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MRMAX
Mutual Fund ticker: NASDAQ
AS OF
Jan 17 closing price
Price
$8.95
Change
+$0.02 (+0.22%)
Net Assets
170.45M

MRMAX MassMutual 40/60 Allocation A Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Industry description

The investment seeks to achieve as high a total return over time as is considered consistent with prudent investment risk, preservation of capital and recognition of the fund's stated asset allocation. The fund is a "fund of funds" that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds ("underlying funds") using an asset allocation strategy. It typically invests approximately 40% of its assets in equity and similar funds and approximately 60% in fixed income funds, including money market funds.
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderately Conservative Allocation
Address
Massmutual Select Funds1295 State StSpringfield
Phone
N/A
Web
www.massmutual.com
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MRMAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MRMAX has been closely correlated with HBLAX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if MRMAX jumps, then HBLAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MRMAX
1D Price
Change %
MRMAX100%
+0.22%
HBLAX - MRMAX
87%
Closely correlated
+0.28%
HBLYX - MRMAX
86%
Closely correlated
+0.27%
BIICX - MRMAX
86%
Closely correlated
+0.20%
BKMIX - MRMAX
81%
Closely correlated
+0.30%
HBLFX - MRMAX
77%
Closely correlated
+0.21%
More