FMNEX Mutual Fund Market Value

FMNEX -  USA Fund  

USD 11.39  0.02  0.18%

Rbb Fd's market value is the price at which a share of Rbb Fd stock trades on a public exchange. It measures the collective expectations of Rbb Fd Free investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Rbb Fd Free and determine expected loss or profit from investing in Rbb Fd over a given investment horizon. Please check Rbb Fd Hype Analysis, Rbb Fd Correlation, Portfolio Optimization, Rbb Fd Volatility, as well as analyze Rbb Fd Alpha and Beta and Rbb Fd Performance.
Symbol
Backtest

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

Rbb Fd '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 Rbb Fd'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 Rbb Fd.
0.00
06/29/2021
No Change 0.00  0.0 
In 30 days
07/29/2021
0.00
If you would invest  0.00  in Rbb Fd on June 29, 2021 and sell it all today you would earn a total of 0.00 from holding Rbb Fd Free or generate 0.0% return on investment in Rbb Fd over 30 days. Rbb Fd is related to or competes with Kopernik Global, Oakmark International, Oakmark International, Tiaa-Cref Quant, Pzena International, Pzena International, and Merck. The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in sh...

Rbb Fd 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 Rbb Fd'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 Rbb Fd Free upside and downside potential and time the market with a certain degree of confidence.

Rbb Fd Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbb Fd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbb Fd's standard deviation. In reality, there are many statistical measures that can use Rbb Fd historical prices to predict the future Rbb Fd's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Rbb Fd'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. Please use the tools below to analyze the current value of Rbb Fd in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.5811.3912.20
Details
Intrinsic
Valuation
LowReal ValueHigh
10.6011.4112.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rbb Fd. Your research has to be compared to or analyzed against Rbb Fd's peers to derive any actionable benefits. When done correctly, Rbb Fd's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Rbb Fd Free.

Rbb Fd Free Backtested Returns

We consider Rbb Fd very steady. Rbb Fd Free maintains Sharpe Ratio (i.e., Efficiency) of 0.0356, which implies the entity had 0.0356% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Rbb Fd Free, which you can use to evaluate the future volatility of the fund. Please check Rbb Fd Free Coefficient Of Variation of 6429.08, risk adjusted performance of 0.0123, and Semi Deviation of 0.7969 to confirm if the risk estimate we provide is consistent with the expected return of 0.0289%.
The fund holds a Beta of 0.7645, which implies possible diversification benefits within a given portfolio. Let's try to break down what FMNEX's beta means in this case. As returns on the market increase, Rbb Fd returns are expected to increase less than the market. However, during the bear market, the loss on holding Rbb Fd will be expected to be smaller as well. Although it is extremely important to respect Rbb Fd Free current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Rbb Fd Free technical indicators, you can presently evaluate if the expected return of 0.0289% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.10   

Insignificant predictability

Rbb Fd Free has insignificant predictability. Overlapping area represents the amount of predictability between Rbb Fd time series from 29th of June 2021 to 14th of July 2021 and 14th of July 2021 to 29th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rbb Fd Free price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Rbb Fd price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.02

Rbb Fd Free lagged returns against current returns

Autocorrelation, which is Rbb Fd 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 Rbb Fd's mutual fund expected returns. We can calculate the autocorrelation of Rbb Fd returns to help us make a trade decision. For example, suppose you find that Rbb Fd mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

Rbb Fd Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rbb Fd without increasing your portfolio risk or giving up 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.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Rbb Fd Free using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Rbb Fd Hype Analysis, Rbb Fd Correlation, Portfolio Optimization, Rbb Fd Volatility, as well as analyze Rbb Fd Alpha and Beta and Rbb Fd Performance. Note that the Rbb Fd Free information on this page should be used as a complementary analysis to other Rbb Fd'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Rbb Fd Free price analysis, check to measure Rbb Fd'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 Rbb Fd is operating at the current time. Most of Rbb Fd's value examination focuses on studying past and present price action to predict the probability of Rbb Fd's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rbb Fd's price. Additionally, you may evaluate how the addition of Rbb Fd to your portfolios can decrease your overall portfolio volatility.
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Rbb Fd 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, stock market cycles, or different charting patterns.
A focus of Rbb Fd technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rbb Fd 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...