Large Capitalization Growth Fund Market Value

SLGYX Fund  USD 20.98  0.62  3.05%   
Large Capitalization's market value is the price at which a share of Large Capitalization trades on a public exchange. It measures the collective expectations of Large Capitalization Growth investors about its performance. Large Capitalization is trading at 20.98 as of the 17th of March 2025; that is 3.05% up since the beginning of the trading day. The fund's open price was 20.36.
With this module, you can estimate the performance of a buy and hold strategy of Large Capitalization Growth and determine expected loss or profit from investing in Large Capitalization over a given investment horizon. Check out Large Capitalization Correlation, Large Capitalization Volatility and Large Capitalization Alpha and Beta module to complement your research on Large Capitalization.
Symbol

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

Large Capitalization '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 Large Capitalization'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 Large Capitalization.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Large Capitalization on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Large Capitalization Growth or generate 0.0% return on investment in Large Capitalization over 90 days. Large Capitalization is related to or competes with Deutsche Gold, Investment Managers, Global Gold, Europac Gold, Fidelity Advisor, Wells Fargo, and Goldman Sachs. The Portfolio will normally invest at least 80 percent of its total assets in a portfolio of equity securities issued by... More

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

Large Capitalization Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Large Capitalization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Large Capitalization's standard deviation. In reality, there are many statistical measures that can use Large Capitalization historical prices to predict the future Large Capitalization's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Large Capitalization's 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.
Hype
Prediction
LowEstimatedHigh
19.4420.9822.52
Details
Intrinsic
Valuation
LowRealHigh
19.7721.3122.85
Details
Naive
Forecast
LowNextHigh
19.3920.9322.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.9621.4722.97
Details

Large Capitalization Backtested Returns

Large Capitalization has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12 % return per unit of risk over the last 3 months. Large Capitalization exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Large Capitalization's Risk Adjusted Performance of (0.13), standard deviation of 3.26, and Mean Deviation of 1.58 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.07, which conveys a somewhat significant risk relative to the market. Large Capitalization returns are very sensitive to returns on the market. As the market goes up or down, Large Capitalization is expected to follow.

Auto-correlation

    
  -0.57  

Good reverse predictability

Large Capitalization Growth has good reverse predictability. Overlapping area represents the amount of predictability between Large Capitalization time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Large Capitalization price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Large Capitalization price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.15
Residual Average0.0
Price Variance1.59

Large Capitalization lagged returns against current returns

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

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

Large Capitalization Lagged Returns

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

Large Capitalization financial ratios help investors to determine whether Large 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 Large with respect to the benefits of owning Large Capitalization security.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios