ASA METROPOLIS (Brazil) Probability of Future Fund Price Finishing Under 34.47
| ASMT11 Fund | 34.13 0.02 0.06% |
ASA |
ASA METROPOLIS Target Price Odds to finish below 34.47
The tendency of ASA 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 34.47 after 90 days |
| 34.13 | 90 days | 34.47 | nearly 4.6 |
Based on a normal probability distribution, the odds of ASA METROPOLIS to stay under 34.47 after 90 days from now is nearly 4.6 (This ASA METROPOLIS FUNDO probability density function shows the probability of ASA Fund to fall within a particular range of prices over 90 days) . Probability of ASA METROPOLIS FUNDO price to stay between its current price of 34.13 and 34.47 at the end of the 90-day period is about 1.52 .
Assuming the 90 days trading horizon ASA METROPOLIS has a beta of 0.28. This suggests as returns on the market go up, ASA METROPOLIS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASA METROPOLIS FUNDO will be expected to be much smaller as well. Additionally ASA METROPOLIS FUNDO 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. ASA METROPOLIS Price Density |
| Price |
Predictive Modules for ASA METROPOLIS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASA METROPOLIS FUNDO. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.ASA METROPOLIS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ASA METROPOLIS is not an exception. The market had few large corrections towards the ASA METROPOLIS'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 ASA METROPOLIS FUNDO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASA METROPOLIS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | -0.11 |
ASA METROPOLIS 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 ASA METROPOLIS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASA METROPOLIS FUNDO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ASA METROPOLIS FUNDO generated a negative expected return over the last 90 days |
ASA METROPOLIS Technical Analysis
ASA METROPOLIS's future price can be derived by breaking down and analyzing its technical indicators over time. ASA Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASA METROPOLIS FUNDO. In general, you should focus on analyzing ASA Fund price patterns and their correlations with different microeconomic environments and drivers.
ASA METROPOLIS Predictive Forecast Models
ASA METROPOLIS's time-series forecasting models is one of many ASA METROPOLIS's 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 ASA METROPOLIS'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 fund market movement and maximize returns from investment trading.
Things to note about ASA METROPOLIS FUNDO
Checking the ongoing alerts about ASA METROPOLIS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASA METROPOLIS FUNDO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ASA METROPOLIS FUNDO generated a negative expected return over the last 90 days |
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