Aggressive Growth Fund Market Value

UIAGX Fund  USD 69.36  0.73  1.06%   
Aggressive Growth's market value is the price at which a share of Aggressive Growth trades on a public exchange. It measures the collective expectations of Aggressive Growth Fund investors about its performance. Aggressive Growth is trading at 69.36 as of the 22nd of December 2024; that is 1.06 percent up since the beginning of the trading day. The fund's open price was 68.63.
With this module, you can estimate the performance of a buy and hold strategy of Aggressive Growth Fund and determine expected loss or profit from investing in Aggressive Growth over a given investment horizon. Check out Aggressive Growth Correlation, Aggressive Growth Volatility and Aggressive Growth Alpha and Beta module to complement your research on Aggressive Growth.
Symbol

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

Aggressive 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 Aggressive 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 Aggressive Growth.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Aggressive Growth on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Aggressive Growth Fund or generate 0.0% return on investment in Aggressive Growth over 720 days. Aggressive Growth is related to or competes with Icon Financial, Davis Financial, Mesirow Financial, Prudential Jennison, and Gabelli Global. The fund invests primarily in equity securities of large-capitalization companies that are selected for their growth pot... More

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

Aggressive Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aggressive Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aggressive Growth's standard deviation. In reality, there are many statistical measures that can use Aggressive Growth historical prices to predict the future Aggressive Growth's volatility.
Hype
Prediction
LowEstimatedHigh
68.2169.3670.51
Details
Intrinsic
Valuation
LowRealHigh
68.4669.6170.76
Details
Naive
Forecast
LowNextHigh
65.4666.6167.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
68.3571.9975.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aggressive Growth. Your research has to be compared to or analyzed against Aggressive Growth's peers to derive any actionable benefits. When done correctly, Aggressive Growth'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 Aggressive Growth.

Aggressive Growth Backtested Returns

At this stage we consider Aggressive Mutual Fund to be very steady. Aggressive Growth secures Sharpe Ratio (or Efficiency) of 0.0486, which signifies that the fund had a 0.0486% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Aggressive Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Aggressive Growth's risk adjusted performance of 0.043, and Mean Deviation of 0.7978 to double-check if the risk estimate we provide is consistent with the expected return of 0.0556%. The fund shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aggressive Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aggressive Growth is expected to be smaller as well.

Auto-correlation

    
  0.88  

Very good predictability

Aggressive Growth Fund has very good predictability. Overlapping area represents the amount of predictability between Aggressive Growth time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 Aggressive Growth price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Aggressive Growth price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.84
Residual Average0.0
Price Variance25.86

Aggressive Growth lagged returns against current returns

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

Aggressive 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 Aggressive Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aggressive 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 Aggressive Growth mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Aggressive Growth Lagged Returns

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

Aggressive Growth financial ratios help investors to determine whether Aggressive 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 Aggressive with respect to the benefits of owning Aggressive Growth security.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Transaction History
View history of all your transactions and understand their impact on performance
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format