Msif International Opportunity Fund Market Value
| MRNPX Fund | USD 29.72 0.05 0.17% |
| Symbol | Msif |
Msif International '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 Msif International'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 Msif International.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Msif International on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Msif International Opportunity or generate 0.0% return on investment in Msif International over 360 days. Msif International is related to or competes with Calvert Global, Oil Gas, Jennison Natural, Dreyfus Natural, Gmo Resources, Hennessy, and Short Oil. The fund invests primarily in established and emerging companies on an international basis, with capitalizations within ... More
Msif International 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 Msif International'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 Msif International Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9304 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.9 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.98 |
Msif International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Msif International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Msif International's standard deviation. In reality, there are many statistical measures that can use Msif International historical prices to predict the future Msif International's volatility.| Risk Adjusted Performance | 0.0964 | |||
| Jensen Alpha | 0.0425 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2005 |
Msif International Backtested Returns
At this stage we consider Msif Mutual Fund to be very steady. Msif International has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Msif International, which you can use to evaluate the volatility of the fund. Please verify Msif International's Downside Deviation of 0.9304, mean deviation of 0.7566, and Risk Adjusted Performance of 0.0964 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. The fund secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Msif International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Msif International is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Msif International Opportunity has good predictability. Overlapping area represents the amount of predictability between Msif International time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Msif International price movement. The serial correlation of 0.77 indicates that around 77.0% of current Msif International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
Msif International lagged returns against current returns
Autocorrelation, which is Msif International 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 Msif International's mutual fund expected returns. We can calculate the autocorrelation of Msif International returns to help us make a trade decision. For example, suppose you find that Msif International 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 |
Msif International 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 Msif International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Msif International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Msif International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Msif International Lagged Returns
When evaluating Msif International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Msif International mutual fund have on its future price. Msif International 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, Msif International autocorrelation shows the relationship between Msif International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Msif International Opportunity.
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 Msif Mutual Fund
Msif International financial ratios help investors to determine whether Msif 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 Msif with respect to the benefits of owning Msif International security.
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