M Large Cap Fund Market Value
| MTCGX Fund | USD 31.58 0.17 0.54% |
| Symbol | MTCGX |
Please note, there is a significant difference between M Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if M Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, M Large'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.
M Large '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 M Large'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 M Large.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in M Large on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding M Large Cap or generate 0.0% return on investment in M Large over 30 days. M Large is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. M Large is entity of United States. It is traded as Fund on NMFQS exchange. More
M Large 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 M Large'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 M Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.16 |
M Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for M Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M Large's standard deviation. In reality, there are many statistical measures that can use M Large historical prices to predict the future M Large's volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0515 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of M Large'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.
M Large Cap Backtested Returns
We consider M Large very steady. M Large Cap has Sharpe Ratio of 0.0384, which conveys that the fund had a 0.0384% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for M Large, which you can use to evaluate the volatility of the entity. Please verify M Large's Market Risk Adjusted Performance of 0.0615, downside deviation of 1.23, and Mean Deviation of 0.9834 to check out if the risk estimate we provide is consistent with the expected return of 0.0504%. The entity secures a Beta (Market Risk) of 1.33, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, M Large will likely underperform.
Auto-correlation | 0.44 |
Average predictability
M Large Cap has average predictability. Overlapping area represents the amount of predictability between M Large time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of M Large Cap price movement. The serial correlation of 0.44 indicates that just about 44.0% of current M Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
M Large Cap lagged returns against current returns
Autocorrelation, which is M Large 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 M Large's mutual fund expected returns. We can calculate the autocorrelation of M Large returns to help us make a trade decision. For example, suppose you find that M Large has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
M Large 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 M Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
M Large Lagged Returns
When evaluating M Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M Large mutual fund have on its future price. M Large 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, M Large autocorrelation shows the relationship between M Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in M Large Cap.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards M Large in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, M Large's short interest history, or implied volatility extrapolated from M Large options trading.
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M Large 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.