Stet California Municipal Fund Probability of Future Mutual Fund Price Finishing Under 9.85
| SBDAX Fund | USD 10.21 0.03 0.29% |
Stet |
Stet California Target Price Odds to finish below 9.85
The tendency of Stet 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 $ 9.85 or more in 90 days |
| 10.21 | 90 days | 9.85 | near 1 |
Based on a normal probability distribution, the odds of Stet California to drop to $ 9.85 or more in 90 days from now is near 1 (This Stet California Municipal probability density function shows the probability of Stet Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Stet California Municipal price to stay between $ 9.85 and its current price of $10.21 at the end of the 90-day period is about 36.83 .
Assuming the 90 days horizon Stet California has a beta of 0.0643. This usually implies as returns on the market go up, Stet California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stet California Municipal will be expected to be much smaller as well. Additionally Stet California Municipal 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. Stet California Price Density |
| Price |
Predictive Modules for Stet California
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stet California Municipal. 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.Stet California Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stet California is not an exception. The market had few large corrections towards the Stet California'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 Stet California Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stet California within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.47 |
Stet California 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 Stet California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stet California Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stet California generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Stet California Municipal maintains about 99.34% of its assets in bonds |
Stet California Technical Analysis
Stet California's future price can be derived by breaking down and analyzing its technical indicators over time. Stet Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stet California Municipal. In general, you should focus on analyzing Stet Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Stet California Predictive Forecast Models
Stet California's time-series forecasting models is one of many Stet California'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 Stet California'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 Stet California Municipal
Checking the ongoing alerts about Stet California for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stet California Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stet California generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Stet California Municipal maintains about 99.34% of its assets in bonds |
Other Information on Investing in Stet Mutual Fund
Stet California financial ratios help investors to determine whether Stet 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 Stet with respect to the benefits of owning Stet California security.
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