Amana Growth Fund Market Value

AMAGX Fund  USD 78.70  1.01  1.30%   
Amana Growth's market value is the price at which a share of Amana Growth trades on a public exchange. It measures the collective expectations of Amana Growth Fund investors about its performance. Amana Growth is trading at 78.70 as of the 2nd of March 2025; that is 1.30 percent up since the beginning of the trading day. The fund's open price was 77.69.
With this module, you can estimate the performance of a buy and hold strategy of Amana Growth Fund and determine expected loss or profit from investing in Amana Growth over a given investment horizon. Check out Amana Growth Correlation, Amana Growth Volatility and Amana Growth Alpha and Beta module to complement your research on Amana Growth.
Symbol

Please note, there is a significant difference between Amana Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amana Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amana Growth'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.

Amana Growth '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 Amana Growth's mutual 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 Amana Growth.
0.00
03/07/2024
No Change 0.00  0.0 
In 11 months and 27 days
03/02/2025
0.00
If you would invest  0.00  in Amana Growth on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Amana Growth Fund or generate 0.0% return on investment in Amana Growth over 360 days. Amana Growth is related to or competes with Versatile Bond, Shelton Emerging, Rbc Emerging, Rbb Fund, Vanguard Growth, Glg Intl, and Barings Active. The fund normally invests at least 80 percent of total net assets in common stocks More

Amana Growth 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 Amana Growth's mutual 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 Amana Growth Fund upside and downside potential and time the market with a certain degree of confidence.

Amana Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amana Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amana Growth's standard deviation. In reality, there are many statistical measures that can use Amana Growth historical prices to predict the future Amana Growth's volatility.
Hype
Prediction
LowEstimatedHigh
77.6078.7079.80
Details
Intrinsic
Valuation
LowRealHigh
78.3979.4980.59
Details
Naive
Forecast
LowNextHigh
77.5478.6479.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
78.2180.2882.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amana Growth. Your research has to be compared to or analyzed against Amana Growth's peers to derive any actionable benefits. When done correctly, Amana Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Amana Growth.

Amana Growth Backtested Returns

Amana Growth secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1 % return per unit of standard deviation over the last 3 months. Amana Growth Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amana Growth's risk adjusted performance of (0.05), and Mean Deviation of 0.7845 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amana Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amana Growth is expected to be smaller as well.

Auto-correlation

    
  -0.44  

Modest reverse predictability

Amana Growth Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Amana Growth time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of March 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 Amana Growth price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Amana Growth price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.29
Residual Average0.0
Price Variance4.15

Amana Growth lagged returns against current returns

Autocorrelation, which is Amana Growth mutual 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 Amana Growth's mutual fund expected returns. We can calculate the autocorrelation of Amana Growth returns to help us make a trade decision. For example, suppose you find that Amana Growth has exhibited high autocorrelation historically, and you observe that the mutual 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  

Amana Growth 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 Amana Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amana Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amana Growth mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Amana Growth Lagged Returns

When evaluating Amana Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amana Growth mutual fund have on its future price. Amana Growth 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, Amana Growth autocorrelation shows the relationship between Amana Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amana Growth Fund.
   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 Amana Mutual Fund

Amana Growth financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Growth security.
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