Growth Strategy Fund Market Value
| RALCX Fund | USD 12.08 0.02 0.17% |
| Symbol | GROWTH |
Growth Strategy '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 Strategy'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 Strategy.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Growth Strategy on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Growth Strategy Fund or generate 0.0% return on investment in Growth Strategy over 720 days. Growth Strategy is related to or competes with American Funds, American Funds, Income Fund, Income Fund, Income Fund, Income Fund, and Income Fund. The fund is a fund of funds, which seeks to achieve its objective by investing in a combination of several other Russell... More
Growth Strategy 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 Strategy'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 Strategy Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6673 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.81 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.7595 |
Growth Strategy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Growth Strategy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Growth Strategy's standard deviation. In reality, there are many statistical measures that can use Growth Strategy historical prices to predict the future Growth Strategy's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0738 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Growth Strategy'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.
Growth Strategy Backtested Returns
At this stage we consider GROWTH Mutual Fund to be very steady. Growth Strategy 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. We have found twenty-seven technical indicators for Growth Strategy, which you can use to evaluate the volatility of the entity. Please check out Growth Strategy's Market Risk Adjusted Performance of 0.0838, downside deviation of 0.6673, and Risk Adjusted Performance of 0.0696 to validate if the risk estimate we provide is consistent with the expected return of 0.0715%. The fund retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Growth Strategy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Growth Strategy is expected to be smaller as well.
Auto-correlation | 0.47 |
Average predictability
Growth Strategy Fund has average predictability. Overlapping area represents the amount of predictability between Growth Strategy 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 Growth Strategy price movement. The serial correlation of 0.47 indicates that about 47.0% of current Growth Strategy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Growth Strategy lagged returns against current returns
Autocorrelation, which is Growth Strategy 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 Strategy's mutual fund expected returns. We can calculate the autocorrelation of Growth Strategy returns to help us make a trade decision. For example, suppose you find that Growth Strategy 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 Strategy 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 Strategy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Growth Strategy 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 Strategy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Growth Strategy Lagged Returns
When evaluating Growth Strategy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Growth Strategy mutual fund have on its future price. Growth Strategy 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 Strategy autocorrelation shows the relationship between Growth Strategy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Growth Strategy 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 GROWTH Mutual Fund
Growth Strategy 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 Strategy security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |