Meridian Trarian Fund Market Value

MFCAX Fund  USD 36.89  0.59  1.63%   
Meridian Trarian's market value is the price at which a share of Meridian Trarian trades on a public exchange. It measures the collective expectations of Meridian Trarian Fund investors about its performance. Meridian Trarian is trading at 36.89 as of the 28th of March 2024; that is 1.63% increase since the beginning of the trading day. The fund's open price was 36.3.
With this module, you can estimate the performance of a buy and hold strategy of Meridian Trarian Fund and determine expected loss or profit from investing in Meridian Trarian over a given investment horizon. Check out Meridian Trarian Correlation, Meridian Trarian Volatility and Meridian Trarian Alpha and Beta module to complement your research on Meridian Trarian.
Symbol

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

Meridian Trarian '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 Meridian Trarian'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 Meridian Trarian.
0.00
04/03/2023
No Change 0.00  0.0 
In 11 months and 27 days
03/28/2024
0.00
If you would invest  0.00  in Meridian Trarian on April 3, 2023 and sell it all today you would earn a total of 0.00 from holding Meridian Trarian Fund or generate 0.0% return on investment in Meridian Trarian over 360 days. Meridian Trarian is related to or competes with USCF Gold, Meridian Equity, Meridian Growth, Meridian Trarian, Meridian Equity, Meridian Growth, and Meridian Equity. The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business long-ter... More

Meridian Trarian 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 Meridian Trarian'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 Meridian Trarian Fund upside and downside potential and time the market with a certain degree of confidence.

Meridian Trarian Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Trarian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridian Trarian's standard deviation. In reality, there are many statistical measures that can use Meridian Trarian historical prices to predict the future Meridian Trarian's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridian Trarian'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
0.000.000.92
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.92
Details
Naive
Forecast
LowNextHigh
35.5836.5037.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.1436.6937.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Meridian Trarian. Your research has to be compared to or analyzed against Meridian Trarian's peers to derive any actionable benefits. When done correctly, Meridian Trarian'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 Meridian Trarian Fund.

Meridian Trarian Fund Backtested Returns

We consider Meridian Trarian out of control. Meridian Trarian Fund has Sharpe Ratio of 0.0969, which conveys that the entity had a 0.0969% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Meridian Trarian, which you can use to evaluate the volatility of the fund. Please verify Meridian Trarian's Mean Deviation of 0.7038, risk adjusted performance of 0.0655, and Downside Deviation of 1.03 to check out if the risk estimate we provide is consistent with the expected return of 0.0895%. The fund secures a Beta (Market Risk) of 1.45, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Meridian Trarian will likely underperform.

Auto-correlation

    
  0.46  

Average predictability

Meridian Trarian Fund has average predictability. Overlapping area represents the amount of predictability between Meridian Trarian time series from 3rd of April 2023 to 30th of September 2023 and 30th of September 2023 to 28th of March 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 Meridian Trarian Fund price movement. The serial correlation of 0.46 indicates that about 46.0% of current Meridian Trarian price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.45
Residual Average0.0
Price Variance4.33

Meridian Trarian Fund lagged returns against current returns

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

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

Meridian Trarian Lagged Returns

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

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Check out Meridian Trarian Correlation, Meridian Trarian Volatility and Meridian Trarian Alpha and Beta module to complement your research on Meridian Trarian.
Note that the Meridian Trarian Fund information on this page should be used as a complementary analysis to other Meridian Trarian's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Meridian Trarian's price analysis, check to measure Meridian Trarian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meridian Trarian is operating at the current time. Most of Meridian Trarian's value examination focuses on studying past and present price action to predict the probability of Meridian Trarian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridian Trarian's price. Additionally, you may evaluate how the addition of Meridian Trarian to your portfolios can decrease your overall portfolio volatility.
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Meridian Trarian technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Meridian Trarian technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meridian Trarian trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...