Agf American Growth Fund Probability of Future Fund Price Finishing Over 66.82
| AGF5036 Fund | 66.82 1.03 1.57% |
AGF |
AGF American Target Price Odds to finish over 66.82
The tendency of AGF 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 |
| 66.82 | 90 days | 66.82 | close to 99 |
Based on a normal probability distribution, the odds of AGF American to move above the current price in 90 days from now is close to 99 (This AGF American Growth probability density function shows the probability of AGF Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon AGF American has a beta of 0.85. This suggests AGF American Growth market returns are sensitive to returns on the market. As the market goes up or down, AGF American is expected to follow. Additionally AGF American Growth 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. AGF American Price Density |
| Price |
Predictive Modules for AGF American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGF American Growth. 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.AGF American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AGF American is not an exception. The market had few large corrections towards the AGF American'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 AGF American Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AGF American within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 2.53 | |
Ir | Information ratio | -0.01 |
AGF American 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 AGF American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AGF American Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AGF American Growth generated a negative expected return over the last 90 days |
AGF American Technical Analysis
AGF American's future price can be derived by breaking down and analyzing its technical indicators over time. AGF Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AGF American Growth. In general, you should focus on analyzing AGF Fund price patterns and their correlations with different microeconomic environments and drivers.
AGF American Predictive Forecast Models
AGF American's time-series forecasting models is one of many AGF American'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 AGF American'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 AGF American Growth
Checking the ongoing alerts about AGF American for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AGF American Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AGF American Growth generated a negative expected return over the last 90 days |
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