Westcore Municipal Opportunities Fund Probability of Future Mutual Fund Price Finishing Over 9.74

WTTAX Fund  USD 9.70  0.02  0.21%   
Westcore Municipal's future price is the expected price of Westcore Municipal instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Westcore Municipal Opportunities performance during a given time horizon utilizing its historical volatility. Check out Westcore Municipal Backtesting, Portfolio Optimization, Westcore Municipal Correlation, Westcore Municipal Hype Analysis, Westcore Municipal Volatility, Westcore Municipal History as well as Westcore Municipal Performance.
  
Please specify Westcore Municipal's target price for which you would like Westcore Municipal odds to be computed.

Westcore Municipal Target Price Odds to finish over 9.74

The tendency of Westcore 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 PriceHorizonTarget PriceOdds to move over $ 9.74  or more in 90 days
 9.70 90 days 9.74 
about 13.33
Based on a normal probability distribution, the odds of Westcore Municipal to move over $ 9.74  or more in 90 days from now is about 13.33 (This Westcore Municipal Opportunities probability density function shows the probability of Westcore Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Westcore Municipal price to stay between its current price of $ 9.70  and $ 9.74  at the end of the 90-day period is about 27.88 .
Assuming the 90 days horizon Westcore Municipal has a beta of 0.0519. This entails as returns on the market go up, Westcore Municipal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westcore Municipal Opportunities will be expected to be much smaller as well. Additionally Westcore Municipal Opportunities 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.
   Westcore Municipal Price Density   
       Price  

Predictive Modules for Westcore Municipal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westcore 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.
Hype
Prediction
LowEstimatedHigh
9.529.709.88
Details
Intrinsic
Valuation
LowRealHigh
9.529.709.88
Details
Naive
Forecast
LowNextHigh
9.529.709.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.689.729.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Westcore Municipal. Your research has to be compared to or analyzed against Westcore Municipal's peers to derive any actionable benefits. When done correctly, Westcore Municipal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Westcore Municipal.

Westcore Municipal Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Westcore Municipal is not an exception. The market had few large corrections towards the Westcore Municipal'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 Westcore Municipal Opportunities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westcore Municipal within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.02
β
Beta against Dow Jones0.05
σ
Overall volatility
0.05
Ir
Information ratio -0.58

Westcore Municipal 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 Westcore Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westcore 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.
Westcore Municipal generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Westcore Municipal keeps about 18.83% of its net assets in cash

Westcore Municipal Technical Analysis

Westcore Municipal's future price can be derived by breaking down and analyzing its technical indicators over time. Westcore Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westcore Municipal Opportunities. In general, you should focus on analyzing Westcore Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Westcore Municipal Predictive Forecast Models

Westcore Municipal's time-series forecasting models is one of many Westcore Municipal'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 Westcore Municipal'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 Westcore Municipal

Checking the ongoing alerts about Westcore Municipal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westcore Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Westcore Municipal generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Westcore Municipal keeps about 18.83% of its net assets in cash

Other Information on Investing in Westcore Mutual Fund

Westcore Municipal financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Municipal security.
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