Hodges Fund Retail Fund Probability of Future Mutual Fund Price Finishing Under 75.88
| HDPMX Fund | USD 78.80 0.86 1.08% |
Hodges |
Hodges Fund Target Price Odds to finish below 75.88
The tendency of Hodges 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 drop to $ 75.88 or more in 90 days |
| 78.80 | 90 days | 75.88 | about 80.1 |
Based on a normal probability distribution, the odds of Hodges Fund to drop to $ 75.88 or more in 90 days from now is about 80.1 (This Hodges Fund Retail probability density function shows the probability of Hodges Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Hodges Fund Retail price to stay between $ 75.88 and its current price of $78.8 at the end of the 90-day period is about 11.19 .
Assuming the 90 days horizon Hodges Fund has a beta of 0.28. This usually indicates as returns on the market go up, Hodges Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hodges Fund Retail will be expected to be much smaller as well. Additionally Hodges Fund Retail has an alpha of 0.3819, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hodges Fund Price Density |
| Price |
Predictive Modules for Hodges Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hodges Fund Retail. 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.Hodges Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hodges Fund is not an exception. The market had few large corrections towards the Hodges Fund'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 Hodges Fund Retail, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hodges Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 5.65 | |
Ir | Information ratio | 0.24 |
Hodges Fund 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 Hodges Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hodges Fund Retail 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 retains 99.75% of its assets under management (AUM) in equities |
Hodges Fund Technical Analysis
Hodges Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Hodges Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hodges Fund Retail. In general, you should focus on analyzing Hodges Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Hodges Fund Predictive Forecast Models
Hodges Fund's time-series forecasting models is one of many Hodges Fund'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 Hodges Fund'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 Hodges Fund Retail
Checking the ongoing alerts about Hodges Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hodges Fund Retail help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains 99.75% of its assets under management (AUM) in equities |
Other Information on Investing in Hodges Mutual Fund
Hodges Fund financial ratios help investors to determine whether Hodges 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 Hodges with respect to the benefits of owning Hodges Fund security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world |