My529 Growth Index Fund Market Value
| UTVGX Fund | USD 15.56 0.02 0.13% |
| Symbol | My529 |
Please note, there is a significant difference between My529 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if My529 Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, My529 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.
My529 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 My529 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 My529 Growth.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in My529 Growth on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding My529 Growth Index or generate 0.0% return on investment in My529 Growth over 90 days. My529 Growth is related to or competes with Jpmorgan High, Blackrock High, Simt High, Pax High, Transamerica High, and Lord Abbett. My529 Growth is entity of United States. It is traded as Fund on NASDAQ exchange. More
My529 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 My529 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 My529 Growth Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.1524 | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.54 |
My529 Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for My529 Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as My529 Growth's standard deviation. In reality, there are many statistical measures that can use My529 Growth historical prices to predict the future My529 Growth's volatility.| Risk Adjusted Performance | 0.2494 | |||
| Jensen Alpha | 0.2217 | |||
| Total Risk Alpha | 0.1464 | |||
| Sortino Ratio | 0.1663 | |||
| Treynor Ratio | 0.4176 |
My529 Growth Index Backtested Returns
My529 Growth appears to be very steady, given 3 months investment horizon. My529 Growth Index retains Efficiency (Sharpe Ratio) of 0.38, which conveys that the entity had a 0.38 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for My529 Growth, which you can use to evaluate the volatility of the fund. Please exercise My529 Growth's Coefficient Of Variation of 378.46, mean deviation of 0.8057, and Market Risk Adjusted Performance of 0.4276 to check out if our risk estimates are consistent with your expectations. The fund owns a Beta (Systematic Risk) of 0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, My529 Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding My529 Growth is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
My529 Growth Index has very good predictability. Overlapping area represents the amount of predictability between My529 Growth time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 My529 Growth Index price movement. The serial correlation of 0.84 indicates that around 84.0% of current My529 Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
My529 Growth Index lagged returns against current returns
Autocorrelation, which is My529 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 My529 Growth's mutual fund expected returns. We can calculate the autocorrelation of My529 Growth returns to help us make a trade decision. For example, suppose you find that My529 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 |
My529 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 My529 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if My529 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 My529 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
My529 Growth Lagged Returns
When evaluating My529 Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of My529 Growth mutual fund have on its future price. My529 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, My529 Growth autocorrelation shows the relationship between My529 Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in My529 Growth Index.
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 My529 Mutual Fund
My529 Growth financial ratios help investors to determine whether My529 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 My529 with respect to the benefits of owning My529 Growth security.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| 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 | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |