Absolute Capital Defender Fund Probability of Future Mutual Fund Price Finishing Over 12.25
| ACMDX Fund | USD 10.80 0.06 0.56% |
Absolute |
Absolute Capital Target Price Odds to finish over 12.25
The tendency of Absolute 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 move over $ 12.25 or more in 90 days |
| 10.80 | 90 days | 12.25 | near 1 |
Based on a normal probability distribution, the odds of Absolute Capital to move over $ 12.25 or more in 90 days from now is near 1 (This Absolute Capital Defender probability density function shows the probability of Absolute Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Absolute Capital Defender price to stay between its current price of $ 10.80 and $ 12.25 at the end of the 90-day period is about 67.16 .
Assuming the 90 days horizon Absolute Capital has a beta of 0.62. This suggests as returns on the market go up, Absolute Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Absolute Capital Defender will be expected to be much smaller as well. Additionally Absolute Capital Defender 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. Absolute Capital Price Density |
| Price |
Predictive Modules for Absolute Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Absolute Capital Defender. 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 Absolute Capital'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.
Absolute Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Absolute Capital is not an exception. The market had few large corrections towards the Absolute Capital'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 Absolute Capital Defender, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Absolute Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0033 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.02 |
Absolute Capital 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 Absolute Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Absolute Capital Defender 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 48.27% of its assets under management (AUM) in cash |
Absolute Capital Technical Analysis
Absolute Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Absolute Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Absolute Capital Defender. In general, you should focus on analyzing Absolute Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Absolute Capital Predictive Forecast Models
Absolute Capital's time-series forecasting models is one of many Absolute Capital'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 Absolute Capital'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 Absolute Capital Defender
Checking the ongoing alerts about Absolute Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Absolute Capital Defender 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 48.27% of its assets under management (AUM) in cash |
Other Information on Investing in Absolute Mutual Fund
Absolute Capital financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Capital security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |