Smallcap World Fund Probability of Future Mutual Fund Price Finishing Under 63.40

CSPAX Fund  USD 70.14  0.61  0.86%   
Smallcap World's future price is the expected price of Smallcap World instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Smallcap World Fund performance during a given time horizon utilizing its historical volatility. Check out Smallcap World Backtesting, Portfolio Optimization, Smallcap World Correlation, Smallcap World Hype Analysis, Smallcap World Volatility, Smallcap World History as well as Smallcap World Performance.
  
Please specify Smallcap World's target price for which you would like Smallcap World odds to be computed.

Smallcap World Target Price Odds to finish below 63.40

The tendency of Smallcap 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 PriceHorizonTarget PriceOdds to drop to $ 63.40  or more in 90 days
 70.14 90 days 63.40 
near 1
Based on a normal probability distribution, the odds of Smallcap World to drop to $ 63.40  or more in 90 days from now is near 1 (This Smallcap World Fund probability density function shows the probability of Smallcap Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Smallcap World price to stay between $ 63.40  and its current price of $70.14 at the end of the 90-day period is about 83.29 .
Assuming the 90 days horizon Smallcap World has a beta of 0.79 suggesting as returns on the market go up, Smallcap World average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smallcap World Fund will be expected to be much smaller as well. Additionally Smallcap World Fund has an alpha of 0.0159, implying that it can generate a 0.0159 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Smallcap World Price Density   
       Price  

Predictive Modules for Smallcap World

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smallcap World. 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.
Hype
Prediction
LowEstimatedHigh
70.0170.7571.49
Details
Intrinsic
Valuation
LowRealHigh
69.6670.4071.14
Details
Naive
Forecast
LowNextHigh
70.1070.8471.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
66.9069.2671.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Smallcap World. Your research has to be compared to or analyzed against Smallcap World's peers to derive any actionable benefits. When done correctly, Smallcap World's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Smallcap World.

Smallcap World Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Smallcap World is not an exception. The market had few large corrections towards the Smallcap World'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 Smallcap World Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Smallcap World within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.79
σ
Overall volatility
1.19
Ir
Information ratio -0.01

Smallcap World 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 Smallcap World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Smallcap World 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 generated three year return of -2.0%
Smallcap World holds about 12.55% of its assets under management (AUM) in cash

Smallcap World Technical Analysis

Smallcap World's future price can be derived by breaking down and analyzing its technical indicators over time. Smallcap Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smallcap World Fund. In general, you should focus on analyzing Smallcap Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Smallcap World Predictive Forecast Models

Smallcap World's time-series forecasting models is one of many Smallcap World'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 Smallcap World'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 Smallcap World

Checking the ongoing alerts about Smallcap World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Smallcap World help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -2.0%
Smallcap World holds about 12.55% of its assets under management (AUM) in cash

Other Information on Investing in Smallcap Mutual Fund

Smallcap World financial ratios help investors to determine whether Smallcap 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 Smallcap with respect to the benefits of owning Smallcap World security.
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