Growth Fund R6 Fund Probability of Future Mutual Fund Price Finishing Over 58.8
| AGRDX Fund | USD 61.30 0.50 0.82% |
Growth |
Growth Fund Target Price Odds to finish over 58.8
The tendency of Growth Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 58.80 in 90 days |
| 61.30 | 90 days | 58.80 | roughly 96.0 |
Based on a normal probability distribution, the odds of Growth Fund to stay above $ 58.80 in 90 days from now is roughly 96.0 (This Growth Fund R6 probability density function shows the probability of Growth Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Growth Fund R6 price to stay between $ 58.80 and its current price of $61.3 at the end of the 90-day period is about 29.4 .
Assuming the 90 days horizon Growth Fund R6 has a beta of -0.0216. This suggests as returns on the benchmark increase, returns on holding Growth Fund are expected to decrease at a much lower rate. During a bear market, however, Growth Fund R6 is likely to outperform the market. Additionally Growth Fund R6 has an alpha of 0.0349, implying that it can generate a 0.0349 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Growth Fund Price Density |
| Price |
Predictive Modules for Growth Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Growth Fund R6. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Growth Fund'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.
Growth Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Growth Fund is not an exception. The market had few large corrections towards the Growth Fund's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Growth Fund R6, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Growth Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | 0.01 |
Growth Fund Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Growth Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Growth Fund R6 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds 99.15% of its assets under management (AUM) in equities |
Growth Fund Technical Analysis
Growth Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Growth Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Growth Fund R6. In general, you should focus on analyzing Growth Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Growth Fund Predictive Forecast Models
Growth Fund's time-series forecasting models is one of many Growth Fund's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Growth Fund's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Growth Fund R6
Checking the ongoing alerts about Growth Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Growth Fund R6 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds 99.15% of its assets under management (AUM) in equities |
Other Information on Investing in Growth Mutual Fund
Growth Fund financial ratios help investors to determine whether Growth 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 Growth with respect to the benefits of owning Growth Fund security.
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