Leuthold Global Fund Probability of Future Mutual Fund Price Finishing Under 6.82
| GLBIX Fund | USD 8.94 0.06 0.67% |
Leuthold |
Leuthold Global Target Price Odds to finish below 6.82
The tendency of Leuthold 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 drop to $ 6.82 or more in 90 days |
| 8.94 | 90 days | 6.82 | near 1 |
Based on a normal probability distribution, the odds of Leuthold Global to drop to $ 6.82 or more in 90 days from now is near 1 (This Leuthold Global Fund probability density function shows the probability of Leuthold Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Leuthold Global price to stay between $ 6.82 and its current price of $8.94 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Leuthold Global has a beta of 0.47. This usually indicates as returns on the market go up, Leuthold Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Leuthold Global Fund will be expected to be much smaller as well. Additionally Leuthold Global 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. Leuthold Global Price Density |
| Price |
Predictive Modules for Leuthold Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leuthold Global. 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.Leuthold Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leuthold Global is not an exception. The market had few large corrections towards the Leuthold Global'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 Leuthold Global Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leuthold Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.25 |
Leuthold Global 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 Leuthold Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leuthold Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Leuthold Global generated a negative expected return over the last 90 days | |
| The fund retains about 29.46% of its assets under management (AUM) in cash |
Leuthold Global Technical Analysis
Leuthold Global's future price can be derived by breaking down and analyzing its technical indicators over time. Leuthold Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leuthold Global Fund. In general, you should focus on analyzing Leuthold Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Leuthold Global Predictive Forecast Models
Leuthold Global's time-series forecasting models is one of many Leuthold Global'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 Leuthold Global'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 Leuthold Global
Checking the ongoing alerts about Leuthold Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leuthold Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Leuthold Global generated a negative expected return over the last 90 days | |
| The fund retains about 29.46% of its assets under management (AUM) in cash |
Other Information on Investing in Leuthold Mutual Fund
Leuthold Global financial ratios help investors to determine whether Leuthold 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 Leuthold with respect to the benefits of owning Leuthold Global security.
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