Guidestone Growth Equity Fund Market Value
| GEIYX Fund | USD 16.87 0.15 0.90% |
| Symbol | GuideStone |
Guidestone 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 Guidestone 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 Guidestone Growth.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Guidestone Growth on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Guidestone Growth Equity or generate 0.0% return on investment in Guidestone Growth over 60 days. Guidestone Growth is related to or competes with Growth Allocation, Defensive Market, Defensive Market, Value Equity, Value Equity, Guidestone Value, and Guidestone Value. Under normal market conditions, the fund will invest substantially all, and normally at least 80 percent of its total as... More
Guidestone 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 Guidestone 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 Guidestone Growth Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.1 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.66 |
Guidestone Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidestone Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidestone Growth's standard deviation. In reality, there are many statistical measures that can use Guidestone Growth historical prices to predict the future Guidestone Growth's volatility.| Risk Adjusted Performance | 0.0895 | |||
| Jensen Alpha | 0.0148 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1385 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guidestone Growth'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.
Guidestone Growth Equity Backtested Returns
At this stage we consider GuideStone Mutual Fund to be very steady. Guidestone Growth Equity holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guidestone Growth Equity, which you can use to evaluate the volatility of the entity. Please check out Guidestone Growth's Risk Adjusted Performance of 0.0895, market risk adjusted performance of 0.1485, and Downside Deviation of 1.23 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The fund retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guidestone Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidestone Growth is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Guidestone Growth Equity has very good predictability. Overlapping area represents the amount of predictability between Guidestone Growth time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Guidestone Growth Equity price movement. The serial correlation of 0.83 indicates that around 83.0% of current Guidestone Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Guidestone Growth Equity lagged returns against current returns
Autocorrelation, which is Guidestone 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 Guidestone Growth's mutual fund expected returns. We can calculate the autocorrelation of Guidestone Growth returns to help us make a trade decision. For example, suppose you find that Guidestone 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 |
Guidestone 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 Guidestone Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidestone 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 Guidestone Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidestone Growth Lagged Returns
When evaluating Guidestone Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidestone Growth mutual fund have on its future price. Guidestone 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, Guidestone Growth autocorrelation shows the relationship between Guidestone Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidestone Growth Equity.
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 GuideStone Mutual Fund
Guidestone Growth financial ratios help investors to determine whether GuideStone 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 GuideStone with respect to the benefits of owning Guidestone Growth security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |