Growth Allocation Index Fund Price on September 16, 2024
FRGAX Fund | USD 11.30 0.06 0.53% |
If you're considering investing in Growth Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Growth Allocation stands at 11.30, as last reported on the 29th of November, with the highest price reaching 11.30 and the lowest price hitting 11.30 during the day. At this stage we consider Growth Mutual Fund to be out of control. Growth Allocation Index holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Growth Allocation Index, which you can use to evaluate the volatility of the entity. Please check out Growth Allocation's Risk Adjusted Performance of 0.061, market risk adjusted performance of 0.0756, and Downside Deviation of 0.5597 to validate if the risk estimate we provide is consistent with the expected return of 0.0642%.
Growth Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Growth |
Sharpe Ratio = 0.1343
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Estimated Market Risk
0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Growth Allocation is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Growth Allocation by adding it to a well-diversified portfolio.
Growth Allocation Valuation on September 16, 2024
It is possible to determine the worth of Growth Allocation on a given historical date. On September 16, 2024 Growth was worth 11.03 at the beginning of the trading date compared to the closed value of 11.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Growth Allocation mutual fund. Still, in general, we apply an absolute valuation method to find Growth Allocation's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Growth Allocation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Growth Allocation's related companies.
Open | High | Low | Close | Volume | |
11.00 | 11.00 | 11.00 | 11.00 | 1.00 | |
09/16/2024 | 11.03 | 11.03 | 11.03 | 11.03 | 1.00 |
11.03 | 11.03 | 11.03 | 11.03 | 1.00 |
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Growth Allocation Trading Date Momentum on September 16, 2024
On September 17 2024 Growth Allocation Index was traded for 11.03 at the closing time. The highest daily price throughout the period was 11.03 and the lowest price was 11.03 . There was no trading activity during the period 1.0. Lack of trading volume on 09/17/2024 did not cause price change. The overall trading delta to current closing price is 1.63% . |
About Growth Allocation Mutual Fund history
Growth Allocation investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Growth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Growth Allocation Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Growth Allocation stock prices may prove useful in developing a viable investing in Growth Allocation
The fund invests in a combination of two Fidelity equity index funds and two Fidelity investment-grade bond index funds. Allocating assets among underlying Fidelity index funds according to an asset allocation of approximately Fidelity Total Market Index Fund 49 Fidelity Total International Index Fund 21 Fidelity U.S. Bond Index Fund 25 Fidelity Short-Term Bond Index Fund 5.
Growth Allocation Mutual Fund Technical Analysis
Growth Allocation 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.
Price Boundaries
Growth Allocation Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Growth Allocation November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Growth Allocation mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Growth Allocation shares will generate the highest return on investment. By undertsting and applying Growth Allocation mutual fund market strength indicators, traders can identify Growth Allocation Index entry and exit signals to maximize returns
Growth Allocation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Growth Allocation's price direction in advance. Along with the technical and fundamental analysis of Growth Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Growth to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.061 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.15) | |||
Treynor Ratio | 0.0656 |
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Other Information on Investing in Growth Mutual Fund
Growth Allocation 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 Allocation security.
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