The Growth Equity Fund Market Value

HCEGX Fund  USD 38.56  0.35  0.90%   
Growth Equity's market value is the price at which a share of Growth Equity trades on a public exchange. It measures the collective expectations of The Growth Equity investors about its performance. Growth Equity is trading at 38.56 as of the 22nd of December 2024; that is 0.9 percent down since the beginning of the trading day. The fund's open price was 38.91.
With this module, you can estimate the performance of a buy and hold strategy of The Growth Equity and determine expected loss or profit from investing in Growth Equity over a given investment horizon. Check out Growth Equity Correlation, Growth Equity Volatility and Growth Equity Alpha and Beta module to complement your research on Growth Equity.
Symbol

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

Growth Equity '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 Growth Equity'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 Growth Equity.
0.00
10/23/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/22/2024
0.00
If you would invest  0.00  in Growth Equity on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding The Growth Equity or generate 0.0% return on investment in Growth Equity over 60 days. Growth Equity is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Growth Equity is entity of United States More

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

Growth Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Equity's standard deviation. In reality, there are many statistical measures that can use Growth Equity historical prices to predict the future Growth Equity's volatility.
Hype
Prediction
LowEstimatedHigh
37.8138.5639.31
Details
Intrinsic
Valuation
LowRealHigh
37.9238.6739.42
Details
Naive
Forecast
LowNextHigh
36.9637.7138.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.3139.8341.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Growth Equity. Your research has to be compared to or analyzed against Growth Equity's peers to derive any actionable benefits. When done correctly, Growth Equity'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 Growth Equity.

Growth Equity Backtested Returns

At this stage we consider Growth Mutual Fund to be very steady. Growth Equity holds Efficiency (Sharpe) Ratio of 0.0498, which attests that the entity had a 0.0498% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Growth Equity, which you can use to evaluate the volatility of the entity. Please check out Growth Equity's Downside Deviation of 0.874, risk adjusted performance of 0.0386, and Market Risk Adjusted Performance of 0.0472 to validate if the risk estimate we provide is consistent with the expected return of 0.0375%. The fund retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Growth Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Equity is expected to be smaller as well.

Auto-correlation

    
  -0.16  

Insignificant reverse predictability

The Growth Equity has insignificant reverse predictability. Overlapping area represents the amount of predictability between Growth Equity time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Growth Equity price movement. The serial correlation of -0.16 indicates that over 16.0% of current Growth Equity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.16
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.4

Growth Equity lagged returns against current returns

Autocorrelation, which is Growth Equity 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 Growth Equity's mutual fund expected returns. We can calculate the autocorrelation of Growth Equity returns to help us make a trade decision. For example, suppose you find that Growth Equity 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  

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

Growth Equity Lagged Returns

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

Growth Equity 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 Equity security.
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