Growth Fund Growth Fund Market Value
| USAAX Fund | USD 44.27 0.87 2.00% |
| Symbol | Growth |
Growth Fund '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 Fund'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 Fund.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Growth Fund on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Growth Fund Growth or generate 0.0% return on investment in Growth Fund over 720 days. Growth Fund is related to or competes with Aggressive Growth, International Fund, Small Cap, Income Stock, and Emerging Markets. The fund invests its assets primarily in a diversified portfolio of equity securities selected for their growth potentia... More
Growth Fund 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 Fund'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 Growth Fund Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.1479 | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 2.0 |
Growth Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Fund's standard deviation. In reality, there are many statistical measures that can use Growth Fund historical prices to predict the future Growth Fund's volatility.| Risk Adjusted Performance | 0.204 | |||
| Jensen Alpha | 0.1716 | |||
| Total Risk Alpha | 0.1044 | |||
| Sortino Ratio | 0.1278 | |||
| Treynor Ratio | 0.351 |
Growth Fund Growth Backtested Returns
Growth Fund appears to be very steady, given 3 months investment horizon. Growth Fund Growth holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Growth Fund Growth, which you can use to evaluate the volatility of the entity. Please utilize Growth Fund's Market Risk Adjusted Performance of 0.361, downside deviation of 1.1, and Risk Adjusted Performance of 0.204 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Growth Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Fund is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Growth Fund Growth has very good predictability. Overlapping area represents the amount of predictability between Growth Fund time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Fund Growth price movement. The serial correlation of 0.85 indicates that around 85.0% of current Growth Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 8.72 |
Growth Fund Growth lagged returns against current returns
Autocorrelation, which is Growth Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Growth Fund returns to help us make a trade decision. For example, suppose you find that Growth Fund 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 Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Fund 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 Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth Fund Lagged Returns
When evaluating Growth Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth Fund mutual fund have on its future price. Growth Fund 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 Fund autocorrelation shows the relationship between Growth Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth Fund 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 Growth Mutual Fund
Growth Fund 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 Fund security.
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