Growth Portfolio Class Fund Market Value
| MSHLX Fund | USD 45.01 0.52 1.14% |
| 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.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Growth Portfolio on December 8, 2022 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 720 days. Growth Portfolio is related to or competes with Baird Small/mid, Champlain Small, The Hartford, Vanguard Strategic, Ancora/thelen Small-mid, Chartwell Small, and Small Cap. The investment seeks long-term capital appreciation by investing primarily in growth-oriented equity securities of large... 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 | 1.26 | |||
| Information Ratio | 0.2506 | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 3.35 |
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 | 0.256 | |||
| Jensen Alpha | 0.5362 | |||
| Total Risk Alpha | 0.2778 | |||
| Sortino Ratio | 0.3366 | |||
| Treynor Ratio | 8.09 |
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 0.33, which attests that the entity had a 0.33% 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 0.55% is justified by implied risk. Please utilize Growth Portfolio's Downside Deviation of 1.26, risk adjusted performance of 0.256, and Market Risk Adjusted Performance of 8.1 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.0673, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Growth Portfolio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Portfolio is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Growth Portfolio Class has weak predictability. Overlapping area represents the amount of predictability between Growth Portfolio time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 0.2 indicates that over 20.0% of current Growth Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 11.66 |
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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