Green Century Balanced Fund Market Value
| GCBUX Fund | USD 37.28 0.17 0.45% |
| Symbol | Green |
Green Century '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 Green Century'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 Green Century.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Green Century on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Green Century Balanced or generate 0.0% return on investment in Green Century over 720 days. Green Century is related to or competes with Green Century, Portfolio, New Alternatives, Pax Balanced, and Pax Global. The fund invests primarily in the stocks and bonds of U.S More
Green Century 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 Green Century'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 Green Century Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4966 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.3 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.6516 |
Green Century Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Century's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Century's standard deviation. In reality, there are many statistical measures that can use Green Century historical prices to predict the future Green Century's volatility.| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Green Century'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.
Green Century Balanced Backtested Returns
At this stage we consider Green Mutual Fund to be very steady. Green Century Balanced holds Efficiency (Sharpe) Ratio of 0.0227, which attests that the entity had a 0.0227% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Green Century Balanced, which you can use to evaluate the volatility of the entity. Please check out Green Century's Risk Adjusted Performance of 0.0127, downside deviation of 0.4966, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0101%. The fund retains a Market Volatility (i.e., Beta) of -0.027, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Century are expected to decrease at a much lower rate. During the bear market, Green Century is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
Green Century Balanced has poor predictability. Overlapping area represents the amount of predictability between Green Century time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Green Century Balanced price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Green Century price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2.05 |
Green Century Balanced lagged returns against current returns
Autocorrelation, which is Green Century 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 Green Century's mutual fund expected returns. We can calculate the autocorrelation of Green Century returns to help us make a trade decision. For example, suppose you find that Green Century 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 |
Green Century 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 Green Century mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Century mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Century mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Green Century Lagged Returns
When evaluating Green Century's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Century mutual fund have on its future price. Green Century 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, Green Century autocorrelation shows the relationship between Green Century mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Green Century Balanced.
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 Green Mutual Fund
Green Century financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Century security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |