Europac Gold Fund Probability of Future Mutual Fund Price Finishing Under 9.65
| EPGFX Fund | USD 9.26 0.07 0.76% |
Europac |
Europac Gold Target Price Odds to finish below 9.65
The tendency of Europac 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 stay under $ 9.65 after 90 days |
| 9.26 | 90 days | 9.65 | about 8.62 |
Based on a normal probability distribution, the odds of Europac Gold to stay under $ 9.65 after 90 days from now is about 8.62 (This Europac Gold Fund probability density function shows the probability of Europac Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Europac Gold price to stay between its current price of $ 9.26 and $ 9.65 at the end of the 90-day period is about 6.9 .
Assuming the 90 days horizon Europac Gold has a beta of 0.25 suggesting as returns on the market go up, Europac Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Europac Gold Fund will be expected to be much smaller as well. Additionally Europac Gold Fund 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. Europac Gold Price Density |
| Price |
Predictive Modules for Europac Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Europac Gold. 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.Europac Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Europac Gold is not an exception. The market had few large corrections towards the Europac Gold'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 Europac Gold Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Europac Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.1 |
Europac Gold 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 Europac Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Europac Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Europac Gold generated a negative expected return over the last 90 days | |
| The fund retains 98.6% of its assets under management (AUM) in equities |
Europac Gold Technical Analysis
Europac Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Europac Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Europac Gold Fund. In general, you should focus on analyzing Europac Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Europac Gold Predictive Forecast Models
Europac Gold's time-series forecasting models is one of many Europac Gold'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 Europac Gold'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 Europac Gold
Checking the ongoing alerts about Europac Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Europac Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Europac Gold generated a negative expected return over the last 90 days | |
| The fund retains 98.6% of its assets under management (AUM) in equities |
Other Information on Investing in Europac Mutual Fund
Europac Gold financial ratios help investors to determine whether Europac 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 Europac with respect to the benefits of owning Europac Gold security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |