Government Securities Fund Market Value

USGNX Fund  USD 8.81  0.03  0.34%   
Government Securities' market value is the price at which a share of Government Securities trades on a public exchange. It measures the collective expectations of Government Securities Fund investors about its performance. Government Securities is trading at 8.81 as of the 13th of December 2024; that is 0.34 percent down since the beginning of the trading day. The fund's open price was 8.84.
With this module, you can estimate the performance of a buy and hold strategy of Government Securities Fund and determine expected loss or profit from investing in Government Securities over a given investment horizon. Check out Government Securities Correlation, Government Securities Volatility and Government Securities Alpha and Beta module to complement your research on Government Securities.
Symbol

Please note, there is a significant difference between Government Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Government Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Government Securities' 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.

Government Securities '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 Government Securities' 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 Government Securities.
0.00
11/13/2024
No Change 0.00  0.0 
In 30 days
12/13/2024
0.00
If you would invest  0.00  in Government Securities on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Government Securities Fund or generate 0.0% return on investment in Government Securities over 30 days. Government Securities is related to or competes with Victory Diversified, Victory Sophus, Target Retirement, Target Retirement, Income Fund, Usaa Nasdaq, and International Fund. The fund normally invests at least 80 percent of its assets in government securities, U.S More

Government Securities 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 Government Securities' 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 Government Securities Fund upside and downside potential and time the market with a certain degree of confidence.

Government Securities Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Government Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Government Securities' standard deviation. In reality, there are many statistical measures that can use Government Securities historical prices to predict the future Government Securities' volatility.
Hype
Prediction
LowEstimatedHigh
8.558.819.07
Details
Intrinsic
Valuation
LowRealHigh
8.568.829.08
Details

Government Securities Backtested Returns

Government Securities holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Government Securities exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Government Securities' Standard Deviation of 0.2603, risk adjusted performance of (0.10), and Market Risk Adjusted Performance of 2.34 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0173, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Government Securities are expected to decrease at a much lower rate. During the bear market, Government Securities is likely to outperform the market.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Government Securities Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Government Securities time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 Government Securities price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Government Securities price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.0

Government Securities lagged returns against current returns

Autocorrelation, which is Government Securities 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 Government Securities' mutual fund expected returns. We can calculate the autocorrelation of Government Securities returns to help us make a trade decision. For example, suppose you find that Government Securities 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  

Government Securities 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 Government Securities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Government Securities mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Government Securities mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Government Securities Lagged Returns

When evaluating Government Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Government Securities mutual fund have on its future price. Government Securities 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, Government Securities autocorrelation shows the relationship between Government Securities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Government Securities 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 Government Mutual Fund

Government Securities financial ratios help investors to determine whether Government 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 Government with respect to the benefits of owning Government Securities security.
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