Equity Growth Fund Market Value

AMEIX Fund  USD 31.28  0.65  2.04%   
Equity Growth's market value is the price at which a share of Equity Growth trades on a public exchange. It measures the collective expectations of Equity Growth Fund investors about its performance. Equity Growth is trading at 31.28 as of the 28th of March 2025; that is 2.04 percent down since the beginning of the trading day. The fund's open price was 31.93.
With this module, you can estimate the performance of a buy and hold strategy of Equity Growth Fund and determine expected loss or profit from investing in Equity Growth over a given investment horizon. Check out Equity Growth Correlation, Equity Growth Volatility and Equity Growth Alpha and Beta module to complement your research on Equity Growth.
Symbol

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

Equity 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 Equity 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 Equity Growth.
0.00
12/28/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/28/2025
0.00
If you would invest  0.00  in Equity Growth on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Equity Growth Fund or generate 0.0% return on investment in Equity Growth over 90 days. Equity Growth is related to or competes with Delaware Healthcare, Health Care, Invesco Global, Fidelity Advisor, Blackrock Health, The Hartford, and Baillie Gifford. The fund invests at least 80 percent of its net assets in equity securities More

Equity 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 Equity 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 Equity Growth Fund upside and downside potential and time the market with a certain degree of confidence.

Equity Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity Growth's standard deviation. In reality, there are many statistical measures that can use Equity Growth historical prices to predict the future Equity Growth's volatility.
Hype
Prediction
LowEstimatedHigh
31.0532.0733.09
Details
Intrinsic
Valuation
LowRealHigh
31.3132.3333.35
Details
Naive
Forecast
LowNextHigh
31.8232.8433.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.0832.3033.53
Details

Equity Growth Backtested Returns

Equity Growth secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12 % return per unit of risk over the last 3 months. Equity Growth Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equity Growth's Standard Deviation of 1.02, mean deviation of 0.8003, and Variance of 1.03 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.03, which means a somewhat significant risk relative to the market. Equity Growth returns are very sensitive to returns on the market. As the market goes up or down, Equity Growth is expected to follow.

Auto-correlation

    
  -0.69  

Very good reverse predictability

Equity Growth Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Equity Growth time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th 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 Equity Growth price movement. The serial correlation of -0.69 indicates that around 69.0% of current Equity Growth price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.68
Residual Average0.0
Price Variance1.4
Equity ReturnsEquity Lagged ReturnsDiversified AwayEquity ReturnsEquity Lagged ReturnsDiversified Away100%

Equity Growth lagged returns against current returns

Autocorrelation, which is Equity 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 Equity Growth's mutual fund expected returns. We can calculate the autocorrelation of Equity Growth returns to help us make a trade decision. For example, suppose you find that Equity 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   
JavaScript chart by amCharts 3.21.15Feb 17Feb 24MarMar 10Mar 17Mar 24-10%-8%-6%-4%-2%0%2%4% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Equity 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 Equity Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity 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 Equity Growth mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 17Feb 24MarMar 10Mar 17Mar 2431.532.032.533.033.534.034.5
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Equity Growth Lagged Returns

When evaluating Equity Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity Growth mutual fund have on its future price. Equity 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, Equity Growth autocorrelation shows the relationship between Equity Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Equity Growth Fund.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar31.532.032.533.033.534.034.535.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Equity Mutual Fund

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