Massmutual Retiresmart 2045 Fund Quote
| MMKYX Fund | USD 10.66 0.03 0.28% |
Performance5 of 100
| Odds Of DistressLess than 21
|
Massmutual Retiresmart is trading at 10.66 as of the 18th of April 2024; that is -0.28% down since the beginning of the trading day. The fund's open price was 10.69. Massmutual Retiresmart has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Massmutual Retiresmart 2045 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund is a fund of funds and seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds using an asset allocation strategy designed for investors expecting to retire at age 65 around the year 2045 and likely to stop making new investments in the fund at or around that time. More on Massmutual Retiresmart 2045
Moving together with Massmutual Mutual Fund
| 0.92 | VTIVX | Vanguard Target Reti | PairCorr |
| 0.92 | AAHTX | American Funds 2045 | PairCorr |
| 0.92 | CCHTX | American Funds 2045 | PairCorr |
| 0.91 | FATTX | American Funds 2045 | PairCorr |
| 0.92 | FFFGX | Fidelity Freedom 2045 | PairCorr |
| 0.92 | FJTKX | Fidelity Freedom 2045 | PairCorr |
| 0.92 | FQIPX | Fidelity Freedom Index | 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 Retiresmart's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Massmutual Retiresmart or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Target-Date 2045, MassMutual (View all Sectors) |
| Update Date | 31st of March 2024 |
Massmutual Retiresmart 2045 [MMKYX] is traded in USA and was established 18th of April 2024. The fund is listed under Target-Date 2045 category and is part of MassMutual family. This fund now has accumulated 138.28 M in assets with no minimum investment requirementsMassmutual Retiresmart is currently producing year-to-date (YTD) return of 2.48% with the current yeild of 0.01%, while the total return for the last 3 years was 2.69%.
Check Massmutual Retiresmart Probability Of Bankruptcy
Instrument Allocation
Top Massmutual Retiresmart 2045 Mutual Fund Constituents
| VTMGX | Vanguard Developed Markets | Mutual Fund | Foreign Large Blend |
| MOTZX | Massmutual Select Fundamental | Mutual Fund | Mid-Cap Growth |
| VTMNX | Vanguard Developed Markets | Mutual Fund | Foreign Large Blend |
| VEMIX | Vanguard Emerging Markets | Mutual Fund | Diversified Emerging Mkts |
| MOSZX | Massmutual Select Overseas | Mutual Fund | Foreign Large Blend |
| MDDIX | Massmutual Select Diversified | Mutual Fund | Large Value |
| MBCZX | Massmutual Select Blue | Mutual Fund | Large Growth |
Massmutual Retiresmart Target Price Odds Analysis
Based on a normal probability distribution, the odds of Massmutual Retiresmart jumping above the current price in 90 days from now is about 75.23%. The Massmutual Retiresmart 2045 probability density function shows the probability of Massmutual Retiresmart mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Massmutual Retiresmart has a beta of 0.0326. This indicates as returns on the market go up, Massmutual Retiresmart average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Massmutual Retiresmart 2045 will be expected to be much smaller as well. Additionally, massmutual Retiresmart 2045 has an alpha of 0.0294, implying that it can generate a 0.0294 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Massmutual Retiresmart to move above the current price in 90 days from now is about 75.23 (This Massmutual Retiresmart 2045 probability density function shows the probability of Massmutual Mutual Fund to fall within a particular range of prices over 90 days) .
Massmutual Retiresmart Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Massmutual Retiresmart market risk premium is the additional return an investor will receive from holding Massmutual Retiresmart 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 Retiresmart. 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 Retiresmart's alpha and beta are two of the key measurements used to evaluate Massmutual Retiresmart's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4386 | |||
| Semi Deviation | 0.5567 | |||
| Standard Deviation | 0.5772 | |||
| Variance | 0.3332 |
Massmutual Retiresmart Against Markets
Picking the right benchmark for Massmutual Retiresmart 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 Retiresmart 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 Retiresmart is critical whether you are bullish or bearish towards Massmutual Retiresmart 2045 at a given time. Please also check how Massmutual Retiresmart'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 Retiresmart 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?
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How to buy Massmutual Mutual Fund?
Before investing in Massmutual Retiresmart, 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 Retiresmart. To buy Massmutual Retiresmart fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Massmutual Retiresmart. 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 Retiresmart fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Massmutual Retiresmart 2045 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 Retiresmart 2045 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 Retiresmart 2045, 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 Retiresmart 2045?
The danger of trading Massmutual Retiresmart 2045 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 Retiresmart 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 Retiresmart. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Massmutual Retiresmart 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 Retiresmart 2045. 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 manufacturing. 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.