Greenspring Fund Retail Fund Market Value

GRSPX Fund  USD 25.74  0.26  1.00%   
Greenspring Fund's market value is the price at which a share of Greenspring Fund trades on a public exchange. It measures the collective expectations of Greenspring Fund Retail investors about its performance. Greenspring Fund is trading at 25.74 as of the 17th of January 2025; that is 1 percent decrease since the beginning of the trading day. The fund's open price was 26.0.
With this module, you can estimate the performance of a buy and hold strategy of Greenspring Fund Retail and determine expected loss or profit from investing in Greenspring Fund over a given investment horizon. Check out Greenspring Fund Correlation, Greenspring Fund Volatility and Greenspring Fund Alpha and Beta module to complement your research on Greenspring Fund.
Symbol

Please note, there is a significant difference between Greenspring Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenspring Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenspring Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
11/18/2024
No Change 0.00  0.0 
In 2 months and 2 days
01/17/2025
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
24.4725.7427.01
Details
Intrinsic
Valuation
LowRealHigh
24.7225.9927.26
Details

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 Test0.07
Residual Average0.0
Price Variance0.06

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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