Growth Mutual Fund Market Value

CGFCX
 Fund
  

USD 53.33  0.69  1.31%   

Growth Fund's market value is the price at which a share of Growth Fund stock trades on a public exchange. It measures the collective expectations of The Growth Fund investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of The Growth Fund and determine expected loss or profit from investing in Growth Fund over a given investment horizon. Continue to Growth Fund Correlation, Growth Fund Volatility and Growth Fund Alpha and Beta module to complement your research on Growth Fund.
Symbol

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

Growth Fund '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 Fund'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 Fund.
0.00
07/19/2022
No Change 0.00  0.0 
In 30 days
08/18/2022
0.00
If you would invest  0.00  in Growth Fund on July 19, 2022 and sell it all today you would earn a total of 0.00 from holding The Growth Fund or generate 0.0% return on investment in Growth Fund over 30 days. The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities... More

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

Growth Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Fund's standard deviation. In reality, there are many statistical measures that can use Growth Fund historical prices to predict the future Growth Fund's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Growth Fund'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. Please use the tools below to analyze the current value of Growth Fund in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.8852.6454.40
Details
Intrinsic
Valuation
LowReal ValueHigh
49.9751.7353.49
Details
Naive
Forecast
LowNext ValueHigh
52.4654.2155.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
46.3250.3254.33
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Growth Fund. Your research has to be compared to or analyzed against Growth Fund's peers to derive any actionable benefits. When done correctly, Growth Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Growth Fund.

Growth Fund Backtested Returns

We consider Growth Fund very steady. Growth Fund holds Efficiency (Sharpe) Ratio of 0.0932, which attests that the entity had 0.0932% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Growth Fund, which you can use to evaluate the future volatility of the entity. Please check out Growth Fund Market Risk Adjusted Performance of 0.0817, risk adjusted performance of 0.0751, and Downside Deviation of 1.82 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
The fund retains a Market Volatility (i.e., Beta) of 1.3315, which attests to a somewhat significant risk relative to the market. Let's try to break down what Growth's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Growth Fund will likely underperform. Although it is important to respect Growth Fund current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Growth Fund technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future.

Auto-correlation

    
  0.73  

Good predictability

The Growth Fund has good predictability. Overlapping area represents the amount of predictability between Growth Fund time series from 19th of July 2022 to 3rd of August 2022 and 3rd of August 2022 to 18th of August 2022. 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 Fund price movement. The serial correlation of 0.73 indicates that around 73.0% of current Growth Fund price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.86
Residual Average0.0
Price Variance0.71

Growth Fund lagged returns against current returns

Autocorrelation, which is Growth Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Growth Fund returns to help us make a trade decision. For example, suppose you find that Growth Fund mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Growth Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Fund 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 Fund mutual fund over time.
   Current vs Lagged Prices   
Share
       Timeline  

Growth Fund Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Growth Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Growth Fund's short interest history, or implied volatility extrapolated from Growth Fund options trading.
Continue to Growth Fund Correlation, Growth Fund Volatility and Growth Fund Alpha and Beta module to complement your research on Growth Fund. Note that the Growth Fund information on this page should be used as a complementary analysis to other Growth Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Growth Mutual Fund analysis

When running Growth Fund price analysis, check to measure Growth Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Growth Fund is operating at the current time. Most of Growth Fund's value examination focuses on studying past and present price action to predict the probability of Growth Fund's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Growth Fund's price. Additionally, you may evaluate how the addition of Growth Fund to your portfolios can decrease your overall portfolio volatility.
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Growth Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Growth Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Growth Fund trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...