Blue Chip Growth Fund Market Value

VCBCX Fund  USD 16.80  0.05  0.30%   
Blue Chip's market value is the price at which a share of Blue Chip trades on a public exchange. It measures the collective expectations of Blue Chip Growth investors about its performance. Blue Chip is trading at 16.80 as of the 28th of March 2024; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 16.75.
With this module, you can estimate the performance of a buy and hold strategy of Blue Chip Growth and determine expected loss or profit from investing in Blue Chip over a given investment horizon. Check out Blue Chip Correlation, Blue Chip Volatility and Blue Chip Alpha and Beta module to complement your research on Blue Chip.
Symbol

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

Blue Chip '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 Blue Chip'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 Blue Chip.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Blue Chip on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Chip Growth or generate 0.0% return on investment in Blue Chip over 30 days. Blue Chip is related to or competes with Mid Cap, Valic Company, Mid Cap, Valic Company, Valic Company, Global Strategy, and Global Real. The fund will invest primarily in equity securities of issuers included in the Russell 1000 Growth Index at the time of ... More

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

Blue Chip Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Chip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Chip's standard deviation. In reality, there are many statistical measures that can use Blue Chip historical prices to predict the future Blue Chip's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blue Chip'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
14.5116.8019.09
Details
Intrinsic
Valuation
LowRealHigh
14.4116.7018.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blue Chip. Your research has to be compared to or analyzed against Blue Chip's peers to derive any actionable benefits. When done correctly, Blue Chip'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 Blue Chip Growth.

Blue Chip Growth Backtested Returns

Blue Chip appears to be not too volatile, given 3 months investment horizon. Blue Chip Growth secures Sharpe Ratio (or Efficiency) of 0.0981, which signifies that the fund had a 0.0981% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Blue Chip Growth, which you can use to evaluate the volatility of the entity. Please makes use of Blue Chip's Downside Deviation of 2.11, mean deviation of 0.9942, and Risk Adjusted Performance of 0.0606 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blue Chip's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blue Chip is expected to be smaller as well.

Auto-correlation

    
  0.39  

Below average predictability

Blue Chip Growth has below average predictability. Overlapping area represents the amount of predictability between Blue Chip 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 Blue Chip Growth price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Blue Chip price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.03

Blue Chip Growth lagged returns against current returns

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

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

Blue Chip Lagged Returns

When evaluating Blue Chip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Chip mutual fund have on its future price. Blue Chip 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, Blue Chip autocorrelation shows the relationship between Blue Chip mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blue Chip Growth.
   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.
Check out Blue Chip Correlation, Blue Chip Volatility and Blue Chip Alpha and Beta module to complement your research on Blue Chip.
Note that the Blue Chip Growth information on this page should be used as a complementary analysis to other Blue Chip's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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