Free Market International Fund Probability of Future Mutual Fund Price Finishing Under 11.94
| FMNEX Fund | USD 11.94 0.04 0.34% |
Free |
Free Market Target Price Odds to finish below 11.94
The tendency of Free 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 below current price in 90 days |
| 11.94 | 90 days | 11.94 | about 8.9 |
Based on a normal probability distribution, the odds of Free Market to move below current price in 90 days from now is about 8.9 (This Free Market International probability density function shows the probability of Free Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Free Market has a beta of 0.4. This usually indicates as returns on the market go up, Free Market average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Free Market International will be expected to be much smaller as well. Additionally Free Market International 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. Free Market Price Density |
| Price |
Predictive Modules for Free Market
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Free Market International. 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 Free Market'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.
Free Market Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Free Market is not an exception. The market had few large corrections towards the Free Market'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 Free Market International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Free Market within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.23 |
Free Market 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 Free Market for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Free Market International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Free Market generated a negative expected return over the last 90 days | |
| The fund retains 98.25% of its assets under management (AUM) in equities |
Free Market Technical Analysis
Free Market's future price can be derived by breaking down and analyzing its technical indicators over time. Free Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Free Market International. In general, you should focus on analyzing Free Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Free Market Predictive Forecast Models
Free Market's time-series forecasting models is one of many Free Market'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 Free Market'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 Free Market International
Checking the ongoing alerts about Free Market for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Free Market International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Free Market generated a negative expected return over the last 90 days | |
| The fund retains 98.25% of its assets under management (AUM) in equities |
Other Information on Investing in Free Mutual Fund
Free Market financial ratios help investors to determine whether Free 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 Free with respect to the benefits of owning Free Market security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |