Manning Napier Rainier Fund Market Value

RAIWX Fund  USD 24.22  0.16  0.67%   
Manning Napier's market value is the price at which a share of Manning Napier trades on a public exchange. It measures the collective expectations of Manning Napier Rainier investors about its performance. Manning Napier is trading at 24.22 as of the 4th of December 2024; that is 0.67% up since the beginning of the trading day. The fund's open price was 24.06.
With this module, you can estimate the performance of a buy and hold strategy of Manning Napier Rainier and determine expected loss or profit from investing in Manning Napier over a given investment horizon. Check out Manning Napier Correlation, Manning Napier Volatility and Manning Napier Alpha and Beta module to complement your research on Manning Napier.
Symbol

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

Manning Napier '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 Manning Napier'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 Manning Napier.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Manning Napier on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Manning Napier Rainier or generate 0.0% return on investment in Manning Napier over 30 days. Manning Napier is related to or competes with Dunham Real, Columbia Real, Commonwealth Real, Guggenheim Risk, and Columbia Real. The fund will invest primarily in equity securities of foreign developed and emerging market companies that are small- t... More

Manning Napier 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 Manning Napier'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 Manning Napier Rainier upside and downside potential and time the market with a certain degree of confidence.

Manning Napier Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Manning Napier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manning Napier's standard deviation. In reality, there are many statistical measures that can use Manning Napier historical prices to predict the future Manning Napier's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manning Napier'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
23.4924.2224.95
Details
Intrinsic
Valuation
LowRealHigh
23.4224.1524.88
Details
Naive
Forecast
LowNextHigh
23.7524.4925.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.3223.6924.06
Details

Manning Napier Rainier Backtested Returns

At this stage we consider Manning Mutual Fund to be very steady. Manning Napier Rainier has Sharpe Ratio of 0.0276, which conveys that the entity had a 0.0276% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Manning Napier, which you can use to evaluate the volatility of the fund. Please verify Manning Napier's Standard Deviation of 0.7617, risk adjusted performance of (0.02), and Mean Deviation of 0.5898 to check out if the risk estimate we provide is consistent with the expected return of 0.0203%. 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, Manning Napier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manning Napier is expected to be smaller as well.

Auto-correlation

    
  -0.78  

Almost perfect reverse predictability

Manning Napier Rainier has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Manning Napier time series from 4th of November 2024 to 19th of November 2024 and 19th 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 Manning Napier Rainier price movement. The serial correlation of -0.78 indicates that around 78.0% of current Manning Napier price fluctuation can be explain by its past prices.
Correlation Coefficient-0.78
Spearman Rank Test-0.67
Residual Average0.0
Price Variance0.1

Manning Napier Rainier lagged returns against current returns

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

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

Manning Napier Lagged Returns

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

Manning Napier financial ratios help investors to determine whether Manning 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 Manning with respect to the benefits of owning Manning Napier security.
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