Cm Modity Index Fund Probability of Future Mutual Fund Price Finishing Over 72.04
| CMCYX Fund | USD 70.40 0.11 0.16% |
CMCYX |
Cm Modity Target Price Odds to finish over 72.04
The tendency of CMCYX 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 $ 72.04 or more in 90 days |
| 70.40 | 90 days | 72.04 | about 5.65 |
Based on a normal probability distribution, the odds of Cm Modity to move over $ 72.04 or more in 90 days from now is about 5.65 (This Cm Modity Index probability density function shows the probability of CMCYX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Cm Modity Index price to stay between its current price of $ 70.40 and $ 72.04 at the end of the 90-day period is about 31.68 .
Assuming the 90 days horizon Cm Modity Index has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Cm Modity are expected to decrease at a much lower rate. During a bear market, however, Cm Modity Index is likely to outperform the market. Additionally Cm Modity Index has an alpha of 0.0958, implying that it can generate a 0.0958 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cm Modity Price Density |
| Price |
Predictive Modules for Cm Modity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cm Modity Index. 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 Cm Modity'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.
Cm Modity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cm Modity is not an exception. The market had few large corrections towards the Cm Modity'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 Cm Modity Index, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cm Modity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.05 |
Cm Modity 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 Cm Modity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cm Modity Index 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 69.02% of its assets under management (AUM) in cash |
Cm Modity Technical Analysis
Cm Modity's future price can be derived by breaking down and analyzing its technical indicators over time. CMCYX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cm Modity Index. In general, you should focus on analyzing CMCYX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Cm Modity Predictive Forecast Models
Cm Modity's time-series forecasting models is one of many Cm Modity'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 Cm Modity'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 Cm Modity Index
Checking the ongoing alerts about Cm Modity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cm Modity Index 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 69.02% of its assets under management (AUM) in cash |
Other Information on Investing in CMCYX Mutual Fund
Cm Modity financial ratios help investors to determine whether CMCYX 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 CMCYX with respect to the benefits of owning Cm Modity security.
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