Green Century Msci Fund Market Value
| GCIFX Fund | USD 14.15 0.07 0.50% |
| 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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Green Century on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Green Century Msci or generate 0.0% return on investment in Green Century over 30 days. Green Century is related to or competes with Green Century, Green Century, Green Century, Green Century, and Strategic Allocation:. The fund invests substantially all of its assets in the common stocks which make up the underlying index 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 Msci upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 4.2 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.27 |
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 | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.13) |
Green Century Msci Backtested Returns
Green Century Msci holds Efficiency (Sharpe) Ratio of -0.0759, which attests that the entity had a -0.0759% return per unit of risk over the last 3 months. Green Century Msci exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Century's Standard Deviation of 0.8525, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Green Century's returns are expected to increase less than the market. However, during the bear market, the loss of holding Green Century is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Green Century Msci has weak predictability. Overlapping area represents the amount of predictability between Green Century time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Msci price movement. The serial correlation of 0.21 indicates that over 21.0% of current Green Century price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Green Century Msci 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 Msci.
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.
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