Merger Mutual Fund Buy Hold or Sell Recommendation

MERFX
 Fund
  

USD 17.47  0.03  0.17%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Merger Fund is 'Strong Hold'. Macroaxis provides Merger Fund buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MERFX positions. The advice algorithm takes into account all of Merger Fund's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Merger Fund's buy-and-hold perspective. Additionally, see Merger Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Merger and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Merger Fund.

Execute Merger Fund Buy or Sell Advice

The Merger recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Merger Fund. Macroaxis does not own or have any residual interests in Merger Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Merger Fund's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Merger FundBuy Merger Fund
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Merger Fund has a Risk Adjusted Performance of 0.1348, Jensen Alpha of 0.0244, Total Risk Alpha of 0.0064, Sortino Ratio of (0.25) and Treynor Ratio of 2.42
Our investment recommendation tool can cross-verify current analyst consensus on Merger Fund and to analyze the entity potential to grow in the current economic cycle. Use Merger Fund five year return and equity positions weight to ensure your buy or sell decision on Merger Fund is adequate.

Merger Fund Trading Alerts and Improvement Suggestions

Merger Fund is unlikely to experience financial distress in the next 2 years
The fund maintains about 25.53% of its assets in cash

Merger Fund Returns Distribution Density

The distribution of Merger Fund's historical returns is an attempt to chart the future uncertainty of Merger Fund's future price movements. The chart of the probability distribution of Merger Fund stock daily returns describes the distribution of returns around its average expected value. We use Merger Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Merger Fund returns is essential to provide solid investment advice for Merger Fund stock.
Mean Return0.0354Value At Risk-0.35
Potential Upside0.41Standard Deviation0.25
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Merger Fund historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Merger Fund Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Merger Fund or Virtus Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Merger Fund's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Merger fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.024436
β
Beta against DOW0.0105
σ
Overall volatility
0.24
Ir
Information ratio -0.27

Merger Fund Volatility Alert

Merger Fund exhibits very low volatility with skewness of -0.66 and kurtosis of 2.94. However, we advise investors to further study Merger Fund technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Merger Fund's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Merger Fund's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Merger Fund Implied Volatility

Merger Fund's implied volatility" href="/stock-options/MERFX/Merger-Fund">Merger Fund's implied volatility exposes the market's sentiment of Merger Fund stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Merger Fund's implied volatility" href="/stock-options/MERFX/Merger-Fund">Merger Fund's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Merger Fund stock will not fluctuate a lot when Merger Fund's options" href="/stock-options/MERFX/Merger-Fund">Merger Fund's options are near their expiration.

Merger Fund Fundamentals Vs Peers

Comparing Merger Fund's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Merger Fund's direct or indirect competition across all of the common fundamentals between Merger Fund and the related equities. This way, we can detect undervalued stocks with similar characteristics as Merger Fund or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Merger Fund's fundamental indicators could also be used in its relative valuation, which is a method of valuing Merger Fund by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Merger Fund to competition
FundamentalsMerger FundPeer Average
Price to Earning19.38 X6.53 X
Price to Book1.92 X0.74 X
Price to Sales0.95 X0.61 X
One Year Return4.19 %4.15 %
Three Year Return4.57 %3.60 %
Five Year Return3.09 %3.24 %
Ten Year Return3.13 %1.79 %
Net Asset4.26 B4.11 B
Minimum Initial Investment2.5 K976.16 K
Last Dividend Paid0.130.65
Cash Position Weight25.53 %10.61 %
Equity Positions Weight58.63 %63.90 %
Bond Positions Weight4.59 %11.24 %

About Merger Fund Buy or Sell Advice

When is the right time to buy or sell Merger Fund? Buying financial instruments such as Merger Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Merger Fund investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Merger Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Defense Thematic Idea Now

Defense
Defense Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Defense Theme or any other thematic opportunities.
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Additionally, see Merger Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Merger Fund information on this page should be used as a complementary analysis to other Merger Fund'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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