Ancora Microcap Fund Probability of Future Mutual Fund Price Finishing Under 16.75
| ANCIX Fund | USD 17.71 0.03 0.17% |
Ancora |
Ancora Microcap Target Price Odds to finish below 16.75
The tendency of Ancora 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 drop to $ 16.75 or more in 90 days |
| 17.71 | 90 days | 16.75 | about 39.3 |
Based on a normal probability distribution, the odds of Ancora Microcap to drop to $ 16.75 or more in 90 days from now is about 39.3 (This Ancora Microcap Fund probability density function shows the probability of Ancora Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ancora Microcap price to stay between $ 16.75 and its current price of $17.71 at the end of the 90-day period is about 52.61 .
Assuming the 90 days horizon Ancora Microcap has a beta of 0.28. This suggests as returns on the market go up, Ancora Microcap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ancora Microcap Fund will be expected to be much smaller as well. Additionally Ancora Microcap Fund has an alpha of 0.1252, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ancora Microcap Price Density |
| Price |
Predictive Modules for Ancora Microcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ancora Microcap. 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.Ancora Microcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ancora Microcap is not an exception. The market had few large corrections towards the Ancora Microcap'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 Ancora Microcap Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ancora Microcap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | 0.05 |
Ancora Microcap 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 Ancora Microcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ancora Microcap 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 about 7.25% of its assets under management (AUM) in cash |
Ancora Microcap Technical Analysis
Ancora Microcap's future price can be derived by breaking down and analyzing its technical indicators over time. Ancora Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ancora Microcap Fund. In general, you should focus on analyzing Ancora Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ancora Microcap Predictive Forecast Models
Ancora Microcap's time-series forecasting models is one of many Ancora Microcap'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 Ancora Microcap'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 Ancora Microcap
Checking the ongoing alerts about Ancora Microcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ancora Microcap 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 about 7.25% of its assets under management (AUM) in cash |
Other Information on Investing in Ancora Mutual Fund
Ancora Microcap financial ratios help investors to determine whether Ancora 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 Ancora with respect to the benefits of owning Ancora Microcap security.
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