Metropolitan West Low Fund Market Value

MWLDX Fund  USD 8.36  0.02  0.24%   
Metropolitan West's market value is the price at which a share of Metropolitan West trades on a public exchange. It measures the collective expectations of Metropolitan West Low investors about its performance. Metropolitan West is trading at 8.36 as of the 4th of December 2024; that is 0.24 percent up since the beginning of the trading day. The fund's open price was 8.34.
With this module, you can estimate the performance of a buy and hold strategy of Metropolitan West Low and determine expected loss or profit from investing in Metropolitan West over a given investment horizon. Check out Metropolitan West Correlation, Metropolitan West Volatility and Metropolitan West Alpha and Beta module to complement your research on Metropolitan West.
Symbol

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

Metropolitan West '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 Metropolitan West'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 Metropolitan West.
0.00
10/05/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/04/2024
0.00
If you would invest  0.00  in Metropolitan West on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Metropolitan West Low or generate 0.0% return on investment in Metropolitan West over 60 days. Metropolitan West is related to or competes with Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, Metropolitan West, and Metropolitan West. The fund pursues its objective by investing, under normal circumstances, at least 70 percent of its net assets in highly... More

Metropolitan West 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 Metropolitan West'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 Metropolitan West Low upside and downside potential and time the market with a certain degree of confidence.

Metropolitan West Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Metropolitan West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metropolitan West's standard deviation. In reality, there are many statistical measures that can use Metropolitan West historical prices to predict the future Metropolitan West's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metropolitan West'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.
Hype
Prediction
LowEstimatedHigh
8.198.348.49
Details
Intrinsic
Valuation
LowRealHigh
8.168.318.46
Details
Naive
Forecast
LowNextHigh
8.208.348.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.328.338.34
Details

Metropolitan West Low Backtested Returns

Metropolitan West Low has Sharpe Ratio of -0.0636, which conveys that the entity had a -0.0636% return per unit of risk over the last 3 months. Metropolitan West exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metropolitan West's Risk Adjusted Performance of (0.03), mean deviation of 0.1146, and Downside Deviation of 0.1884 to check out the risk estimate we provide. 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, Metropolitan West's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metropolitan West is expected to be smaller as well.

Auto-correlation

    
  0.22  

Weak predictability

Metropolitan West Low has weak predictability. Overlapping area represents the amount of predictability between Metropolitan West 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 Metropolitan West Low price movement. The serial correlation of 0.22 indicates that over 22.0% of current Metropolitan West price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.0

Metropolitan West Low lagged returns against current returns

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

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

Metropolitan West Lagged Returns

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

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Other Information on Investing in Metropolitan Mutual Fund

Metropolitan West financial ratios help investors to determine whether Metropolitan 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 Metropolitan with respect to the benefits of owning Metropolitan West security.
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