Massmutual Select Diversified Fund Quote
| MDVSX Fund | USD 12.19 0.19 1.53% |
Performance14 of 100
| Odds Of DistressLess than 19
|
Massmutual Select is trading at 12.19 as of the 16th of April 2024; that is -1.53 percent decrease since the beginning of the trading day. The fund's open price was 12.38. Massmutual Select has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Massmutual Select Diversified are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in stocks, securities convertible into stocks, and other securities, such as warrants and stock rights, whose value is based on stock prices. It typically invests most of its assets in securities of U.S. More on Massmutual Select Diversified
Moving together with Massmutual Mutual Fund
| 0.98 | MLUAX | Massmutual Select Mid | PairCorr |
| 0.98 | MLUFX | Massmutual Select Mid | PairCorr |
| 0.98 | MLUNX | Massmutual Select Mid | PairCorr |
| 0.98 | MLULX | Massmutual Select Mid | PairCorr |
| 0.99 | MLUSX | Massmutual Select Mid | PairCorr |
| 0.99 | MLUZX | Massmutual Select Mid | PairCorr |
| 0.99 | MLUYX | Massmutual Select Mid | PairCorr |
Massmutual Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Massmutual Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Massmutual Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | MassMutual Funds, Large Value Funds, Large Value, MassMutual (View all Sectors) |
| Update Date | 31st of March 2024 |
Massmutual Select Diversified [MDVSX] is traded in USA and was established 16th of April 2024. Massmutual Select is listed under MassMutual category by Fama And French industry classification. The fund is listed under Large Value category and is part of MassMutual family. This fund now has accumulated 425.05 M in assets with no minimum investment requirementsMassmutual Select is currently producing year-to-date (YTD) return of 9.39% with the current yeild of 0.02%, while the total return for the last 3 years was 8.97%.
Check Massmutual Select Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Massmutual Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Massmutual Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Massmutual Select Diversified Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Massmutual Select Diversified Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology |
| WMT | Walmart | Stock | Consumer Staples |
| C | Citigroup | Stock | Financials |
| MRK | Merck Company | Stock | Health Care |
| XOM | Exxon Mobil Corp | Stock | Energy |
| WFC | Wells Fargo | Stock | Financials |
| VZ | Verizon Communications | Stock | Communication Services |
Massmutual Select Target Price Odds Analysis
Based on a normal probability distribution, the odds of Massmutual Select jumping above the current price in 90 days from now is about 30.85%. The Massmutual Select Diversified probability density function shows the probability of Massmutual Select mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Massmutual Select has a beta of 0.9202. This indicates Massmutual Select Diversified market returns are sensitive to returns on the market. As the market goes up or down, Massmutual Select is expected to follow. Additionally, massmutual Select Diversified has an alpha of 0.0174, implying that it can generate a 0.0174 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Massmutual Select to move above the current price in 90 days from now is about 30.85 (This Massmutual Select Diversified probability density function shows the probability of Massmutual Mutual Fund to fall within a particular range of prices over 90 days) .
Massmutual Select Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Massmutual Select market risk premium is the additional return an investor will receive from holding Massmutual Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Massmutual Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Massmutual Select's alpha and beta are two of the key measurements used to evaluate Massmutual Select's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4734 | |||
| Semi Deviation | 0.5338 | |||
| Standard Deviation | 0.6134 | |||
| Variance | 0.3763 |
Massmutual Select Against Markets
Picking the right benchmark for Massmutual Select mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Massmutual Select mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Massmutual Select is critical whether you are bullish or bearish towards Massmutual Select Diversified at a given time. Please also check how Massmutual Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Massmutual Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
How to buy Massmutual Mutual Fund?
Before investing in Massmutual Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Massmutual Select. To buy Massmutual Select fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Massmutual Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Massmutual Select fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Massmutual Select Diversified fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Massmutual Select Diversified fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Massmutual Select Diversified, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Massmutual Select Diversified?
The danger of trading Massmutual Select Diversified is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Massmutual Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Massmutual Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Massmutual Select is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Massmutual Select Diversified. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.