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MRMUX
Mutual Fund ticker: NASDAQ
AS OF
Jun 13 closing price
Price
$9.06
Change
-$0.06 (-0.66%)
Net Assets
181.78M

MRMUX MassMutual 40/60 Allocation I Forecast, Technical & Fundamental Analysis

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... Show more

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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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MRMUX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MRMUX has been closely correlated with HBLFX. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if MRMUX jumps, then HBLFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MRMUX
1D Price
Change %
MRMUX100%
-0.66%
HBLFX - MRMUX
83%
Closely correlated
-0.54%
HBLYX - MRMUX
74%
Closely correlated
-0.54%
HBLAX - MRMUX
74%
Closely correlated
-0.61%
HBLIX - MRMUX
43%
Loosely correlated
-0.54%
HBLRX - MRMUX
43%
Loosely correlated
-0.54%
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