Growth Opportunities Fund Market Value
| TGVFX Fund | USD 46.42 1.10 2.43% |
| Symbol | Growth |
Growth Opportunities '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 Opportunities' 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 Opportunities.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Growth Opportunities on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Growth Opportunities Fund or generate 0.0% return on investment in Growth Opportunities over 90 days. Growth Opportunities is related to or competes with Diversified Bond, John Hancock, Guidepath(r) Conservative, Delaware Limited, Stone Ridge, Calvert Conservative, and Great-west Moderately. The fund invests primarily in stocks of domestic growth companies that the sub-advisor believes have a demonstrated reco... More
Growth Opportunities 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 Opportunities' 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 Growth Opportunities Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 1.76 |
Growth Opportunities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Opportunities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Opportunities' standard deviation. In reality, there are many statistical measures that can use Growth Opportunities historical prices to predict the future Growth Opportunities' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (5.02) |
Growth Opportunities Backtested Returns
Growth Opportunities holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13 % return per unit of risk over the last 3 months. Growth Opportunities exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Growth Opportunities' Market Risk Adjusted Performance of (5.01), standard deviation of 1.46, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.04, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Growth Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Opportunities is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Growth Opportunities Fund has insignificant reverse predictability. Overlapping area represents the amount of predictability between Growth Opportunities time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Growth Opportunities price movement. The serial correlation of -0.18 indicates that over 18.0% of current Growth Opportunities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 5.22 |
Growth Opportunities lagged returns against current returns
Autocorrelation, which is Growth Opportunities 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 Opportunities' mutual fund expected returns. We can calculate the autocorrelation of Growth Opportunities returns to help us make a trade decision. For example, suppose you find that Growth Opportunities 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 Opportunities 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 Opportunities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Opportunities 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 Opportunities mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth Opportunities Lagged Returns
When evaluating Growth Opportunities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth Opportunities mutual fund have on its future price. Growth Opportunities 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 Opportunities autocorrelation shows the relationship between Growth Opportunities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth Opportunities 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 Growth Mutual Fund
Growth Opportunities 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 Opportunities security.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |