Wasatch Small Cap Fund Probability of Future Mutual Fund Price Finishing Under 12.43
| WMCVX Fund | USD 10.59 1.82 14.67% |
Wasatch |
Wasatch Small Target Price Odds to finish below 12.43
The tendency of Wasatch 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 stay under $ 12.43 after 90 days |
| 10.59 | 90 days | 12.43 | about 86.87 |
Based on a normal probability distribution, the odds of Wasatch Small to stay under $ 12.43 after 90 days from now is about 86.87 (This Wasatch Small Cap probability density function shows the probability of Wasatch Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Wasatch Small Cap price to stay between its current price of $ 10.59 and $ 12.43 at the end of the 90-day period is about 86.75 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.75 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Wasatch Small will likely underperform. Additionally Wasatch Small Cap 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. Wasatch Small Price Density |
| Price |
Predictive Modules for Wasatch Small
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wasatch Small Cap. 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 Wasatch Small'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.
Wasatch Small Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wasatch Small is not an exception. The market had few large corrections towards the Wasatch Small'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 Wasatch Small Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wasatch Small within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 1.75 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | -0.06 |
Wasatch Small 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 Wasatch Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wasatch Small Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wasatch Small Cap generated a negative expected return over the last 90 days | |
| The fund keeps 99.17% of its net assets in stocks |
Wasatch Small Technical Analysis
Wasatch Small's future price can be derived by breaking down and analyzing its technical indicators over time. Wasatch Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wasatch Small Cap. In general, you should focus on analyzing Wasatch Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Wasatch Small Predictive Forecast Models
Wasatch Small's time-series forecasting models is one of many Wasatch Small'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 Wasatch Small'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 Wasatch Small Cap
Checking the ongoing alerts about Wasatch Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wasatch Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wasatch Small Cap generated a negative expected return over the last 90 days | |
| The fund keeps 99.17% of its net assets in stocks |
Other Information on Investing in Wasatch Mutual Fund
Wasatch Small financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Small security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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