MassMutual Mutual Fund Market Value

MOGAX
 Fund
  

USD 8.75  0.01  0.11%   

MassMutual RetireSMART's market value is the price at which a share of MassMutual RetireSMART stock trades on a public exchange. It measures the collective expectations of MassMutual RetireSMART Moderate investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of MassMutual RetireSMART Moderate and determine expected loss or profit from investing in MassMutual RetireSMART over a given investment horizon. Additionally, see MassMutual RetireSMART Correlation, MassMutual RetireSMART Volatility and MassMutual RetireSMART Alpha and Beta module to complement your research on MassMutual RetireSMART.
Symbol

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

MassMutual RetireSMART '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 MassMutual RetireSMART'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 MassMutual RetireSMART.
0.00
12/09/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/29/2022
0.00
If you would invest  0.00  in MassMutual RetireSMART on December 9, 2020 and sell it all today you would earn a total of 0.00 from holding MassMutual RetireSMART Moderate or generate 0.0% return on investment in MassMutual RetireSMART over 720 days. MassMutual RetireSMART is related to or competes with American Balanced. The fund is a fund of funds and seeks to achieve its investment objective by investing in a combination of U.S More

MassMutual RetireSMART 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 MassMutual RetireSMART'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 MassMutual RetireSMART Moderate upside and downside potential and time the market with a certain degree of confidence.

MassMutual RetireSMART Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MassMutual RetireSMART's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MassMutual RetireSMART's standard deviation. In reality, there are many statistical measures that can use MassMutual RetireSMART historical prices to predict the future MassMutual RetireSMART's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of MassMutual RetireSMART'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 MassMutual RetireSMART in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.638.759.87
Details
Intrinsic
Valuation
LowReal ValueHigh
7.578.699.81
Details
Naive
Forecast
LowNext ValueHigh
7.748.869.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.208.528.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MassMutual RetireSMART. Your research has to be compared to or analyzed against MassMutual RetireSMART's peers to derive any actionable benefits. When done correctly, MassMutual RetireSMART'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 MassMutual RetireSMART.

MassMutual RetireSMART Backtested Returns

We consider MassMutual RetireSMART not too volatile. MassMutual RetireSMART has Sharpe Ratio of 0.0055, which conveys that the entity had 0.0055% of return per unit of risk over the last 3 months. Our standpoint towards estimating 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-six technical indicators for MassMutual RetireSMART, which you can use to evaluate the future volatility of the fund. Please verify MassMutual RetireSMART Moderate risk adjusted performance of (0.06), and Mean Deviation of 0.861 to check out if the risk estimate we provide is consistent with the expected return of 0.0062%.
The fund secures a Beta (Market Risk) of 0.0123, which conveys not very significant fluctuations relative to the market. Let's try to break down what MassMutual's beta means in this case. As returns on the market increase, MassMutual RetireSMART returns are expected to increase less than the market. However, during the bear market, the loss on holding MassMutual RetireSMART will be expected to be smaller as well. Although it is important to respect MassMutual RetireSMART price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating 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 MassMutual RetireSMART technical indicators, you can presently evaluate if the expected return of 0.0062% will be sustainable into the future.

Auto-correlation

    
  -0.87  

Excellent reverse predictability

MassMutual RetireSMART Moderate has excellent reverse predictability. Overlapping area represents the amount of predictability between MassMutual RetireSMART time series from 9th of December 2020 to 4th of December 2021 and 4th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MassMutual RetireSMART price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current MassMutual RetireSMART price fluctuation can be explain by its past prices.
Correlation Coefficient-0.87
Spearman Rank Test-0.86
Residual Average0.0
Price Variance0.36

MassMutual RetireSMART lagged returns against current returns

Autocorrelation, which is MassMutual RetireSMART 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 MassMutual RetireSMART's mutual fund expected returns. We can calculate the autocorrelation of MassMutual RetireSMART returns to help us make a trade decision. For example, suppose you find that MassMutual RetireSMART 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  

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

MassMutual RetireSMART Lagged Returns

When evaluating MassMutual RetireSMART's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MassMutual RetireSMART mutual fund have on its future price. MassMutual RetireSMART 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, MassMutual RetireSMART autocorrelation shows the relationship between MassMutual RetireSMART mutual fund current value and its past values and can show if there is a momentum factor associated with investing in MassMutual RetireSMART Moderate.
   Regressed Prices   
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       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 MassMutual RetireSMART 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, MassMutual RetireSMART's short interest history, or implied volatility extrapolated from MassMutual RetireSMART options trading.

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Additionally, see MassMutual RetireSMART Correlation, MassMutual RetireSMART Volatility and MassMutual RetireSMART Alpha and Beta module to complement your research on MassMutual RetireSMART. Note that the MassMutual RetireSMART information on this page should be used as a complementary analysis to other MassMutual RetireSMART'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for MassMutual Mutual Fund analysis

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