Wcm China Quality Fund Probability of Future Mutual Fund Price Finishing Over 15.17
| WCMCX Fund | USD 8.89 0.23 2.52% |
Wcm |
Wcm China Target Price Odds to finish over 15.17
The tendency of Wcm 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 $ 15.17 or more in 90 days |
| 8.89 | 90 days | 15.17 | close to zero percent |
Based on a normal probability distribution, the odds of Wcm China to move over $ 15.17 or more in 90 days from now is close to zero percent (This Wcm China Quality probability density function shows the probability of Wcm Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Wcm China Quality price to stay between its current price of $ 8.89 and $ 15.17 at the end of the 90-day period is about 48.73 .
Assuming the 90 days horizon Wcm China Quality has a beta of -0.11. This entails as returns on the benchmark increase, returns on holding Wcm China are expected to decrease at a much lower rate. During a bear market, however, Wcm China Quality is likely to outperform the market. Additionally Wcm China Quality has an alpha of 0.2429, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wcm China Price Density |
| Price |
Predictive Modules for Wcm China
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wcm China Quality. 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 Wcm China'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.
Wcm China Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wcm China is not an exception. The market had few large corrections towards the Wcm China'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 Wcm China Quality, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wcm China within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | 0.05 |
Wcm China 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 Wcm China for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wcm China Quality 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 keeps about 8.27% of its net assets in cash |
Wcm China Technical Analysis
Wcm China's future price can be derived by breaking down and analyzing its technical indicators over time. Wcm Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wcm China Quality. In general, you should focus on analyzing Wcm Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Wcm China Predictive Forecast Models
Wcm China's time-series forecasting models is one of many Wcm China'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 Wcm China'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 Wcm China Quality
Checking the ongoing alerts about Wcm China for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wcm China Quality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund keeps about 8.27% of its net assets in cash |
Other Information on Investing in Wcm Mutual Fund
Wcm China financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm China security.
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