Ab California Portfolio Fund Probability of Future Mutual Fund Price Finishing Under 10.57
| ALCAX Fund | USD 10.47 0.02 0.19% |
ALCAX |
Ab California Target Price Odds to finish below 10.57
The tendency of ALCAX 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 stay under $ 10.57 after 90 days |
| 10.47 | 90 days | 10.57 | about 31.77 |
Based on a normal probability distribution, the odds of Ab California to stay under $ 10.57 after 90 days from now is about 31.77 (This Ab California Portfolio probability density function shows the probability of ALCAX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ab California Portfolio price to stay between its current price of $ 10.47 and $ 10.57 at the end of the 90-day period is about 30.2 .
Assuming the 90 days horizon Ab California has a beta of 0.0512. This suggests as returns on the market go up, Ab California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ab California Portfolio will be expected to be much smaller as well. Additionally Ab California Portfolio 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. Ab California Price Density |
| Price |
Predictive Modules for Ab California
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ab California Portfolio. 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.Ab California Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ab California is not an exception. The market had few large corrections towards the Ab California'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 Ab California Portfolio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ab California within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.28 |
Ab California 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 Ab California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ab California Portfolio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ab California generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Ab California Portfolio holds most of the assets under management (AUM) in different types of exotic instruments. |
Ab California Technical Analysis
Ab California's future price can be derived by breaking down and analyzing its technical indicators over time. ALCAX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ab California Portfolio. In general, you should focus on analyzing ALCAX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ab California Predictive Forecast Models
Ab California's time-series forecasting models is one of many Ab California'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 Ab California'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 Ab California Portfolio
Checking the ongoing alerts about Ab California for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ab California Portfolio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ab California generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Ab California Portfolio holds most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in ALCAX Mutual Fund
Ab California financial ratios help investors to determine whether ALCAX 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 ALCAX with respect to the benefits of owning Ab California security.
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