pro-blend(r) Moderate's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | 0.1406 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pro-blend(r) Moderate'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.
Pro-blend(r) Moderate Backtested Returns
At this stage we consider Pro-blend(r) Mutual Fund to be very steady. Pro-blend(r) Moderate maintains Sharpe Ratio (i.e., Efficiency) of 0.0515, which implies the entity had a 0.0515% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pro-blend(r) Moderate, which you can use to evaluate the volatility of the fund. Please check Pro-blend(r) Moderate's Coefficient Of Variation of 2164.22, semi deviation of 0.2967, and Risk Adjusted Performance of 0.0212 to confirm if the risk estimate we provide is consistent with the expected return of 0.0164%. The fund holds a Beta of 0.0332, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pro-blend(r) Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pro-blend(r) Moderate is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
Pro Blend Moderate Term has modest reverse predictability. Overlapping area represents the amount of predictability between Pro-blend(r) Moderate time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 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 Pro-blend(r) Moderate price movement. The serial correlation of -0.46 indicates that about 46.0% of current Pro-blend(r) Moderate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pro-blend(r) Moderate lagged returns against current returns
Autocorrelation, which is Pro-blend(r) Moderate 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 Pro-blend(r) Moderate's mutual fund expected returns. We can calculate the autocorrelation of Pro-blend(r) Moderate returns to help us make a trade decision. For example, suppose you find that Pro-blend(r) Moderate 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 |
Pro-blend(r) Moderate 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 Pro-blend(r) Moderate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pro-blend(r) Moderate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pro-blend(r) Moderate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pro-blend(r) Moderate Lagged Returns
When evaluating Pro-blend(r) Moderate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pro-blend(r) Moderate mutual fund have on its future price. Pro-blend(r) Moderate 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, Pro-blend(r) Moderate autocorrelation shows the relationship between Pro-blend(r) Moderate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pro Blend Moderate Term.
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 Pro-blend(r) Mutual Fund
Pro-blend(r) Moderate financial ratios help investors to determine whether Pro-blend(r) 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 Pro-blend(r) with respect to the benefits of owning Pro-blend(r) Moderate security.
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