Amana Growth Fund Market Value
| AMAGX Fund | USD 85.47 0.17 0.20% |
| Symbol | Amana |
Amana 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 Amana 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 Amana Growth.
| 05/18/2025 |
| 08/16/2025 |
If you would invest 0.00 in Amana Growth on May 18, 2025 and sell it all today you would earn a total of 0.00 from holding Amana Growth Fund or generate 0.0% return on investment in Amana Growth over 90 days. Amana Growth is related to or competes with Needham Small, Sp Smallcap, Eagle Small, Transamerica International, Scout Small, Nt International, and Old Westbury. The fund normally invests at least 80 percent of total net assets in common stocks More
Amana 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 Amana 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 Amana Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6544 | |||
| Information Ratio | 0.0814 | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.27 |
Amana Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amana Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amana Growth's standard deviation. In reality, there are many statistical measures that can use Amana Growth historical prices to predict the future Amana Growth's volatility.| Risk Adjusted Performance | 0.1614 | |||
| Jensen Alpha | 0.1598 | |||
| Total Risk Alpha | 0.0591 | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | (0.98) |
Amana Growth Backtested Returns
At this stage we consider Amana Mutual Fund to be very steady. Amana Growth secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amana Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Amana Growth's risk adjusted performance of 0.1614, and Mean Deviation of 0.5354 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amana Growth are expected to decrease at a much lower rate. During the bear market, Amana Growth is likely to outperform the market.
Auto-correlation | 0.68 |
Good predictability
Amana Growth Fund has good predictability. Overlapping area represents the amount of predictability between Amana Growth time series from 18th of May 2025 to 2nd of July 2025 and 2nd of July 2025 to 16th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amana Growth price movement. The serial correlation of 0.68 indicates that around 68.0% of current Amana Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Amana Growth lagged returns against current returns
Autocorrelation, which is Amana 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 Amana Growth's mutual fund expected returns. We can calculate the autocorrelation of Amana Growth returns to help us make a trade decision. For example, suppose you find that Amana 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 |
Amana 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 Amana Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amana 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 Amana Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amana Growth Lagged Returns
When evaluating Amana Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amana Growth mutual fund have on its future price. Amana 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, Amana Growth autocorrelation shows the relationship between Amana Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amana Growth 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 Amana Mutual Fund
Amana Growth financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Growth security.
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