Mairs Power Small Fund Market Value

MSCFX Fund  USD 33.68  0.21  0.63%   
Mairs Power's market value is the price at which a share of Mairs Power trades on a public exchange. It measures the collective expectations of Mairs Power Small investors about its performance. Mairs Power is trading at 33.68 as of the 5th of December 2024; that is 0.63 percent up since the beginning of the trading day. The fund's open price was 33.47.
With this module, you can estimate the performance of a buy and hold strategy of Mairs Power Small and determine expected loss or profit from investing in Mairs Power over a given investment horizon. Check out Mairs Power Correlation, Mairs Power Volatility and Mairs Power Alpha and Beta module to complement your research on Mairs Power.
Symbol

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

Mairs Power '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 Mairs Power'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 Mairs Power.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Mairs Power on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Mairs Power Small or generate 0.0% return on investment in Mairs Power over 720 days. Mairs Power is related to or competes with Mairs Power, Mairs Power, Parnassus Mid, and International Fund. The fund normally will invest at least 80 percent of its net assets in U.S More

Mairs Power 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 Mairs Power'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 Mairs Power Small upside and downside potential and time the market with a certain degree of confidence.

Mairs Power Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mairs Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mairs Power's standard deviation. In reality, there are many statistical measures that can use Mairs Power historical prices to predict the future Mairs Power's volatility.
Hype
Prediction
LowEstimatedHigh
32.4033.6834.96
Details
Intrinsic
Valuation
LowRealHigh
31.9733.2534.53
Details
Naive
Forecast
LowNextHigh
32.7434.0235.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.5433.2333.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mairs Power. Your research has to be compared to or analyzed against Mairs Power's peers to derive any actionable benefits. When done correctly, Mairs Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mairs Power Small.

Mairs Power Small Backtested Returns

Mairs Power appears to be very steady, given 3 months investment horizon. Mairs Power Small 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-seven technical indicators for Mairs Power, which you can use to evaluate the volatility of the fund. Please exercise Mairs Power's Downside Deviation of 1.17, risk adjusted performance of 0.0618, and Mean Deviation of 0.9082 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mairs Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mairs Power is expected to be smaller as well.

Auto-correlation

    
  -0.22  

Weak reverse predictability

Mairs Power Small has weak reverse predictability. Overlapping area represents the amount of predictability between Mairs Power time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Mairs Power Small price movement. The serial correlation of -0.22 indicates that over 22.0% of current Mairs Power price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test-0.2
Residual Average0.0
Price Variance1.84

Mairs Power Small lagged returns against current returns

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

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

Mairs Power Lagged Returns

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

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Other Information on Investing in Mairs Mutual Fund

Mairs Power financial ratios help investors to determine whether Mairs 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 Mairs with respect to the benefits of owning Mairs Power security.
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