Growth Mutual Fund Market Value

CGFEX
 Fund
  

USD 48.81  0.58  1.17%   

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
09/03/2022
No Change 0.00  0.0 
In 31 days
10/03/2022
0.00
If you would invest  0.00  in Growth Fund on September 3, 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. Growth Fund is related to or competes with JP Morgan. 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
47.2848.8150.34
Details
Intrinsic
Valuation
LowReal ValueHigh
48.4750.0051.53
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

Growth Fund holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had -0.21% of return per unit of risk over the last month. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Growth Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Growth Fund market risk adjusted performance of (0.33), and Risk Adjusted Performance of (0.32) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of 1.182, 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. Even though it is essential to pay attention to Growth Fund current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Growth Fund exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.16  

Insignificant reverse predictability

The Growth Fund has insignificant reverse predictability. Overlapping area represents the amount of predictability between Growth Fund time series from 3rd of September 2022 to 18th of September 2022 and 18th of September 2022 to 3rd of October 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 -0.16 indicates that over 16.0% of current Growth Fund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.16
Spearman Rank Test-0.01
Residual Average0.0
Price Variance2.02

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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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   
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       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   
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       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.

Pair Trading with Growth Fund

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Growth Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Growth Fund will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Growth Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Growth Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Growth Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Growth Fund to buy it.
The correlation of Growth Fund is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Growth Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Growth Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Growth Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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...