Capital Group California Fund Probability of Future Mutual Fund Price Finishing Over 10.48
| CCSTX Fund | USD 9.98 0.02 0.20% |
Capital |
Capital Group Target Price Odds to finish over 10.48
The tendency of Capital 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 $ 10.48 or more in 90 days |
| 9.98 | 90 days | 10.48 | close to zero percent |
Based on a normal probability distribution, the odds of Capital Group to move over $ 10.48 or more in 90 days from now is close to zero percent (This Capital Group California probability density function shows the probability of Capital Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Capital Group California price to stay between its current price of $ 9.98 and $ 10.48 at the end of the 90-day period is about 76.65 .
Assuming the 90 days horizon Capital Group has a beta of 0.01 suggesting as returns on the market go up, Capital Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Capital Group California will be expected to be much smaller as well. Additionally Capital Group California 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. Capital Group Price Density |
| Price |
Predictive Modules for Capital Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital Group California. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capital Group'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.
Capital Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capital Group is not an exception. The market had few large corrections towards the Capital Group'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 Capital Group California, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capital Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.34 |
Capital Group 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 Capital Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Capital Group California can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Capital Group generated a negative expected return over the last 90 days | |
| The fund holds about 97.93% of its assets under management (AUM) in fixed income securities |
Capital Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Capital Mutual Fund often depends not only on the future outlook of the current and potential Capital Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Capital Group's indicators that are reflective of the short sentiment are summarized in the table below.
Capital Group Technical Analysis
Capital Group's future price can be derived by breaking down and analyzing its technical indicators over time. Capital Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capital Group California. In general, you should focus on analyzing Capital Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Capital Group Predictive Forecast Models
Capital Group's time-series forecasting models is one of many Capital Group'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 Capital Group'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 Capital Group California
Checking the ongoing alerts about Capital Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Capital Group California help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Capital Group generated a negative expected return over the last 90 days | |
| The fund holds about 97.93% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Capital Mutual Fund
Capital Group financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Group security.
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