Growth Portfolio Class Fund Market Value
| MSEQX Fund | USD 58.61 0.48 0.83% |
| Symbol | Growth |
Growth Portfolio '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 Growth Portfolio'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 Growth Portfolio.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Growth Portfolio on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Growth Portfolio Class or generate 0.0% return on investment in Growth Portfolio over 540 days. Growth Portfolio is related to or competes with Europacific Growth, Washington Mutual, Capital World, HUMANA, SCOR PK, Ab Pennsylvania, and Thrivent High. The fund invests primarily in established and emerging companies, with capitalizations within the range of companies inc... More
Growth Portfolio 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 Growth Portfolio'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 Growth Portfolio Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.2515 | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 3.37 |
Growth Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Portfolio's standard deviation. In reality, there are many statistical measures that can use Growth Portfolio historical prices to predict the future Growth Portfolio's volatility.| Risk Adjusted Performance | 0.2548 | |||
| Jensen Alpha | 0.381 | |||
| Total Risk Alpha | 0.2866 | |||
| Sortino Ratio | 0.3349 | |||
| Treynor Ratio | 0.388 |
Growth Portfolio Class Backtested Returns
Growth Portfolio appears to be very steady, given 3 months investment horizon. Growth Portfolio Class holds Efficiency (Sharpe) Ratio of 0.38, which attests that the entity had a 0.38% return per unit of risk over the last 3 months. By evaluating Growth Portfolio's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Growth Portfolio's Market Risk Adjusted Performance of 0.398, downside deviation of 1.27, and Risk Adjusted Performance of 0.2548 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.4, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Growth Portfolio will likely underperform.
Auto-correlation | 0.75 |
Good predictability
Growth Portfolio Class has good predictability. Overlapping area represents the amount of predictability between Growth Portfolio time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Growth Portfolio Class price movement. The serial correlation of 0.75 indicates that around 75.0% of current Growth Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 19.52 |
Growth Portfolio Class lagged returns against current returns
Autocorrelation, which is Growth Portfolio 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 Growth Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Growth Portfolio returns to help us make a trade decision. For example, suppose you find that Growth Portfolio 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 |
Growth Portfolio 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 Growth Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Portfolio mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Growth Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth Portfolio Lagged Returns
When evaluating Growth Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth Portfolio mutual fund have on its future price. Growth Portfolio 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, Growth Portfolio autocorrelation shows the relationship between Growth Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth Portfolio Class.
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 Growth Mutual Fund
Growth Portfolio financial ratios help investors to determine whether Growth 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 Growth with respect to the benefits of owning Growth Portfolio security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |