Growth And Tax Fund Market Value
| USBLX Fund | USD 27.25 0.29 1.08% |
| Symbol | Growth |
Growth And '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 And'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 And.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Growth And on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Growth And Tax or generate 0.0% return on investment in Growth And over 90 days. Growth And is related to or competes with World Growth, Income Stock, Tax Exempt, Growth Fund, and Tax Exempt. Using preset target ranges, the funds strategy is to invest a majority of its assets in tax-exempt bonds and money marke... More
Growth And 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 And'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 And Tax upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.6463 |
Growth And Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth And's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth And's standard deviation. In reality, there are many statistical measures that can use Growth And historical prices to predict the future Growth And's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.20) |
Growth And Tax Backtested Returns
Growth And Tax holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Growth And Tax exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Growth And's Market Risk Adjusted Performance of (0.19), standard deviation of 0.5465, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Growth And's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth And is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
Growth And Tax has modest reverse predictability. Overlapping area represents the amount of predictability between Growth And 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 And Tax price movement. The serial correlation of -0.49 indicates that about 49.0% of current Growth And price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Growth And Tax lagged returns against current returns
Autocorrelation, which is Growth And 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 And's mutual fund expected returns. We can calculate the autocorrelation of Growth And returns to help us make a trade decision. For example, suppose you find that Growth And 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 And 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 And mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth And 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 And mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth And Lagged Returns
When evaluating Growth And's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth And mutual fund have on its future price. Growth And 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 And autocorrelation shows the relationship between Growth And mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth And Tax.
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 And 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 And security.
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