Medical Equipment And Fund Probability of Future Mutual Fund Price Finishing Over 68.5
| FSMEX Fund | USD 69.08 0.10 0.14% |
Medical |
Medical Equipment Target Price Odds to finish over 68.5
The tendency of Medical 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 above $ 68.50 in 90 days |
| 69.08 | 90 days | 68.50 | about 10.94 |
Based on a normal probability distribution, the odds of Medical Equipment to stay above $ 68.50 in 90 days from now is about 10.94 (This Medical Equipment And probability density function shows the probability of Medical Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Medical Equipment And price to stay between $ 68.50 and its current price of $69.08 at the end of the 90-day period is about 8.04 .
Assuming the 90 days horizon Medical Equipment has a beta of 0.62. This usually indicates as returns on the market go up, Medical Equipment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Medical Equipment And will be expected to be much smaller as well. Additionally Medical Equipment And 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. Medical Equipment Price Density |
| Price |
Predictive Modules for Medical Equipment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medical Equipment And. 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 Medical Equipment'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.
Medical Equipment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medical Equipment is not an exception. The market had few large corrections towards the Medical Equipment'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 Medical Equipment And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medical Equipment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.08 |
Medical Equipment 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 Medical Equipment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medical Equipment And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of -4.0% | |
| Medical Equipment And retains 98.24% of its assets under management (AUM) in equities |
Medical Equipment Technical Analysis
Medical Equipment's future price can be derived by breaking down and analyzing its technical indicators over time. Medical Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medical Equipment And. In general, you should focus on analyzing Medical Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Medical Equipment Predictive Forecast Models
Medical Equipment's time-series forecasting models is one of many Medical Equipment'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 Medical Equipment'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 Medical Equipment And
Checking the ongoing alerts about Medical Equipment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medical Equipment And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -4.0% | |
| Medical Equipment And retains 98.24% of its assets under management (AUM) in equities |
Other Information on Investing in Medical Mutual Fund
Medical Equipment financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Equipment security.
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