New York Municipal Fund Odds of Future Mutual Fund Price Finishing Over 12.93

ANIAX Fund  USD 13.50  0.03  0.22%   
New York's future price is the expected price of New York instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of New York Municipal performance during a given time horizon utilizing its historical volatility. Check out New York Backtesting, Portfolio Optimization, New York Correlation, New York Hype Analysis, New York Volatility, New York History as well as New York Performance.
  
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New York Target Price Odds to finish over 12.93

The tendency of New 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 PriceHorizonTarget PriceOdds to stay above $ 12.93  in 90 days
 13.50 90 days 12.93 
close to 99
Based on a normal probability distribution, the odds of New York to stay above $ 12.93  in 90 days from now is close to 99 (This New York Municipal probability density function shows the probability of New Mutual Fund to fall within a particular range of prices over 90 days) . Probability of New York Municipal price to stay between $ 12.93  and its current price of $13.5 at the end of the 90-day period is about 42.28 .
Assuming the 90 days horizon New York Municipal has a beta of -0.0423. This suggests as returns on the benchmark increase, returns on holding New York are expected to decrease at a much lower rate. During a bear market, however, New York Municipal is likely to outperform the market. Additionally New York Municipal 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.
   New York Price Density   
       Price  

Predictive Modules for New York

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New York Municipal. 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.
Hype
Prediction
LowEstimatedHigh
13.3413.5013.66
Details
Intrinsic
Valuation
LowRealHigh
13.2713.4313.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New York. Your research has to be compared to or analyzed against New York's peers to derive any actionable benefits. When done correctly, New York's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New York Municipal.

New York Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. New York is not an exception. The market had few large corrections towards the New York'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 New York Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New York within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0083
β
Beta against Dow Jones-0.04
σ
Overall volatility
0.05
Ir
Information ratio -0.65

New York 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 New York for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New York Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
New York Municipal generated a negative expected return over the last 90 days
The fund holds most of the assets under management (AUM) in different types of exotic instruments.

New York Technical Analysis

New York's future price can be derived by breaking down and analyzing its technical indicators over time. New Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New York Municipal. In general, you should focus on analyzing New Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

New York Predictive Forecast Models

New York's time-series forecasting models is one of many New York'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 New York'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 New York Municipal

Checking the ongoing alerts about New York for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New York Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
New York Municipal generated a negative expected return over the last 90 days
The fund holds most of the assets under management (AUM) in different types of exotic instruments.

Other Information on Investing in New Mutual Fund

New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.
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