Amana Income Fund Probability of Future Mutual Fund Price Finishing Over 70.57
| AMANX Fund | USD 69.30 0.03 0.04% |
Amana |
Amana Income Target Price Odds to finish over 70.57
The tendency of Amana 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 $ 70.57 or more in 90 days |
| 69.30 | 90 days | 70.57 | about 13.47 |
Based on a normal probability distribution, the odds of Amana Income to move over $ 70.57 or more in 90 days from now is about 13.47 (This Amana Income Fund probability density function shows the probability of Amana Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Amana Income price to stay between its current price of $ 69.30 and $ 70.57 at the end of the 90-day period is about 51.04 .
Assuming the 90 days horizon Amana Income has a beta of 0.16. This suggests as returns on the market go up, Amana Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amana Income Fund will be expected to be much smaller as well. Additionally Amana Income Fund 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. Amana Income Price Density |
| Price |
Predictive Modules for Amana Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amana Income. 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.Amana Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amana Income is not an exception. The market had few large corrections towards the Amana Income'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 Amana Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amana Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0014 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.14 |
Amana Income 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 Amana Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amana Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amana Income generated a negative expected return over the last 90 days | |
| The fund holds about 10.14% of its assets under management (AUM) in cash |
Amana Income Technical Analysis
Amana Income's future price can be derived by breaking down and analyzing its technical indicators over time. Amana Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amana Income Fund. In general, you should focus on analyzing Amana Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Amana Income Predictive Forecast Models
Amana Income's time-series forecasting models is one of many Amana Income'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 Amana Income'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 Amana Income
Checking the ongoing alerts about Amana Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amana Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amana Income generated a negative expected return over the last 90 days | |
| The fund holds about 10.14% of its assets under management (AUM) in cash |
Other Information on Investing in Amana Mutual Fund
Amana Income financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Income security.
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