The Equity Growth Fund Market Value
| BGGSX Fund | USD 27.40 0.08 0.29% |
| Symbol | BGGSX |
Us Equity '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 Us Equity'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 Us Equity.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Us Equity on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding The Equity Growth or generate 0.0% return on investment in Us Equity over 30 days. Us Equity is related to or competes with Quantitative Longshort, Vanguard Institutional, Siit Ultra, Touchstone Ultra, Jhancock Short, Ultra-short Fixed, and Chartwell Short. Under normal circumstances, the fund invests at least 80 percent of its net assets in common stocks and other equity sec... More
Us Equity 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 Us Equity'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 The Equity Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.129 | |||
| Maximum Drawdown | 6.31 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.22 |
Us Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Equity's standard deviation. In reality, there are many statistical measures that can use Us Equity historical prices to predict the future Us Equity's volatility.| Risk Adjusted Performance | 0.1756 | |||
| Jensen Alpha | 0.1498 | |||
| Total Risk Alpha | 0.0868 | |||
| Sortino Ratio | 0.1182 | |||
| Treynor Ratio | 0.2421 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Equity'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.
Equity Growth Backtested Returns
Us Equity appears to be very steady, given 3 months investment horizon. Equity Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the fund had a 0.29% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Equity Growth, which you can use to evaluate the volatility of the fund. Please review Us Equity's Coefficient Of Variation of 447.18, risk adjusted performance of 0.1756, and Semi Deviation of 0.9976 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.18, which indicates 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, Us Equity will likely underperform.
Auto-correlation | 0.95 |
Excellent predictability
The Equity Growth has excellent predictability. Overlapping area represents the amount of predictability between Us Equity time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Equity Growth price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Us Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Equity Growth lagged returns against current returns
Autocorrelation, which is Us Equity 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 Us Equity's mutual fund expected returns. We can calculate the autocorrelation of Us Equity returns to help us make a trade decision. For example, suppose you find that Us Equity 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 |
Us Equity 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 Us Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Equity Lagged Returns
When evaluating Us Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Equity mutual fund have on its future price. Us Equity 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, Us Equity autocorrelation shows the relationship between Us Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Equity Growth.
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 BGGSX Mutual Fund
Us Equity financial ratios help investors to determine whether BGGSX 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 BGGSX with respect to the benefits of owning Us Equity security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |