Growth Income Fund Price on April 6, 2023
| USGRX Fund | USD 24.36 4.54 15.71% |
Below is the normalized historical share price chart for Growth Income Fund extending back to July 06, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Growth Income stands at 24.36, as last reported on the 16th of December 2024, with the highest price reaching 24.36 and the lowest price hitting 24.36 during the day.
If you're considering investing in Growth Mutual Fund, it is important to understand the factors that can impact its price. Growth Income holds Efficiency (Sharpe) Ratio of -0.0743, which attests that the entity had a -0.0743% return per unit of risk over the last 3 months. Growth Income exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Growth Income's Market Risk Adjusted Performance of 0.1354, risk adjusted performance of 0.1219, and Downside Deviation of 0.5498 to validate the risk estimate we provide.
Growth Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Growth |
Sharpe Ratio = -0.0743
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| Negative Returns | USGRX |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Growth Income is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Growth Income by adding Growth Income to a well-diversified portfolio.
Growth Income Valuation on April 6, 2023
It is possible to determine the worth of Growth Income on a given historical date. On April 6, 2023 Growth was worth 19.44 at the beginning of the trading date compared to the closed value of 19.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Growth Income mutual fund. Still, in general, we apply an absolute valuation method to find Growth Income's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Growth Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Growth Income's related companies.
| Open | High | Low | Close | Volume | |
| 19.40 | 19.40 | 19.40 | 19.40 | 1.00 | |
04/06/2023 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 |
| 19.50 | 19.50 | 19.50 | 19.50 | 1.00 |
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Growth Income Trading Date Momentum on April 6, 2023
| On April 10 2023 Growth Income Fund was traded for 19.50 at the closing time. The highest daily price throughout the period was 19.50 and the lowest price was 19.50 . There was no trading activity during the period 1.0. Lack of trading volume on 04/10/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 1.13% . |
Growth Income Fundamentals Correlations and Trends
By evaluating Growth Income's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Growth Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Growth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Growth Income Mutual Fund history
Growth Income investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Growth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Growth Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Growth Income stock prices may prove useful in developing a viable investing in Growth Income
The fund invests its assets primarily in equity securities that show the best potential for total return through a combination of capital growth and income. Although the fund invests primarily in U.S. securities, it may invest up to 20 percent of its total assets in foreign securities, including securities issued in emerging markets.
Growth Income Mutual Fund Technical Analysis
Growth Income 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.
Price Boundaries
Growth Income Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Growth Income December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Growth Income mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Growth Income shares will generate the highest return on investment. By undertsting and applying Growth Income mutual fund market strength indicators, traders can identify Growth Income Fund entry and exit signals to maximize returns
Growth Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Growth Income's price direction in advance. Along with the technical and fundamental analysis of Growth Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Growth to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.0269 | |||
| Total Risk Alpha | 0.0186 | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.1254 |
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| Volume Indicators |
Other Information on Investing in Growth Mutual Fund
Growth Income financial ratios help investors to determine whether Growth Mutual 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 Growth with respect to the benefits of owning Growth Income security.
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data |