Profunds Money Fund Market Value
| MPIXX Fund | 1.00 0.00 0.00% |
| Symbol | Profunds |
Please note, there is a significant difference between Profunds Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profunds Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profunds Money'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.
Profunds Money '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 Profunds Money's money market 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 Profunds Money.
| 06/25/2024 |
| 07/20/2025 |
If you would invest 0.00 in Profunds Money on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Profunds Money or generate 0.0% return on investment in Profunds Money over 390 days. Profunds Money is related to or competes with Dunham Corporate/govern, Aig Government, Federated Government, Voya Government, and Virtus Seix. Profunds Money is entity of United States More
Profunds Money 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 Profunds Money's money market 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 Profunds Money upside and downside potential and time the market with a certain degree of confidence.
Profunds Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Profunds Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Profunds Money's standard deviation. In reality, there are many statistical measures that can use Profunds Money historical prices to predict the future Profunds Money's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Profunds Money'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.
Profunds Money Backtested Returns
We have found three technical indicators for Profunds Money, which you can use to evaluate the volatility of the fund. The fund holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Profunds Money are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Profunds Money has no correlation between past and present. Overlapping area represents the amount of predictability between Profunds Money time series from 25th of June 2024 to 6th of January 2025 and 6th of January 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Profunds Money price movement. The serial correlation of 0.0 indicates that just 0.0% of current Profunds Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Profunds Money lagged returns against current returns
Autocorrelation, which is Profunds Money money market 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 Profunds Money's money market fund expected returns. We can calculate the autocorrelation of Profunds Money returns to help us make a trade decision. For example, suppose you find that Profunds Money has exhibited high autocorrelation historically, and you observe that the money market 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 |
Profunds Money 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 Profunds Money money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Profunds Money money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Profunds Money money market fund over time.
Current vs Lagged Prices |
| Timeline |
Profunds Money Lagged Returns
When evaluating Profunds Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Profunds Money money market fund have on its future price. Profunds Money 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, Profunds Money autocorrelation shows the relationship between Profunds Money money market fund current value and its past values and can show if there is a momentum factor associated with investing in Profunds Money.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Profunds Money Market Fund
Profunds Money financial ratios help investors to determine whether Profunds Money Market Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Profunds with respect to the benefits of owning Profunds Money security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |