Greenspring Fund Retail Fund Market Value
| GRSPX Fund | USD 28.57 0.02 0.07% |
| Symbol | Greenspring |
Greenspring 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 Greenspring 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 Greenspring Fund.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Greenspring Fund on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Greenspring Fund Retail or generate 0.0% return on investment in Greenspring Fund over 720 days. Greenspring Fund is related to or competes with Berwyn Income, Fpa Crescent, James Balanced, Permanent Portfolio, and Leuthold Core. The fund primarily invests in equity securities its investment sub-adviser, believes are undervalued at the time of purc... More
Greenspring 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 Greenspring 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 Greenspring Fund Retail upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8496 | |||
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.46 |
Greenspring Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenspring Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenspring Fund's standard deviation. In reality, there are many statistical measures that can use Greenspring Fund historical prices to predict the future Greenspring Fund's volatility.| Risk Adjusted Performance | 0.1338 | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0271 | |||
| Treynor Ratio | 0.1403 |
Greenspring Fund Retail Backtested Returns
At this stage we consider Greenspring Mutual Fund to be very steady. Greenspring Fund Retail 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-eight technical indicators for Greenspring Fund Retail, which you can use to evaluate the volatility of the entity. Please check out Greenspring Fund's Risk Adjusted Performance of 0.1338, market risk adjusted performance of 0.1503, and Downside Deviation of 0.8496 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. The fund retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. Greenspring Fund returns are very sensitive to returns on the market. As the market goes up or down, Greenspring Fund is expected to follow.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Greenspring Fund Retail has insignificant reverse predictability. Overlapping area represents the amount of predictability between Greenspring Fund time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Greenspring Fund Retail price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Greenspring Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
Greenspring Fund Retail lagged returns against current returns
Autocorrelation, which is Greenspring 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 Greenspring Fund's mutual fund expected returns. We can calculate the autocorrelation of Greenspring Fund returns to help us make a trade decision. For example, suppose you find that Greenspring Fund 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 |
Greenspring 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 Greenspring Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenspring 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 Greenspring Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Greenspring Fund Lagged Returns
When evaluating Greenspring Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenspring Fund mutual fund have on its future price. Greenspring 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, Greenspring Fund autocorrelation shows the relationship between Greenspring Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Greenspring Fund Retail.
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 Greenspring Mutual Fund
Greenspring Fund financial ratios help investors to determine whether Greenspring 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 Greenspring with respect to the benefits of owning Greenspring Fund security.
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