Evaluator Growth Rms Fund Market Value

EVGRX Fund  USD 11.36  0.10  0.89%   
Evaluator Growth's market value is the price at which a share of Evaluator Growth trades on a public exchange. It measures the collective expectations of Evaluator Growth Rms investors about its performance. Evaluator Growth is trading at 11.36 as of the 28th of March 2024; that is 0.89 percent up since the beginning of the trading day. The fund's open price was 11.26.
With this module, you can estimate the performance of a buy and hold strategy of Evaluator Growth Rms and determine expected loss or profit from investing in Evaluator Growth over a given investment horizon. Check out Evaluator Growth Correlation, Evaluator Growth Volatility and Evaluator Growth Alpha and Beta module to complement your research on Evaluator Growth.
Symbol

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

Evaluator Growth '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 Evaluator Growth'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 Evaluator Growth.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Evaluator Growth on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Evaluator Growth Rms or generate 0.0% return on investment in Evaluator Growth over 30 days. Evaluator Growth is related to or competes with State Farm, Evaluator Aggressive, Evaluator Tactically, Evaluator Moderate, Evaluator Aggressive, Evaluator Conservative, and Evaluator Growth. The fund invests in the securities of other unaffiliated investment companies, including open-end funds, ETFs and closed... More

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

Evaluator Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evaluator Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evaluator Growth's standard deviation. In reality, there are many statistical measures that can use Evaluator Growth historical prices to predict the future Evaluator Growth's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evaluator Growth'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.
Hype
Prediction
LowEstimatedHigh
10.7111.2611.81
Details
Intrinsic
Valuation
LowRealHigh
10.6311.1811.73
Details
Naive
Forecast
LowNextHigh
10.7011.2511.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.2511.2711.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Evaluator Growth. Your research has to be compared to or analyzed against Evaluator Growth's peers to derive any actionable benefits. When done correctly, Evaluator Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Evaluator Growth Rms.

Evaluator Growth Rms Backtested Returns

We consider Evaluator Growth very steady. Evaluator Growth Rms secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Evaluator Growth Rms, which you can use to evaluate the volatility of the entity. Please confirm Evaluator Growth's Mean Deviation of 0.4339, semi deviation of 0.5267, and Downside Deviation of 0.7377 to check if the risk estimate we provide is consistent with the expected return of 0.0891%. The fund shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Evaluator Growth returns are very sensitive to returns on the market. As the market goes up or down, Evaluator Growth is expected to follow.

Auto-correlation

    
  0.78  

Good predictability

Evaluator Growth Rms has good predictability. Overlapping area represents the amount of predictability between Evaluator Growth time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Evaluator Growth Rms price movement. The serial correlation of 0.78 indicates that around 78.0% of current Evaluator Growth price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.85
Residual Average0.0
Price Variance0.01

Evaluator Growth Rms lagged returns against current returns

Autocorrelation, which is Evaluator Growth 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 Evaluator Growth's mutual fund expected returns. We can calculate the autocorrelation of Evaluator Growth returns to help us make a trade decision. For example, suppose you find that Evaluator Growth 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  

Evaluator Growth 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 Evaluator Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evaluator Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evaluator Growth mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Evaluator Growth Lagged Returns

When evaluating Evaluator Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evaluator Growth mutual fund have on its future price. Evaluator Growth 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, Evaluator Growth autocorrelation shows the relationship between Evaluator Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Evaluator Growth Rms.
   Regressed Prices   
       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 Evaluator Growth 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, Evaluator Growth's short interest history, or implied volatility extrapolated from Evaluator Growth options trading.

Pair Trading with Evaluator Growth

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 Evaluator Growth 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 Evaluator Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evaluator Mutual Fund

  0.94STFGX State Farm GrowthPairCorr
  0.96EVAGX Evaluator Aggressive RmsPairCorr
  0.92EVFTX Evaluator TacticallyPairCorr
  0.99EVFMX Evaluator Moderate RmsPairCorr
  0.96EVFGX Evaluator Aggressive RmsPairCorr
The ability to find closely correlated positions to Evaluator Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evaluator Growth 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 Evaluator Growth - 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 Evaluator Growth Rms to buy it.
The correlation of Evaluator Growth is a statistical measure of how it moves in relation to other instruments. 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 Evaluator Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evaluator Growth Rms 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 Evaluator Growth 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
Check out Evaluator Growth Correlation, Evaluator Growth Volatility and Evaluator Growth Alpha and Beta module to complement your research on Evaluator Growth.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Evaluator Growth's price analysis, check to measure Evaluator Growth'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 Evaluator Growth is operating at the current time. Most of Evaluator Growth's value examination focuses on studying past and present price action to predict the probability of Evaluator Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evaluator Growth's price. Additionally, you may evaluate how the addition of Evaluator Growth to your portfolios can decrease your overall portfolio volatility.
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Evaluator Growth 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 Evaluator Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Evaluator Growth 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...