Ab Global Bond Fund Probability of Future Mutual Fund Price Finishing Under 6.95
| ANACX Fund | USD 6.94 0.03 0.43% |
ANACX |
Ab Global Target Price Odds to finish below 6.95
The tendency of ANACX 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 under $ 6.95 after 90 days |
| 6.94 | 90 days | 6.95 | about 34.45 |
Based on a normal probability distribution, the odds of Ab Global to stay under $ 6.95 after 90 days from now is about 34.45 (This Ab Global Bond probability density function shows the probability of ANACX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ab Global Bond price to stay between its current price of $ 6.94 and $ 6.95 at the end of the 90-day period is about 6.59 .
Assuming the 90 days horizon Ab Global Bond has a beta of -0.0042. This suggests as returns on the benchmark increase, returns on holding Ab Global are expected to decrease at a much lower rate. During a bear market, however, Ab Global Bond is likely to outperform the market. Additionally Ab Global Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ab Global Price Density |
| Price |
Predictive Modules for Ab Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ab Global Bond. 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 Ab Global'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.
Ab Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ab Global is not an exception. The market had few large corrections towards the Ab Global'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 Ab Global Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ab Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.0042 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.57 |
Ab Global 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 Ab Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ab Global Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ab Global Bond generated a negative expected return over the last 90 days | |
| Ab Global Bond generated five year return of -1.0% | |
| This fund holds about 48.26% of its assets under management (AUM) in fixed income securities |
Ab Global Technical Analysis
Ab Global's future price can be derived by breaking down and analyzing its technical indicators over time. ANACX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ab Global Bond. In general, you should focus on analyzing ANACX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ab Global Predictive Forecast Models
Ab Global's time-series forecasting models is one of many Ab Global'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 Ab Global'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 Ab Global Bond
Checking the ongoing alerts about Ab Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ab Global Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ab Global Bond generated a negative expected return over the last 90 days | |
| Ab Global Bond generated five year return of -1.0% | |
| This fund holds about 48.26% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in ANACX Mutual Fund
Ab Global financial ratios help investors to determine whether ANACX 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 ANACX with respect to the benefits of owning Ab Global security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |