ALM Classic (Germany) Probability of Future Fund Price Finishing Over 379.19
| 0P00000PWH | EUR 380.39 0.69 0.18% |
ALM |
ALM Classic Target Price Odds to finish over 379.19
The tendency of ALM 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 € 379.19 in 90 days |
| 380.39 | 90 days | 379.19 | about 34.08 |
Based on a normal probability distribution, the odds of ALM Classic to stay above € 379.19 in 90 days from now is about 34.08 (This ALM Classic RA probability density function shows the probability of ALM Fund to fall within a particular range of prices over 90 days) . Probability of ALM Classic RA price to stay between € 379.19 and its current price of €380.39 at the end of the 90-day period is about 12.75 .
Assuming the 90 days trading horizon ALM Classic RA has a beta of -0.0707. This suggests as returns on the benchmark increase, returns on holding ALM Classic are expected to decrease at a much lower rate. During a bear market, however, ALM Classic RA is likely to outperform the market. Additionally ALM Classic RA has an alpha of 0.0146, implying that it can generate a 0.0146 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ALM Classic Price Density |
| Price |
Predictive Modules for ALM Classic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALM Classic RA. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.ALM Classic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALM Classic is not an exception. The market had few large corrections towards the ALM Classic'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 ALM Classic RA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALM Classic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | -0.02 |
ALM Classic 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 ALM Classic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALM Classic RA 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 holds about 26.41% of its total net assets in cash |
ALM Classic Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ALM Fund often depends not only on the future outlook of the current and potential ALM Classic's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ALM Classic's indicators that are reflective of the short sentiment are summarized in the table below.
ALM Classic Technical Analysis
ALM Classic's future price can be derived by breaking down and analyzing its technical indicators over time. ALM Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALM Classic RA. In general, you should focus on analyzing ALM Fund price patterns and their correlations with different microeconomic environments and drivers.
ALM Classic Predictive Forecast Models
ALM Classic's time-series forecasting models is one of many ALM Classic's 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 ALM Classic'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 fund market movement and maximize returns from investment trading.
Things to note about ALM Classic RA
Checking the ongoing alerts about ALM Classic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALM Classic RA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds about 26.41% of its total net assets in cash |
Other Information on Investing in ALM Fund
ALM Classic financial ratios help investors to determine whether ALM 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 ALM with respect to the benefits of owning ALM Classic security.
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