Aggressive Allocation Fund Market Value
| GAGYX Fund | USD 13.74 0.01 0.07% |
| Symbol | Aggressive |
Aggressive Allocation '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 Aggressive Allocation'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 Aggressive Allocation.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Aggressive Allocation on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Aggressive Allocation Fund or generate 0.0% return on investment in Aggressive Allocation over 720 days. Aggressive Allocation is related to or competes with Fidelity Series, Lord Abbett, Franklin Adjustable, Prudential Government, Us Government, and Virtus Seix. The fund, primarily through investments in the GuideStone Funds Select Funds, combines a greater percentage of U.S More
Aggressive Allocation 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 Aggressive Allocation'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 Aggressive Allocation Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6774 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.26 |
Aggressive Allocation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aggressive Allocation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aggressive Allocation's standard deviation. In reality, there are many statistical measures that can use Aggressive Allocation historical prices to predict the future Aggressive Allocation's volatility.| Risk Adjusted Performance | 0.0972 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 2.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aggressive Allocation'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.
Aggressive Allocation Backtested Returns
At this stage we consider Aggressive Mutual Fund to be very steady. Aggressive Allocation secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aggressive Allocation Fund, which you can use to evaluate the volatility of the entity. Please confirm Aggressive Allocation's risk adjusted performance of 0.0972, and Mean Deviation of 0.5138 to double-check if the risk estimate we provide is consistent with the expected return of 0.0863%. The fund shows a Beta (market volatility) of 0.0345, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aggressive Allocation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aggressive Allocation is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
Aggressive Allocation Fund has good predictability. Overlapping area represents the amount of predictability between Aggressive Allocation time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Aggressive Allocation price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Aggressive Allocation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Aggressive Allocation lagged returns against current returns
Autocorrelation, which is Aggressive Allocation 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 Aggressive Allocation's mutual fund expected returns. We can calculate the autocorrelation of Aggressive Allocation returns to help us make a trade decision. For example, suppose you find that Aggressive Allocation 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 |
Aggressive Allocation 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 Aggressive Allocation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aggressive Allocation mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aggressive Allocation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aggressive Allocation Lagged Returns
When evaluating Aggressive Allocation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aggressive Allocation mutual fund have on its future price. Aggressive Allocation 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, Aggressive Allocation autocorrelation shows the relationship between Aggressive Allocation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aggressive Allocation 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 Aggressive Mutual Fund
Aggressive Allocation financial ratios help investors to determine whether Aggressive 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 Aggressive with respect to the benefits of owning Aggressive Allocation security.
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