Massmutual Select Blue Fund Technical Analysis
| MBGFX Fund | USD 18.27 0.16 0.87% |
As of the 18th of April 2024, Massmutual Select secures the Mean Deviation of 0.7589, risk adjusted performance of 0.0778, and Downside Deviation of 0.8933. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Massmutual Select Blue, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Massmutual Select, which can be compared to its peers in the industry. Please verify Massmutual Select Blue information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Massmutual Select Blue is priced some-what accurately, providing market reflects its recent price of 18.27 per share.
Massmutual Select Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Massmutual, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MassmutualMassmutual |
Massmutual Select 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.
Massmutual Select Blue Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Massmutual Select Blue volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Massmutual Select Blue Trend Analysis
Use this graph to draw trend lines for Massmutual Select Blue. You can use it to identify possible trend reversals for Massmutual Select as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Massmutual Select price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Massmutual Select Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Massmutual Select Blue applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Massmutual Select Blue will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17.5, which is the sum of squared deviations for the predicted Massmutual Select price change compared to its average price change.About Massmutual Select Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Massmutual Select Blue on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Massmutual Select Blue based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Massmutual Select Blue price pattern first instead of the macroeconomic environment surrounding Massmutual Select Blue. By analyzing Massmutual Select's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Massmutual Select's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Massmutual Select specific price patterns or momentum indicators. Please read more on our technical analysis page.
Massmutual Select April 18, 2024 Technical Indicators
Most technical analysis of Massmutual help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Massmutual from various momentum indicators to cycle indicators. When you analyze Massmutual charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0778 | |||
| Market Risk Adjusted Performance | 0.1121 | |||
| Mean Deviation | 0.7589 | |||
| Semi Deviation | 0.6987 | |||
| Downside Deviation | 0.8933 | |||
| Coefficient Of Variation | 851.91 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.02 | |||
| Information Ratio | 0.0625 | |||
| Jensen Alpha | 0.0603 | |||
| Total Risk Alpha | 0.0357 | |||
| Sortino Ratio | 0.0708 | |||
| Treynor Ratio | 0.1021 | |||
| Maximum Drawdown | 4.98 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.62 | |||
| Downside Variance | 0.798 | |||
| Semi Variance | 0.4882 | |||
| Expected Short fall | (0.87) | |||
| Skewness | 0.4913 | |||
| Kurtosis | 0.6223 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Massmutual Select Blue. 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 census. Note that the Massmutual Select Blue information on this page should be used as a complementary analysis to other Massmutual Select's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.