Cajxx Fund Chance of Future Money Market Fund Price Finishing Under 1.0
| CAJXX Fund | 1.00 3.40 77.27% |
Cajxx |
Cajxx Target Price Odds to finish below 1.0
The tendency of Cajxx Money Market 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 below current price in 90 days |
| 1.00 | 90 days | 1.00 | about 14.59 |
Based on a normal probability distribution, the odds of Cajxx to move below current price in 90 days from now is about 14.59 (This Cajxx probability density function shows the probability of Cajxx Money Market Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the money market fund has the beta coefficient of 17.21 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cajxx will likely underperform. In addition to that Cajxx has an alpha of 6.8146, implying that it can generate a 6.81 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cajxx Price Density |
| Price |
Predictive Modules for Cajxx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cajxx. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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 Cajxx'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.
Cajxx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cajxx is not an exception. The market had few large corrections towards the Cajxx'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 Cajxx, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cajxx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 6.81 | |
β | Beta against Dow Jones | 17.21 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | 0.11 |
Cajxx 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 Cajxx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cajxx can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cajxx is way too risky over 90 days horizon | |
| Cajxx has some characteristics of a very speculative penny stock | |
| Cajxx appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Spending bill to fund State Department agency accused of censoring, blacklisting Americans - Fox News | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Cajxx Technical Analysis
Cajxx's future price can be derived by breaking down and analyzing its technical indicators over time. Cajxx Money Market Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cajxx. In general, you should focus on analyzing Cajxx Money Market Fund price patterns and their correlations with different microeconomic environments and drivers.
Cajxx Predictive Forecast Models
Cajxx's time-series forecasting models is one of many Cajxx's money market 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 Cajxx'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 money market fund market movement and maximize returns from investment trading.
Things to note about Cajxx
Checking the ongoing alerts about Cajxx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cajxx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cajxx is way too risky over 90 days horizon | |
| Cajxx has some characteristics of a very speculative penny stock | |
| Cajxx appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Spending bill to fund State Department agency accused of censoring, blacklisting Americans - Fox News | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Cajxx Money Market Fund
Cajxx financial ratios help investors to determine whether Cajxx Money Market 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 Cajxx with respect to the benefits of owning Cajxx security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |