The Growth Fund Market Value
| CFGRX Fund | USD 55.76 0.13 0.23% |
| Symbol | The |
The 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 The 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 The Growth.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in The Growth on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding The Growth Fund or generate 0.0% return on investment in The Growth over 60 days. The Growth is related to or competes with Chartwell Small, Kinetics Small, Victory Integrity, The Hartford, Touchstone Small, Vanguard Small-cap, and Small Cap. The fund normally invests at least 65 percent of its total assets in stocks, primarily common stock More
The 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 The 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 The Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.59 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.63 |
The Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Growth's standard deviation. In reality, there are many statistical measures that can use The Growth historical prices to predict the future The Growth's volatility.| Risk Adjusted Performance | 0.1054 | |||
| Jensen Alpha | 0.0137 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1365 |
Growth Fund Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Growth Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Growth Fund, which you can use to evaluate the volatility of the fund. Please validate The Growth's Semi Deviation of 0.8877, risk adjusted performance of 0.1054, and Coefficient Of Variation of 741.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. the Growth returns are very sensitive to returns on the market. As the market goes up or down, the Growth is expected to follow.
Auto-correlation | 0.81 |
Very good predictability
The Growth Fund has very good predictability. Overlapping area represents the amount of predictability between The Growth time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Growth Fund price movement. The serial correlation of 0.81 indicates that around 81.0% of current The Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.28 |
Growth Fund lagged returns against current returns
Autocorrelation, which is The 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 The Growth's mutual fund expected returns. We can calculate the autocorrelation of The Growth returns to help us make a trade decision. For example, suppose you find that The 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 |
The 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 The Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The 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 The Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Growth Lagged Returns
When evaluating The Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Growth mutual fund have on its future price. The 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, The Growth autocorrelation shows the relationship between The Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Growth Fund.
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 The Mutual Fund
The Growth financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Growth security.
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