Utilities Fund Class Fund Probability of Future Mutual Fund Price Finishing Over 52.32
| RYUTX Fund | USD 51.47 0.05 0.1% |
Utilities |
Utilities Fund Target Price Odds to finish over 52.32
The tendency of Utilities 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 $ 52.32 or more in 90 days |
| 51.47 | 90 days | 52.32 | about 76.96 |
Based on a normal probability distribution, the odds of Utilities Fund to move over $ 52.32 or more in 90 days from now is about 76.96 (This Utilities Fund Class probability density function shows the probability of Utilities Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Utilities Fund Class price to stay between its current price of $ 51.47 and $ 52.32 at the end of the 90-day period is about 17.52 .
Assuming the 90 days horizon Utilities Fund has a beta of 0.29 indicating as returns on the market go up, Utilities Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Utilities Fund Class will be expected to be much smaller as well. Additionally Utilities Fund Class 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. Utilities Fund Price Density |
| Price |
Predictive Modules for Utilities 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 Utilities Fund Class. 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 Utilities Fund'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.
Utilities Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Utilities Fund is not an exception. The market had few large corrections towards the Utilities 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 Utilities Fund Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Utilities Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.09 |
Utilities 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 Utilities Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Utilities Fund Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Utilities Fund Class generated a negative expected return over the last 90 days | |
| Latest headline from investing.com: NiSources SWOT analysis utility stock poised for growth amid data center boom | |
| The fund maintains 99.51% of its assets in stocks |
Utilities Fund Technical Analysis
Utilities Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Utilities Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Utilities Fund Class. In general, you should focus on analyzing Utilities Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Utilities Fund Predictive Forecast Models
Utilities Fund's time-series forecasting models is one of many Utilities 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 Utilities 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 Utilities Fund Class
Checking the ongoing alerts about Utilities Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Utilities Fund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Utilities Fund Class generated a negative expected return over the last 90 days | |
| Latest headline from investing.com: NiSources SWOT analysis utility stock poised for growth amid data center boom | |
| The fund maintains 99.51% of its assets in stocks |
Other Information on Investing in Utilities Mutual Fund
Utilities Fund financial ratios help investors to determine whether Utilities 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 Utilities with respect to the benefits of owning Utilities Fund security.
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