Massmutual Retiresmart 2050 Fund Price on October 18, 2023
| MMARX Fund | USD 8.68 0.05 0.57% |
If you're considering investing in Massmutual Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Massmutual Retiresmart stands at 8.68, as last reported on the 10th of June, with the highest price reaching 8.68 and the lowest price hitting 8.68 during the day. We consider Massmutual Retiresmart out of control. Massmutual Retiresmart has Sharpe Ratio of 0.0395, which conveys that the entity had a 0.0395% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Massmutual Retiresmart, which you can use to evaluate the volatility of the fund. Please verify Massmutual Retiresmart's Downside Deviation of 0.6704, mean deviation of 0.4588, and Risk Adjusted Performance of 0.0243 to check out if the risk estimate we provide is consistent with the expected return of 0.0239%.
Massmutual Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Massmutual |
Sharpe Ratio = 0.0395
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Massmutual Retiresmart is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Massmutual Retiresmart by adding it to a well-diversified portfolio.
Massmutual Retiresmart Valuation on October 18, 2023
It is possible to determine the worth of Massmutual Retiresmart on a given historical date. On October 18, 2023 Massmutual was worth 7.49 at the beginning of the trading date compared to the closed value of 7.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Massmutual Retiresmart mutual fund. Still, in general, we apply an absolute valuation method to find Massmutual Retiresmart's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Massmutual Retiresmart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Massmutual Retiresmart's related companies.
| Open | High | Low | Close | Volume | |
| 7.60 | 7.60 | 7.37 | 7.37 | 1.00 | |
10/18/2023 | 7.49 | 7.49 | 7.27 | 7.27 | 1.00 |
| 7.43 | 7.43 | 7.21 | 7.21 | 1.00 |
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Massmutual Retiresmart Trading Date Momentum on October 18, 2023
| On October 19 2023 Massmutual Retiresmart 2050 was traded for 7.21 at the closing time. The highest daily price throughout the period was 7.43 and the lowest price was 7.21 . There was no trading activity during the period 1.0. Lack of trading volume on 10/19/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.83% . The trading delta at closing time to current closing price is 0.41% . |
Massmutual Retiresmart Fundamentals Correlations and Trends
By evaluating Massmutual Retiresmart's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Massmutual Retiresmart's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Massmutual financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Massmutual Retiresmart Mutual Fund history
Massmutual Retiresmart investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Massmutual is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Massmutual Retiresmart will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Massmutual Retiresmart stock prices may prove useful in developing a viable investing in Massmutual Retiresmart
The investment seeks total return through its asset allocation, which is designed to become more conservative over time as the fund approaches and passes the target retirement date, the funds objective will shift to seeking current income and some capital appreciation. Massmutual Retiresmart is traded on NASDAQ Exchange in the United States.
Massmutual Retiresmart Mutual Fund Technical Analysis
Massmutual Retiresmart 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.
Price Boundaries
Massmutual Retiresmart Period Price Range
Low | October 18, 2023
| High |
7.49 | 7.27 |
Massmutual Retiresmart June 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Massmutual Retiresmart mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Massmutual Retiresmart shares will generate the highest return on investment. By undertsting and applying Massmutual Retiresmart mutual fund market strength indicators, traders can identify Massmutual Retiresmart 2050 entry and exit signals to maximize returns
Massmutual Retiresmart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Massmutual Retiresmart's price direction in advance. Along with the technical and fundamental analysis of Massmutual Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Massmutual to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | 0.0066 | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.0798 |
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Other Information on Investing in Massmutual Mutual Fund
Massmutual Retiresmart financial ratios help investors to determine whether Massmutual 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 Massmutual with respect to the benefits of owning Massmutual Retiresmart security.
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