Homestead Intermediate Bond Fund Probability of Future Mutual Fund Price Finishing Over 4.75
| HOIBX Fund | USD 4.56 0.02 0.44% |
Homestead |
Homestead Intermediate Target Price Odds to finish over 4.75
The tendency of Homestead 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 $ 4.75 or more in 90 days |
| 4.56 | 90 days | 4.75 | near 1 |
Based on a normal probability distribution, the odds of Homestead Intermediate to move over $ 4.75 or more in 90 days from now is near 1 (This Homestead Intermediate Bond probability density function shows the probability of Homestead Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Homestead Intermediate price to stay between its current price of $ 4.56 and $ 4.75 at the end of the 90-day period is about 84.46 .
Assuming the 90 days horizon Homestead Intermediate Bond has a beta of -0.0027. This usually indicates as returns on the benchmark increase, returns on holding Homestead Intermediate are expected to decrease at a much lower rate. During a bear market, however, Homestead Intermediate Bond is likely to outperform the market. Additionally Homestead Intermediate Bond 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. Homestead Intermediate Price Density |
| Price |
Predictive Modules for Homestead Intermediate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Homestead Intermediate. 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.Homestead Intermediate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Homestead Intermediate is not an exception. The market had few large corrections towards the Homestead Intermediate'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 Homestead Intermediate Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Homestead Intermediate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.0027 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.44 |
Homestead Intermediate 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 Homestead Intermediate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Homestead Intermediate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Homestead Intermediate generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Homestead Intermediate retains about 6.93% of its assets under management (AUM) in cash |
Homestead Intermediate Technical Analysis
Homestead Intermediate's future price can be derived by breaking down and analyzing its technical indicators over time. Homestead Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Homestead Intermediate Bond. In general, you should focus on analyzing Homestead Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Homestead Intermediate Predictive Forecast Models
Homestead Intermediate's time-series forecasting models is one of many Homestead Intermediate'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 Homestead Intermediate'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 Homestead Intermediate
Checking the ongoing alerts about Homestead Intermediate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Homestead Intermediate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Homestead Intermediate generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Homestead Intermediate retains about 6.93% of its assets under management (AUM) in cash |
Other Information on Investing in Homestead Mutual Fund
Homestead Intermediate financial ratios help investors to determine whether Homestead 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 Homestead with respect to the benefits of owning Homestead Intermediate security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |