Growth Equity Investor Fund Market Value
| GGEZX Fund | USD 30.05 0.22 0.74% |
| Symbol | Growth |
Growth Equity '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 Equity'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 Equity.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Growth Equity on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Growth Equity Investor or generate 0.0% return on investment in Growth Equity over 690 days. Growth Equity is related to or competes with American Mutual, Dodge Cox, Virtus Nfj, T Rowe, and Dana Large. The fund invests mainly in equity securities, which can include stock, stock futures, rights, warrants or securities con... More
Growth Equity 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 Equity'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 Equity Investor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.0162 | |||
| Maximum Drawdown | 4.96 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.58 |
Growth Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Equity's standard deviation. In reality, there are many statistical measures that can use Growth Equity historical prices to predict the future Growth Equity's volatility.| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.0361 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0125 | |||
| Treynor Ratio | 0.159 |
Growth Equity Investor Backtested Returns
Growth Equity appears to be very steady, given 3 months investment horizon. Growth Equity Investor holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Growth Equity Investor, which you can use to evaluate the volatility of the entity. Please utilize Growth Equity's Market Risk Adjusted Performance of 0.169, risk adjusted performance of 0.1106, and Downside Deviation of 1.3 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Growth Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Equity is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Growth Equity Investor has very good predictability. Overlapping area represents the amount of predictability between Growth Equity time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Equity Investor price movement. The serial correlation of 0.82 indicates that around 82.0% of current Growth Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 3.08 |
Growth Equity Investor lagged returns against current returns
Autocorrelation, which is Growth Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Growth Equity returns to help us make a trade decision. For example, suppose you find that Growth Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth Equity Lagged Returns
When evaluating Growth Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth Equity mutual fund have on its future price. Growth Equity 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 Equity autocorrelation shows the relationship between Growth Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth Equity Investor.
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 Equity 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 Equity security.
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