Aggressive Growth Fund Market Value
| USAUX Fund | USD 70.35 0.55 0.79% |
| Symbol | Aggressive |
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.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Aggressive Growth on December 13, 2022 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 American Funds, American Funds, Growth Fund, Growth Fund, Growth Fund, Growth Fund, and Growth Fund. 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.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.017 | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.89 |
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.| Risk Adjusted Performance | 0.1084 | |||
| Jensen Alpha | 0.0268 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.1561 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aggressive Growth'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.
Aggressive Growth Backtested Returns
Aggressive Growth appears to be very steady, given 3 months investment horizon. Aggressive Growth secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% 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 makes use of Aggressive Growth's mean deviation of 0.8062, and Risk Adjusted Performance of 0.1084 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Aggressive Growth returns are very sensitive to returns on the market. As the market goes up or down, Aggressive Growth is expected to follow.
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 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Coefficient | 0.88 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 25.23 |
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |