Westwood Quality Value Fund Probability of Future Mutual Fund Price Finishing Over 14.55
| WWLCX Fund | USD 14.70 0.04 0.27% |
Westwood |
Westwood Quality Target Price Odds to finish over 14.55
The tendency of Westwood 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 above $ 14.55 in 90 days |
| 14.70 | 90 days | 14.55 | about 48.52 |
Based on a normal probability distribution, the odds of Westwood Quality to stay above $ 14.55 in 90 days from now is about 48.52 (This Westwood Quality Value probability density function shows the probability of Westwood Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Westwood Quality Value price to stay between $ 14.55 and its current price of $14.7 at the end of the 90-day period is about 20.85 .
Assuming the 90 days horizon Westwood Quality has a beta of 0.85. This entails Westwood Quality Value market returns are sensitive to returns on the market. As the market goes up or down, Westwood Quality is expected to follow. Additionally Westwood Quality Value 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. Westwood Quality Price Density |
| Price |
Predictive Modules for Westwood Quality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westwood Quality Value. 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 Westwood Quality'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.
Westwood Quality Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westwood Quality is not an exception. The market had few large corrections towards the Westwood Quality'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 Westwood Quality Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westwood Quality within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.1 |
Westwood Quality 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 Westwood Quality for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westwood Quality Value 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 97.42% of its net assets in stocks |
Westwood Quality Technical Analysis
Westwood Quality's future price can be derived by breaking down and analyzing its technical indicators over time. Westwood Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westwood Quality Value. In general, you should focus on analyzing Westwood Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Westwood Quality Predictive Forecast Models
Westwood Quality's time-series forecasting models is one of many Westwood Quality'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 Westwood Quality'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 Westwood Quality Value
Checking the ongoing alerts about Westwood Quality for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westwood Quality Value 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 97.42% of its net assets in stocks |
Other Information on Investing in Westwood Mutual Fund
Westwood Quality financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Quality security.
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