Jacob Micro Cap Fund Probability of Future Mutual Fund Price Finishing Over 23.44

JMIGX Fund  USD 27.17  0.26  0.97%   
Jacob Micro's future price is the expected price of Jacob Micro instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Jacob Micro Cap performance during a given time horizon utilizing its historical volatility. Check out Jacob Micro Backtesting, Portfolio Optimization, Jacob Micro Correlation, Jacob Micro Hype Analysis, Jacob Micro Volatility, Jacob Micro History as well as Jacob Micro Performance.
  
Please specify Jacob Micro's target price for which you would like Jacob Micro odds to be computed.

Jacob Micro Target Price Odds to finish over 23.44

The tendency of Jacob 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 PriceHorizonTarget PriceOdds to stay above $ 23.44  in 90 days
 27.17 90 days 23.44 
more than 93.0
Based on a normal probability distribution, the odds of Jacob Micro to stay above $ 23.44  in 90 days from now is more than 93.0 (This Jacob Micro Cap probability density function shows the probability of Jacob Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jacob Micro Cap price to stay between $ 23.44  and its current price of $27.17 at the end of the 90-day period is about 86.11 .
Assuming the 90 days horizon Jacob Micro has a beta of 0.33. This indicates as returns on the market go up, Jacob Micro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jacob Micro Cap will be expected to be much smaller as well. Additionally Jacob Micro Cap has an alpha of 0.1754, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Jacob Micro Price Density   
       Price  

Predictive Modules for Jacob Micro

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jacob Micro Cap. 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.
Hype
Prediction
LowEstimatedHigh
25.9327.1728.41
Details
Intrinsic
Valuation
LowRealHigh
26.3027.5428.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jacob Micro. Your research has to be compared to or analyzed against Jacob Micro's peers to derive any actionable benefits. When done correctly, Jacob Micro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jacob Micro Cap.

Jacob Micro Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Jacob Micro is not an exception. The market had few large corrections towards the Jacob Micro'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 Jacob Micro Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jacob Micro within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.18
β
Beta against Dow Jones0.33
σ
Overall volatility
1.26
Ir
Information ratio 0.1

Jacob Micro 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 Jacob Micro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jacob Micro Cap 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 -12.0%
Jacob Micro Cap retains about 15.12% of its assets under management (AUM) in cash

Jacob Micro 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 Jacob Mutual Fund often depends not only on the future outlook of the current and potential Jacob Micro'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. Jacob Micro's indicators that are reflective of the short sentiment are summarized in the table below.

Jacob Micro Technical Analysis

Jacob Micro's future price can be derived by breaking down and analyzing its technical indicators over time. Jacob Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jacob Micro Cap. In general, you should focus on analyzing Jacob Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Jacob Micro Predictive Forecast Models

Jacob Micro's time-series forecasting models is one of many Jacob Micro'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 Jacob Micro'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 Jacob Micro Cap

Checking the ongoing alerts about Jacob Micro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jacob Micro Cap 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 -12.0%
Jacob Micro Cap retains about 15.12% of its assets under management (AUM) in cash

Other Information on Investing in Jacob Mutual Fund

Jacob Micro financial ratios help investors to determine whether Jacob 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 Jacob with respect to the benefits of owning Jacob Micro security.
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