Greenspring Fund Retail Fund Market Value
GRSPX Fund | USD 25.74 0.26 1.00% |
Symbol | Greenspring |
Greenspring Fund '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 Greenspring Fund'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 Greenspring Fund.
11/18/2024 |
| 01/17/2025 |
If you would invest 0.00 in Greenspring Fund on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Greenspring Fund Retail or generate 0.0% return on investment in Greenspring Fund over 60 days. Greenspring Fund is related to or competes with Berwyn Income, Fpa Crescent, James Balanced:, Permanent Portfolio, and Leuthold E. The fund primarily invests in equity securities its investment sub-adviser, believes are undervalued at the time of purc... More
Greenspring Fund 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 Greenspring Fund'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 Greenspring Fund Retail upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.02) | |||
Maximum Drawdown | 10.63 | |||
Value At Risk | (1.23) | |||
Potential Upside | 1.36 |
Greenspring Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenspring Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenspring Fund's standard deviation. In reality, there are many statistical measures that can use Greenspring Fund historical prices to predict the future Greenspring Fund's volatility.Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (0.14) |
Greenspring Fund Retail Backtested Returns
Greenspring Fund Retail holds Efficiency (Sharpe) Ratio of -0.0479, which attests that the entity had a -0.0479% return per unit of risk over the last 3 months. Greenspring Fund Retail exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenspring Fund's Standard Deviation of 1.24, market risk adjusted performance of (0.13), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Greenspring Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenspring Fund is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
Greenspring Fund Retail has weak reverse predictability. Overlapping area represents the amount of predictability between Greenspring Fund time series from 18th of November 2024 to 18th of December 2024 and 18th of December 2024 to 17th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Greenspring Fund Retail price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Greenspring Fund price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.26 | |
Spearman Rank Test | 0.07 | |
Residual Average | 0.0 | |
Price Variance | 0.06 |
Greenspring Fund Retail lagged returns against current returns
Autocorrelation, which is Greenspring Fund 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 Greenspring Fund's mutual fund expected returns. We can calculate the autocorrelation of Greenspring Fund returns to help us make a trade decision. For example, suppose you find that Greenspring Fund 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 |
Greenspring Fund 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 Greenspring Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenspring Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenspring Fund mutual fund over time.
Current vs Lagged Prices |
Timeline |
Greenspring Fund Lagged Returns
When evaluating Greenspring Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenspring Fund mutual fund have on its future price. Greenspring Fund 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, Greenspring Fund autocorrelation shows the relationship between Greenspring Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Greenspring Fund Retail.
Regressed Prices |
Timeline |
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Other Information on Investing in Greenspring Mutual Fund
Greenspring Fund financial ratios help investors to determine whether Greenspring 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 Greenspring with respect to the benefits of owning Greenspring Fund security.
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