Pedra Dourada (Brazil) Probability of Future Fund Price Finishing Under 31.19
| OULG11 Fund | BRL 31.10 0.07 0.23% |
Pedra |
Pedra Dourada Target Price Odds to finish below 31.19
The tendency of Pedra 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 under R$ 31.19 after 90 days |
| 31.10 | 90 days | 31.19 | about 55.97 |
Based on a normal probability distribution, the odds of Pedra Dourada to stay under R$ 31.19 after 90 days from now is about 55.97 (This Pedra Dourada Fundo probability density function shows the probability of Pedra Fund to fall within a particular range of prices over 90 days) . Probability of Pedra Dourada Fundo price to stay between its current price of R$ 31.10 and R$ 31.19 at the end of the 90-day period is about 5.86 .
Assuming the 90 days trading horizon Pedra Dourada has a beta of 0.15. This indicates as returns on the market go up, Pedra Dourada average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pedra Dourada Fundo will be expected to be much smaller as well. Additionally Pedra Dourada Fundo has an alpha of 0.0604, implying that it can generate a 0.0604 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pedra Dourada Price Density |
| Price |
Predictive Modules for Pedra Dourada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pedra Dourada Fundo. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Pedra Dourada Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pedra Dourada is not an exception. The market had few large corrections towards the Pedra Dourada'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 Pedra Dourada Fundo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pedra Dourada within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | 0.04 |
Pedra Dourada Technical Analysis
Pedra Dourada's future price can be derived by breaking down and analyzing its technical indicators over time. Pedra Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pedra Dourada Fundo. In general, you should focus on analyzing Pedra Fund price patterns and their correlations with different microeconomic environments and drivers.
Pedra Dourada Predictive Forecast Models
Pedra Dourada's time-series forecasting models is one of many Pedra Dourada's 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 Pedra Dourada'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 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 Pedra Dourada 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, Pedra Dourada's short interest history, or implied volatility extrapolated from Pedra Dourada options trading.
Other Information on Investing in Pedra Fund
Pedra Dourada financial ratios help investors to determine whether Pedra 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 Pedra with respect to the benefits of owning Pedra Dourada security.
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