Amundi Convictions (Germany) Probability of Future Fund Price Finishing Over 195.02
| 0P00018AOF | 195.02 0.00 0.00% |
Amundi |
Amundi Convictions Target Price Odds to finish over 195.02
The tendency of Amundi 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 move above the current price in 90 days |
| 195.02 | 90 days | 195.02 | about 24.62 |
Based on a normal probability distribution, the odds of Amundi Convictions to move above the current price in 90 days from now is about 24.62 (This Amundi Convictions ESR probability density function shows the probability of Amundi Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Amundi Convictions ESR has a beta of -0.0605. This suggests as returns on the benchmark increase, returns on holding Amundi Convictions are expected to decrease at a much lower rate. During a bear market, however, Amundi Convictions ESR is likely to outperform the market. Additionally Amundi Convictions ESR has an alpha of 0.0234, implying that it can generate a 0.0234 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Amundi Convictions Price Density |
| Price |
Predictive Modules for Amundi Convictions
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amundi Convictions ESR. 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.Amundi Convictions Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amundi Convictions is not an exception. The market had few large corrections towards the Amundi Convictions' 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 Amundi Convictions ESR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amundi Convictions within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | 0.02 |
Amundi Convictions 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 Amundi Convictions for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amundi Convictions ESR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amundi Convictions is not yet fully synchronised with the market data |
Amundi Convictions Technical Analysis
Amundi Convictions' future price can be derived by breaking down and analyzing its technical indicators over time. Amundi Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amundi Convictions ESR. In general, you should focus on analyzing Amundi Fund price patterns and their correlations with different microeconomic environments and drivers.
Amundi Convictions Predictive Forecast Models
Amundi Convictions' time-series forecasting models is one of many Amundi Convictions' 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 Amundi Convictions' 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 Amundi Convictions ESR
Checking the ongoing alerts about Amundi Convictions for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amundi Convictions ESR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amundi Convictions is not yet fully synchronised with the market data |
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