Cargile Fund Probability of Future Mutual Fund Price Finishing Over 10.28
| CFNDX Fund | USD 9.12 0.02 0.22% |
Cargile |
Cargile Fund Target Price Odds to finish over 10.28
The tendency of Cargile 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 $ 10.28 or more in 90 days |
| 9.12 | 90 days | 10.28 | close to zero percent |
Based on a normal probability distribution, the odds of Cargile Fund to move over $ 10.28 or more in 90 days from now is close to zero percent (This Cargile Fund probability density function shows the probability of Cargile Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Cargile Fund price to stay between its current price of $ 9.12 and $ 10.28 at the end of the 90-day period is about 20.12 .
Assuming the 90 days horizon Cargile Fund has a beta of 0.34 suggesting as returns on the market go up, Cargile Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cargile Fund will be expected to be much smaller as well. Additionally Cargile Fund has an alpha of 0.0116, implying that it can generate a 0.0116 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cargile Fund Price Density |
| Price |
Predictive Modules for Cargile Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cargile Fund. 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 Cargile Fund'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.
Cargile Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cargile Fund is not an exception. The market had few large corrections towards the Cargile Fund'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 Cargile Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cargile Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.0094 |
Cargile Fund 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 Cargile Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cargile Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cargile Fund generated five year return of -2.0% | |
| This fund holds about 5.12% of its assets under management (AUM) in cash |
Cargile Fund Technical Analysis
Cargile Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Cargile Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cargile Fund. In general, you should focus on analyzing Cargile Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Cargile Fund Predictive Forecast Models
Cargile Fund's time-series forecasting models is one of many Cargile Fund'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 Cargile Fund'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 Cargile Fund
Checking the ongoing alerts about Cargile Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cargile Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cargile Fund generated five year return of -2.0% | |
| This fund holds about 5.12% of its assets under management (AUM) in cash |
Other Information on Investing in Cargile Mutual Fund
Cargile Fund financial ratios help investors to determine whether Cargile 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 Cargile with respect to the benefits of owning Cargile Fund security.
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