Originally Posted by
winner69
Things like MLN like normal stocks can actually be assessed as ‘cheap’ / ‘expensive’ using the Z-score - just like people use PE ratios to assess (normal) stocks
Z-score represents how far away the current premium/discount is from its average premium/discount over a selected time period.
The distance is measured in standard deviations and the sign indicates the direction away from the mean.MLN and KFL on this measure (on a 12 month time frame) are quite ‘expensive’
In big markets there’s a whole industry that study and invests in these sort of funds.
Bookmarks