Guidestone Fds Growth Fund Market Value
| GGEYX Fund | USD 28.44 0.14 0.49% |
| Symbol | Guidestone |
Guidestone Fds '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 Guidestone Fds' 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 Guidestone Fds.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Guidestone Fds on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Guidestone Fds Growth or generate 0.0% return on investment in Guidestone Fds over 30 days. Guidestone Fds is related to or competes with Siit High, Morningstar Aggressive, T Rowe, Pace High, Copeland Risk, and Lgm Risk. The fund invests mainly in equity securities, which can include stock, stock futures, rights, warrants or securities con... More
Guidestone Fds 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 Guidestone Fds' 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 Guidestone Fds Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.31 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.57 |
Guidestone Fds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidestone Fds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidestone Fds' standard deviation. In reality, there are many statistical measures that can use Guidestone Fds historical prices to predict the future Guidestone Fds' volatility.| Risk Adjusted Performance | 0.0198 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0228 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guidestone Fds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guidestone Fds Growth Backtested Returns
At this stage we consider Guidestone Mutual Fund to be very steady. Guidestone Fds Growth holds Efficiency (Sharpe) Ratio of 0.0168, which attests that the entity had a 0.0168% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guidestone Fds Growth, which you can use to evaluate the volatility of the entity. Please check out Guidestone Fds' Market Risk Adjusted Performance of 0.0328, risk adjusted performance of 0.0198, and Downside Deviation of 2.55 to validate if the risk estimate we provide is consistent with the expected return of 0.0273%. The fund retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Guidestone Fds returns are very sensitive to returns on the market. As the market goes up or down, Guidestone Fds is expected to follow.
Auto-correlation | -0.69 |
Very good reverse predictability
Guidestone Fds Growth has very good reverse predictability. Overlapping area represents the amount of predictability between Guidestone Fds time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guidestone Fds Growth price movement. The serial correlation of -0.69 indicates that around 69.0% of current Guidestone Fds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 2.44 |
Guidestone Fds Growth lagged returns against current returns
Autocorrelation, which is Guidestone Fds 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 Guidestone Fds' mutual fund expected returns. We can calculate the autocorrelation of Guidestone Fds returns to help us make a trade decision. For example, suppose you find that Guidestone Fds 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 |
Guidestone Fds 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 Guidestone Fds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidestone Fds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidestone Fds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidestone Fds Lagged Returns
When evaluating Guidestone Fds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidestone Fds mutual fund have on its future price. Guidestone Fds 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, Guidestone Fds autocorrelation shows the relationship between Guidestone Fds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidestone Fds Growth.
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 Guidestone Mutual Fund
Guidestone Fds financial ratios help investors to determine whether Guidestone 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 Guidestone with respect to the benefits of owning Guidestone Fds security.
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