Capital Growth Fund Market Value
| USCGX Fund | USD 14.70 0.11 0.75% |
| Symbol | Capital |
Capital Growth '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 Capital Growth'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 Capital Growth.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Capital Growth on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Capital Growth Fund or generate 0.0% return on investment in Capital Growth over 390 days. Capital Growth is related to or competes with International Fund, Emerging Markets, Science Technology, Aggressive Growth, and Growth Income. The fund invests primarily in U.S. and foreign equity securities that are believed to be the most attractive in the glob... More
Capital Growth 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 Capital Growth'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 Capital Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.768 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.16 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.11 |
Capital Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Growth's standard deviation. In reality, there are many statistical measures that can use Capital Growth historical prices to predict the future Capital Growth's volatility.| Risk Adjusted Performance | 0.053 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0553 |
Capital Growth Backtested Returns
At this stage we consider Capital Mutual Fund to be very steady. Capital Growth secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Capital Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Capital Growth's Mean Deviation of 0.5598, downside deviation of 0.768, and Risk Adjusted Performance of 0.053 to double-check if the risk estimate we provide is consistent with the expected return of 0.074%. The fund shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capital Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital Growth is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Capital Growth Fund has very good predictability. Overlapping area represents the amount of predictability between Capital Growth time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Capital Growth price movement. The serial correlation of 0.82 indicates that around 82.0% of current Capital Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Capital Growth lagged returns against current returns
Autocorrelation, which is Capital Growth 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 Capital Growth's mutual fund expected returns. We can calculate the autocorrelation of Capital Growth returns to help us make a trade decision. For example, suppose you find that Capital Growth 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 |
Capital Growth 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 Capital Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Capital Growth Lagged Returns
When evaluating Capital Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Growth mutual fund have on its future price. Capital Growth 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, Capital Growth autocorrelation shows the relationship between Capital Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Capital Growth Fund.
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 Capital Mutual Fund
Capital Growth financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Growth security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |