Mirae Mutual Fund Analysis

MALGX -  USA Fund  

USD 15.00  0.24  1.63%

Mirae Asset Discovery price slide over the last few months may encourage investors to take a closer look at the fund as it is trading at a share price of 15.00 on very low momentum in trading volume. The fund money managers were not very successful in positioning the fund resources to exploit market volatility in November. However, diversifying your holdings with Mirae Asset or similar funds can still protect your portfolio during high-volatility market scenarios. The fund standard deviation of daily returns for 90 days investing horizon is currently 0.83. The very small Fund volatility is a good signal to investors with longer-term investment horizons.
Additionally, see Stocks Correlation.

Mirae Mutual Fund Analysis 

 
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The Mirae Asset mutual fund analysis report makes it easy to digest most publicly released information about Mirae Asset and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Mirae Mutual Fund analysis module also helps to analyze the Mirae Asset price relationship with some important fundamental indicators such as market cap and management efficiency.

Mirae Mutual Fund Analysis Notes

The fund maintains all of assets in stocks. Mirae Asset Discovery last dividend was 0.18 per share. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities of issuers in emerging markets or that are tied economically to emerging markets, provided that, in either case, the issuers of any such securities are deemed by the Investment Manager to be Sector Leaders. Equity securities consist of common stock and related securities, such as preferred stock and depositary receipts. To find out more about Mirae Asset Discovery contact the company at 888-335-3417.

Mirae Asset Discovery Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Mirae Asset's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Mirae Asset Discovery or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Mirae Asset generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Mirae Asset Discovery maintains all of its assets in stocks

Management Efficiency

Mirae Asset management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Top Mutual Fund Constituents

Technical Drivers

As of the 4th of December, Mirae Asset secures the mean deviation of 0.5872, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mirae Asset Discovery, 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 Mirae Asset, which can be compared to its peers in the industry. Please verify Mirae Asset Discovery variance and potential upside to decide if Mirae Asset Discovery is priced some-what accurately, providing market reflects its recent price of 15.0 per share.

Mirae Asset Discovery Price Movement Analysis

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Mid-point Price over period is an average of Mirae Asset Discovery highest and lowest prices attained during the given period. View also all equity analysis or get more info about midpoint price over period overlap studies indicator.

Mirae Asset Technical and Predictive Indicators

Mirae Asset Forecast Models

Mirae Asset time-series forecasting models is one of many Mirae Asset's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mirae Asset's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Mirae Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mirae Asset stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mirae shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Mirae Asset. By using and applying Mirae Mutual Fund analysis, traders can create a robust methodology for identifying Mirae entry and exit points for their positions.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities of issuers in emerging markets or that are tied economically to emerging markets, provided that, in either case, the issuers of any such securities are deemed by the Investment Manager to be Sector Leaders. Mirae Asset is traded on NASDAQ Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Mirae Asset to your portfolios without increasing risk or reducing expected return.

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Additionally, see Stocks Correlation. Note that the Mirae Asset Discovery information on this page should be used as a complementary analysis to other Mirae Asset'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Mirae Mutual Fund analysis

When running Mirae Asset Discovery price analysis, check to measure Mirae Asset'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 Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mirae Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Mirae Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirae Asset'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.