Mesirow Financial High Fund Market Value
| MFHVX Fund | USD 8.56 0.01 0.12% |
| Symbol | Mesirow |
Mesirow Financial '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 Mesirow Financial'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 Mesirow Financial.
| 07/07/2024 |
| 10/05/2024 |
If you would invest 0.00 in Mesirow Financial on July 7, 2024 and sell it all today you would earn a total of 0.00 from holding Mesirow Financial High or generate 0.0% return on investment in Mesirow Financial over 90 days. Mesirow Financial is related to or competes with Calvert High, Metropolitan West, Artisan High, Franklin High, Ppm High, Vanguard High-yield, and Ab Global. The investment seeks to provide a high level of current income consistent with the preservation of principal More
Mesirow Financial 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 Mesirow Financial'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 Mesirow Financial High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2451 | |||
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 0.9546 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.2392 |
Mesirow Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mesirow Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mesirow Financial's standard deviation. In reality, there are many statistical measures that can use Mesirow Financial historical prices to predict the future Mesirow Financial's volatility.| Risk Adjusted Performance | 0.1665 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | 0.0099 | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.2824 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mesirow Financial'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.
Mesirow Financial High Backtested Returns
At this stage we consider Mesirow Mutual Fund to be very steady. Mesirow Financial High has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mesirow Financial, which you can use to evaluate the volatility of the fund. Please verify Mesirow Financial's Mean Deviation of 0.1162, risk adjusted performance of 0.1665, and Coefficient Of Variation of 392.11 to check out if the risk estimate we provide is consistent with the expected return of 0.0408%. The fund secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mesirow Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mesirow Financial is expected to be smaller as well.
Auto-correlation | 0.22 |
Weak predictability
Mesirow Financial High has weak predictability. Overlapping area represents the amount of predictability between Mesirow Financial time series from 7th of July 2024 to 21st of August 2024 and 21st of August 2024 to 5th of October 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 Mesirow Financial High price movement. The serial correlation of 0.22 indicates that over 22.0% of current Mesirow Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mesirow Financial High lagged returns against current returns
Autocorrelation, which is Mesirow Financial 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 Mesirow Financial's mutual fund expected returns. We can calculate the autocorrelation of Mesirow Financial returns to help us make a trade decision. For example, suppose you find that Mesirow Financial 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 |
Mesirow Financial 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 Mesirow Financial mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mesirow Financial mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mesirow Financial mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mesirow Financial Lagged Returns
When evaluating Mesirow Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mesirow Financial mutual fund have on its future price. Mesirow Financial 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, Mesirow Financial autocorrelation shows the relationship between Mesirow Financial mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mesirow Financial High.
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 Mesirow Mutual Fund
Mesirow Financial financial ratios help investors to determine whether Mesirow 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 Mesirow with respect to the benefits of owning Mesirow Financial security.
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