Boyar Value Fund Probability of Future Mutual Fund Price Finishing Over 37.47
| BOYAX Fund | USD 31.33 0.14 0.44% |
Boyar |
Boyar Value Target Price Odds to finish over 37.47
The tendency of Boyar 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 move over $ 37.47 or more in 90 days |
| 31.33 | 90 days | 37.47 | near 1 |
Based on a normal probability distribution, the odds of Boyar Value to move over $ 37.47 or more in 90 days from now is near 1 (This Boyar Value Fund probability density function shows the probability of Boyar Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Boyar Value Fund price to stay between its current price of $ 31.33 and $ 37.47 at the end of the 90-day period is under 95 .
Assuming the 90 days horizon Boyar Value has a beta of 0.96 suggesting Boyar Value Fund market returns are sensitive to returns on the market. As the market goes up or down, Boyar Value is expected to follow. Additionally Boyar Value Fund 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. Boyar Value Price Density |
| Price |
Predictive Modules for Boyar Value
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boyar Value Fund. 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.Boyar Value Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boyar Value is not an exception. The market had few large corrections towards the Boyar Value'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 Boyar Value Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boyar Value within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.07 |
Boyar Value 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 Boyar Value for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boyar Value Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boyar Value Fund generated a negative expected return over the last 90 days | |
| The fund holds about 8.34% of its assets under management (AUM) in cash |
Boyar Value Technical Analysis
Boyar Value's future price can be derived by breaking down and analyzing its technical indicators over time. Boyar Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boyar Value Fund. In general, you should focus on analyzing Boyar Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Boyar Value Predictive Forecast Models
Boyar Value's time-series forecasting models is one of many Boyar Value'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 Boyar Value'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 Boyar Value Fund
Checking the ongoing alerts about Boyar Value for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boyar Value Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boyar Value Fund generated a negative expected return over the last 90 days | |
| The fund holds about 8.34% of its assets under management (AUM) in cash |
Other Information on Investing in Boyar Mutual Fund
Boyar Value financial ratios help investors to determine whether Boyar 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 Boyar with respect to the benefits of owning Boyar Value security.
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