Growth Portfolio Class Fund Market Value
| MSGUX Fund | USD 42.74 0.85 2.03% |
| 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.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Growth Portfolio on May 27, 2024 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 180 days. Growth Portfolio is related to or competes with Barings Active, Rbc Short, Siit Ultra, Astor Long/short, Ultra-short Term, Calvert Short, and Touchstone Ultra. 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 | 1.29 | |||
| Information Ratio | 0.2226 | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 3.38 |
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 | 0.234 | |||
| Jensen Alpha | 0.532 | |||
| Total Risk Alpha | 0.234 | |||
| Sortino Ratio | 0.3 | |||
| Treynor Ratio | (2.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Growth Portfolio'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.
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 0.31, which attests that the entity had a 0.31% 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 0.54% is justified by implied risk. Please utilize Growth Portfolio's Market Risk Adjusted Performance of (2.53), downside deviation of 1.29, and Risk Adjusted Performance of 0.234 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Growth Portfolio are expected to decrease at a much lower rate. During the bear market, Growth Portfolio is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
Growth Portfolio Class has modest predictability. Overlapping area represents the amount of predictability between Growth Portfolio time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 0.56 indicates that roughly 56.0% of current Growth Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 10.83 |
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.
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