Kensington Active Advantage Fund Probability of Future Mutual Fund Price Finishing Under 9.56
| KADCX Fund | USD 10.11 0.07 0.70% |
Kensington |
Kensington Active Target Price Odds to finish below 9.56
The tendency of Kensington 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 $ 9.56 or more in 90 days |
| 10.11 | 90 days | 9.56 | near 1 |
Based on a normal probability distribution, the odds of Kensington Active to drop to $ 9.56 or more in 90 days from now is near 1 (This Kensington Active Advantage probability density function shows the probability of Kensington Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Kensington Active price to stay between $ 9.56 and its current price of $10.11 at the end of the 90-day period is about 64.95 .
Assuming the 90 days horizon Kensington Active has a beta of 0.43. This indicates as returns on the market go up, Kensington Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kensington Active Advantage will be expected to be much smaller as well. Additionally Kensington Active Advantage has an alpha of 0.0101, implying that it can generate a 0.0101 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kensington Active Price Density |
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Predictive Modules for Kensington Active
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kensington Active. 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 Kensington Active'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.
Kensington Active Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kensington Active is not an exception. The market had few large corrections towards the Kensington Active'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 Kensington Active Advantage, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kensington Active within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.0062 |
Kensington Active 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 Kensington Active for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kensington Active 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 maintains about 97.2% of its assets in cash |
Kensington Active Technical Analysis
Kensington Active's future price can be derived by breaking down and analyzing its technical indicators over time. Kensington Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kensington Active Advantage. In general, you should focus on analyzing Kensington Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Kensington Active Predictive Forecast Models
Kensington Active's time-series forecasting models is one of many Kensington Active'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 Kensington Active'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 Kensington Active
Checking the ongoing alerts about Kensington Active for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kensington Active help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 97.2% of its assets in cash |
Other Information on Investing in Kensington Mutual Fund
Kensington Active financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Active security.
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