The Growth Equity Fund Probability of Future Mutual Fund Price Finishing Over 39.42
| HCEGX Fund | USD 39.64 0.01 0.03% |
The |
The Growth Target Price Odds to finish over 39.42
The tendency of The 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 stay above $ 39.42 in 90 days |
| 39.64 | 90 days | 39.42 | about 33.81 |
Based on a normal probability distribution, the odds of The Growth to stay above $ 39.42 in 90 days from now is about 33.81 (This The Growth Equity probability density function shows the probability of The Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Growth Equity price to stay between $ 39.42 and its current price of $39.64 at the end of the 90-day period is about 8.33 .
Assuming the 90 days horizon The Growth has a beta of 0.72. This usually indicates as returns on the market go up, The Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Growth Equity will be expected to be much smaller as well. Additionally The Growth Equity has an alpha of 0.0609, implying that it can generate a 0.0609 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). The Growth Price Density |
| Price |
Predictive Modules for The Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Growth Equity. 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.The Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. The Growth is not an exception. The market had few large corrections towards the The Growth'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 The Growth Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of The Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | 0.07 |
The Growth Technical Analysis
The Growth's future price can be derived by breaking down and analyzing its technical indicators over time. The Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Growth Equity. In general, you should focus on analyzing The Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
The Growth Predictive Forecast Models
The Growth's time-series forecasting models is one of many The Growth'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 The Growth'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards The Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, The Growth's short interest history, or implied volatility extrapolated from The Growth options trading.
Other Information on Investing in The Mutual Fund
The Growth financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Growth security.
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