Growth Fund Of Fund Market Value
RGAGX Fund | USD 71.19 0.13 0.18% |
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.
04/04/2023 |
| 03/29/2024 |
If you would invest 0.00 in Growth Fund on April 4, 2023 and sell it all today you would earn a total of 0.00 from holding Growth Fund Of or generate 0.0% return on investment in Growth Fund over 360 days. Growth Fund 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 common stocks and seeks to invest in companies that appear to offer superior opportunities... 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 Of upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.7338 | |||
Information Ratio | 0.06 | |||
Maximum Drawdown | 4.06 | |||
Value At Risk | (1.31) | |||
Potential Upside | 1.6 |
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 | 0.1235 | |||
Jensen Alpha | 0.0264 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0708 | |||
Treynor Ratio | 0.1468 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Growth Fund'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.
Growth Fund Backtested Returns
Growth Fund appears to be very steady, given 3 months investment horizon. Growth Fund holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Growth Fund, which you can use to evaluate the volatility of the entity. Please utilize Growth Fund's Downside Deviation of 0.7338, market risk adjusted performance of 0.1568, and Risk Adjusted Performance of 0.1235 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.2, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Growth Fund will likely underperform.
Auto-correlation | 0.82 |
Very good predictability
Growth Fund Of has very good predictability. Overlapping area represents the amount of predictability between Growth Fund time series from 4th of April 2023 to 1st of October 2023 and 1st of October 2023 to 29th of March 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 price movement. The serial correlation of 0.82 indicates that around 82.0% of current Growth Fund price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.82 | |
Spearman Rank Test | 0.76 | |
Residual Average | 0.0 | |
Price Variance | 30.04 |
Growth Fund 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 Of.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out Growth Fund Correlation, Growth Fund Volatility and Growth Fund Alpha and Beta module to complement your research on Growth Fund. Note that the Growth Fund information on this page should be used as a complementary analysis to other Growth Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Growth Mutual Fund analysis
When running Growth Fund's price analysis, check to measure Growth Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Growth Fund is operating at the current time. Most of Growth Fund's value examination focuses on studying past and present price action to predict the probability of Growth Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Growth Fund's price. Additionally, you may evaluate how the addition of Growth Fund to your portfolios can decrease your overall portfolio volatility.
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Growth Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.