Growth Fund Risk Analysis And Volatility

CGFEX -- USA Fund  

USD 52.08  0.31  0.60%

We consider Growth Fund very steady. Growth Fund holds Efficiency (Sharpe) Ratio of 0.0952 which attests that the entity had 0.0952% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Growth Fund which you can use to evaluate future volatility of the entity. Please check out Growth Fund Risk Adjusted Performance of 0.0643, Downside Deviation of 1.01 and Market Risk Adjusted Performance of 0.0923 to validate if risk estimate we provide are consistent with the epected return of 0.0888%.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

Growth Fund Market Sensitivity

Growth Fund returns are very sensitive to returns on the market. As market goes up or down, Growth Fund is expected to follow.
3 Months Beta |Analyze Growth Fund Demand Trend
Check current 30 days Growth Fund correlation with market (DOW)
β = 1.0028

Growth Fund Central Daily Price Deviation

Growth Fund Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Growth Fund Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Growth Fund moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Growth Fund Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.0028 . This suggests The Growth Fund Of America Clas market returns are sensitive to returns on the market. As the market goes up or down, Growth Fund is expected to follow. Moreover, The company has an alpha of 0.0384 implying that it can potentially generate 0.0384% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Growth Fund is 1050.39. The daily returns are destributed with a variance of 0.87 and standard deviation of 0.93. The mean deviation of The Growth Fund Of America Clas is currently at 0.69. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.0384
β
Beta against DOW=1.00
σ
Overall volatility
=0.93
Ir
Information ratio =0.042

Growth Fund Return Volatility

the fund shows 0.9325% volatility of returns over 30 trading days. the entity inherits 0.6095% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Growth Fund Investment Opportunity

The Growth Fund Of America Clas has a volatility of 0.93 and is 1.52 times more volatile than DOW. of all equities and portfolios are less risky than Growth Fund. Compared to the overall equity markets, volatility of historical daily returns of The Growth Fund Of America Clas is lower than 8 () of all global equities and portfolios over the last 30 days. Use The Growth Fund Of America Clas to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Growth Fund to be traded at $57.29 in 30 days. . Growth Fund returns are very sensitive to returns on the market. As market goes up or down, Growth Fund is expected to follow.

Growth Fund correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding The Growth Fund Of America Cla and equity matching DJI index in the same portfolio.

Growth Fund Current Risk Indicators

Growth Fund Suggested Diversification Pairs

Check also Trending Equities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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