Global Iman Fund Probability of Future Fund Price Finishing Under 44.74
| 0P0000NA77 | CAD 45.20 0.24 0.53% |
Global |
Global Iman Target Price Odds to finish below 44.74
The tendency of Global 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 drop to C$ 44.74 or more in 90 days |
| 45.20 | 90 days | 44.74 | about 88.8 |
Based on a normal probability distribution, the odds of Global Iman to drop to C$ 44.74 or more in 90 days from now is about 88.8 (This Global Iman Fund probability density function shows the probability of Global Fund to fall within a particular range of prices over 90 days) . Probability of Global Iman Fund price to stay between C$ 44.74 and its current price of C$45.2 at the end of the 90-day period is about 6.36 .
Assuming the 90 days trading horizon Global Iman has a beta of 0.52. This suggests as returns on the market go up, Global Iman average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Iman Fund will be expected to be much smaller as well. Additionally Global Iman Fund has an alpha of 0.032, implying that it can generate a 0.032 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global Iman Price Density |
| Price |
Predictive Modules for Global Iman
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Iman Fund. 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.Global Iman Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Iman is not an exception. The market had few large corrections towards the Global Iman'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 Global Iman Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Iman within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.02 |
Global Iman 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 Global Iman for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Iman Fund 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 98.62% of its total net assets in equities |
Global Iman Technical Analysis
Global Iman's future price can be derived by breaking down and analyzing its technical indicators over time. Global Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Iman Fund. In general, you should focus on analyzing Global Fund price patterns and their correlations with different microeconomic environments and drivers.
Global Iman Predictive Forecast Models
Global Iman's time-series forecasting models is one of many Global Iman'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 Global Iman'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 Global Iman Fund
Checking the ongoing alerts about Global Iman for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Iman Fund 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 98.62% of its total net assets in equities |
Other Information on Investing in Global Fund
Global Iman financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Iman security.
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