CXFI Caixa (Brazil) Probability of Future Fund Price Finishing Over 66.35
| CXRI11 Fund | BRL 71.42 0.92 1.30% |
CXFI |
CXFI Caixa Target Price Odds to finish over 66.35
The tendency of CXFI 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 stay above R$ 66.35 in 90 days |
| 71.42 | 90 days | 66.35 | about 98.0 |
Based on a normal probability distribution, the odds of CXFI Caixa to stay above R$ 66.35 in 90 days from now is about 98.0 (This CXFI Caixa probability density function shows the probability of CXFI Fund to fall within a particular range of prices over 90 days) . Probability of CXFI Caixa price to stay between R$ 66.35 and its current price of R$71.42 at the end of the 90-day period is about 19.92 .
Assuming the 90 days trading horizon CXFI Caixa has a beta of -0.8 suggesting as returns on the benchmark increase, returns on holding CXFI Caixa are expected to decrease at a much lower rate. During a bear market, however, CXFI Caixa is likely to outperform the market. Additionally CXFI Caixa 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. CXFI Caixa Price Density |
| Price |
Predictive Modules for CXFI Caixa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CXFI Caixa. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.CXFI Caixa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CXFI Caixa is not an exception. The market had few large corrections towards the CXFI Caixa'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 CXFI Caixa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CXFI Caixa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 3.98 | |
Ir | Information ratio | -0.08 |
CXFI Caixa 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 CXFI Caixa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CXFI Caixa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CXFI Caixa generated a negative expected return over the last 90 days |
CXFI Caixa 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 CXFI Fund often depends not only on the future outlook of the current and potential CXFI Caixa'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. CXFI Caixa's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 57 | |
| Average Daily Volume In Three Month | 110 |
CXFI Caixa Technical Analysis
CXFI Caixa's future price can be derived by breaking down and analyzing its technical indicators over time. CXFI Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CXFI Caixa. In general, you should focus on analyzing CXFI Fund price patterns and their correlations with different microeconomic environments and drivers.
CXFI Caixa Predictive Forecast Models
CXFI Caixa's time-series forecasting models is one of many CXFI Caixa's 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 CXFI Caixa'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 fund market movement and maximize returns from investment trading.
Things to note about CXFI Caixa
Checking the ongoing alerts about CXFI Caixa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CXFI Caixa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CXFI Caixa generated a negative expected return over the last 90 days |
Other Information on Investing in CXFI Fund
CXFI Caixa financial ratios help investors to determine whether CXFI 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 CXFI with respect to the benefits of owning CXFI Caixa security.
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