Growth Income Fund Price on October 24, 2024
| USGRX Fund | USD 28.88 0.16 0.56% |
Below is the normalized historical share price chart for Growth Income Fund extending back to July 06, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Growth Income stands at 28.88, as last reported on the 24th of November, with the highest price reaching 28.88 and the lowest price hitting 28.88 during the day.
If you're considering investing in Growth Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Growth Mutual Fund to be very steady. Growth Income 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-eight technical indicators for Growth Income, which you can use to evaluate the volatility of the entity. Please check out Growth Income's Risk Adjusted Performance of 0.109, downside deviation of 0.7088, and Market Risk Adjusted Performance of 0.1196 to validate if the risk estimate we provide is consistent with the expected return of 0.0885%.
Growth Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Growth |
Sharpe Ratio = 0.1254
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| Cash | USGRX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Growth Income is performing at about 9% 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 Income by adding it to a well-diversified portfolio.
Growth Income Valuation on October 24, 2024
It is possible to determine the worth of Growth Income on a given historical date. On October 24, 2024 Growth was worth 28.0 at the beginning of the trading date compared to the closed value of 28.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Growth Income mutual fund. Still, in general, we apply an absolute valuation method to find Growth Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Growth Income's related companies.
| Open | High | Low | Close | Volume | |
| 27.90 | 27.90 | 27.90 | 27.90 | 1.00 | |
10/24/2024 | 28.00 | 28.00 | 28.00 | 28.00 | 1.00 |
| 27.91 | 27.91 | 27.91 | 27.91 | 1.00 |
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Growth Income Trading Date Momentum on October 24, 2024
| On October 25 2024 Growth Income Fund was traded for 27.91 at the closing time. The highest daily price throughout the period was 27.91 and the lowest price was 27.91 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.32% . The overall trading delta to current closing price is 1.54% . |
Growth Income Fundamentals Correlations and Trends
By evaluating Growth Income's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Growth Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Growth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Growth Income Mutual Fund history
Growth Income 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 Income 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 Income stock prices may prove useful in developing a viable investing in Growth Income
The fund invests its assets primarily in equity securities that show the best potential for total return through a combination of capital growth and income. Although the fund invests primarily in U.S. securities, it may invest up to 20 percent of its total assets in foreign securities, including securities issued in emerging markets.
Growth Income Mutual Fund Technical Analysis
Growth Income 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 Income Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Growth Income Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Growth Income November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Growth Income 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 Income shares will generate the highest return on investment. By undertsting and applying Growth Income mutual fund market strength indicators, traders can identify Growth Income Fund entry and exit signals to maximize returns
Growth Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Growth Income'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 | 0.109 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1096 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Growth Mutual Fund
Growth Income 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 Income security.
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