Largecap Growth Fund Market Value

Largecap Growth's market value is the price at which a share of Largecap Growth trades on a public exchange. It measures the collective expectations of Largecap Growth Fund investors about its performance.
With this module, you can estimate the performance of a buy and hold strategy of Largecap Growth Fund and determine expected loss or profit from investing in Largecap Growth over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Symbol

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

Largecap 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 Largecap 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 Largecap Growth.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Largecap Growth on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Largecap Growth Fund or generate 0.0% return on investment in Largecap Growth over 720 days. Largecap Growth is related to or competes with Lord Abbett, Advent Claymore, Gabelli Convertible, and Calamos Dynamic. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity ... More

Largecap 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 Largecap 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 Largecap Growth Fund upside and downside potential and time the market with a certain degree of confidence.

Largecap Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Largecap Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Largecap Growth's standard deviation. In reality, there are many statistical measures that can use Largecap Growth historical prices to predict the future Largecap 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 Largecap 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
14.8515.7516.65
Details
Intrinsic
Valuation
LowRealHigh
14.1817.1718.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Largecap Growth. Your research has to be compared to or analyzed against Largecap Growth's peers to derive any actionable benefits. When done correctly, Largecap 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 Largecap Growth Fund.

Largecap Growth Fund Backtested Returns

Largecap Growth appears to be very steady, given 3 months investment horizon. Largecap Growth Fund has Sharpe Ratio of 0.22, which conveys that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Largecap Growth, which you can use to evaluate the volatility of the fund. Please exercise Largecap Growth's Downside Deviation of 0.8255, mean deviation of 0.6897, and Risk Adjusted Performance of 0.1257 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Largecap Growth returns are very sensitive to returns on the market. As the market goes up or down, Largecap Growth is expected to follow.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

Largecap Growth Fund has insignificant reverse predictability. Overlapping area represents the amount of predictability between Largecap Growth time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th 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 Largecap Growth Fund price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Largecap Growth price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test-0.24
Residual Average0.0
Price Variance1.51

Largecap Growth Fund lagged returns against current returns

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

Largecap 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 Largecap Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Largecap 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 Largecap Growth mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Largecap Growth Lagged Returns

When evaluating Largecap Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Largecap Growth mutual fund have on its future price. Largecap 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, Largecap Growth autocorrelation shows the relationship between Largecap Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Largecap Growth Fund.
   Regressed Prices   
       Timeline  

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Largecap Growth Fund using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Largecap Growth Correlation, Largecap Growth Volatility and Largecap Growth Alpha and Beta module to complement your research on Largecap Growth.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Largecap Mutual Fund analysis

When running Largecap Growth's price analysis, check to measure Largecap 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 Largecap Growth is operating at the current time. Most of Largecap Growth's value examination focuses on studying past and present price action to predict the probability of Largecap 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 Largecap Growth's price. Additionally, you may evaluate how the addition of Largecap Growth to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Largecap 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 Largecap Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Largecap 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...