Aggressive Growth Portfolio Fund Market Value
| PAGRX Fund | USD 84.28 0.55 0.65% |
| Symbol | Aggressive |
Aggressive 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 Aggressive 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 Aggressive Growth.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Aggressive Growth on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aggressive Growth Portfolio or generate 0.0% return on investment in Aggressive Growth over 30 days. Aggressive Growth is related to or competes with Morningstar Unconstrained, and SPACE. The fund invests in stocks and stock warrants of U.S More
Aggressive 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 Aggressive 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 Aggressive Growth Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.069 | |||
| Maximum Drawdown | 5.45 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.93 |
Aggressive Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aggressive Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aggressive Growth's standard deviation. In reality, there are many statistical measures that can use Aggressive Growth historical prices to predict the future Aggressive Growth's volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 0.0436 | |||
| Total Risk Alpha | 0.0052 | |||
| Sortino Ratio | 0.0715 | |||
| Treynor Ratio | 0.1155 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aggressive 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.
Aggressive Growth Backtested Returns
We consider Aggressive Growth very steady. Aggressive Growth secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aggressive Growth Portfolio, which you can use to evaluate the volatility of the entity. Please confirm Aggressive Growth's mean deviation of 0.9328, and Risk Adjusted Performance of 0.098 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 1.45, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aggressive Growth will likely underperform.
Auto-correlation | 0.24 |
Weak predictability
Aggressive Growth Portfolio has weak predictability. Overlapping area represents the amount of predictability between Aggressive Growth time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Aggressive Growth price movement. The serial correlation of 0.24 indicates that over 24.0% of current Aggressive Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 3.01 |
Aggressive Growth lagged returns against current returns
Autocorrelation, which is Aggressive 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 Aggressive Growth's mutual fund expected returns. We can calculate the autocorrelation of Aggressive Growth returns to help us make a trade decision. For example, suppose you find that Aggressive 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 |
Aggressive 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 Aggressive Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aggressive 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 Aggressive Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aggressive Growth Lagged Returns
When evaluating Aggressive Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aggressive Growth mutual fund have on its future price. Aggressive 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, Aggressive Growth autocorrelation shows the relationship between Aggressive Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aggressive Growth Portfolio.
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 Aggressive Growth 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
Check out Aggressive Growth Correlation, Aggressive Growth Volatility and Aggressive Growth Alpha and Beta module to complement your research on Aggressive Growth. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Aggressive 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.