Martin Currie Emerging Fund Market Value

MEFIX Fund  USD 12.35  0.05  0.41%   
Martin Currie's market value is the price at which a share of Martin Currie trades on a public exchange. It measures the collective expectations of Martin Currie Emerging investors about its performance. Martin Currie is trading at 12.35 as of the 28th of March 2024; that is 0.41 percent increase since the beginning of the trading day. The fund's open price was 12.3.
With this module, you can estimate the performance of a buy and hold strategy of Martin Currie Emerging and determine expected loss or profit from investing in Martin Currie over a given investment horizon. Check out Martin Currie Correlation, Martin Currie Volatility and Martin Currie Alpha and Beta module to complement your research on Martin Currie.
Symbol

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

Martin Currie '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 Martin Currie'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 Martin Currie.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Martin Currie on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Martin Currie Emerging or generate 0.0% return on investment in Martin Currie over 30 days. Martin Currie is related to or competes with State Farm, Clearbridge Aggressive, Clearbridge Small, Mfs Global, Qs International, Qs International, and Qs International. Under normal market conditions, the fund pursues its objective by investing at least 80 percent of its net assets plus b... More

Martin Currie 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 Martin Currie'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 Martin Currie Emerging upside and downside potential and time the market with a certain degree of confidence.

Martin Currie Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Martin Currie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Martin Currie's standard deviation. In reality, there are many statistical measures that can use Martin Currie historical prices to predict the future Martin Currie's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Martin Currie'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
11.4412.3513.26
Details
Intrinsic
Valuation
LowRealHigh
11.3412.2513.16
Details
Naive
Forecast
LowNextHigh
11.4312.3413.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.2912.3312.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Martin Currie. Your research has to be compared to or analyzed against Martin Currie's peers to derive any actionable benefits. When done correctly, Martin Currie'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 Martin Currie Emerging.

Martin Currie Emerging Backtested Returns

We consider Martin Currie very steady. Martin Currie Emerging has Sharpe Ratio of 0.0249, which conveys that the entity had a 0.0249% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Martin Currie, which you can use to evaluate the volatility of the fund. Please verify Martin Currie's Risk Adjusted Performance of 0.0327, downside deviation of 1.04, and Mean Deviation of 0.6829 to check out if the risk estimate we provide is consistent with the expected return of 0.0224%. The fund secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Martin Currie returns are very sensitive to returns on the market. As the market goes up or down, Martin Currie is expected to follow.

Auto-correlation

    
  0.20  

Weak predictability

Martin Currie Emerging has weak predictability. Overlapping area represents the amount of predictability between Martin Currie time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 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 Martin Currie Emerging price movement. The serial correlation of 0.2 indicates that over 20.0% of current Martin Currie price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.01

Martin Currie Emerging lagged returns against current returns

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

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

Martin Currie Lagged Returns

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Martin Currie Correlation, Martin Currie Volatility and Martin Currie Alpha and Beta module to complement your research on Martin Currie.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Martin Mutual Fund analysis

When running Martin Currie's price analysis, check to measure Martin Currie'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 Martin Currie is operating at the current time. Most of Martin Currie's value examination focuses on studying past and present price action to predict the probability of Martin Currie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Currie's price. Additionally, you may evaluate how the addition of Martin Currie to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Bonds Directory
Find actively traded corporate debentures issued by US companies
Stocks Directory
Find actively traded stocks across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Martin Currie 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 Martin Currie technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Martin Currie 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...