Profunds Large Cap Growth Fund Probability of Future Mutual Fund Price Finishing Under 36.06
| LGPSX Fund | USD 36.16 0.07 0.19% |
Profunds |
Profunds Large Target Price Odds to finish below 36.06
The tendency of Profunds 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 $ 36.06 or more in 90 days |
| 36.16 | 90 days | 36.06 | roughly 97.0 |
Based on a normal probability distribution, the odds of Profunds Large to drop to $ 36.06 or more in 90 days from now is roughly 97.0 (This Profunds Large Cap Growth probability density function shows the probability of Profunds Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Profunds Large Cap price to stay between $ 36.06 and its current price of $36.16 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Profunds Large has a beta of 0.74. This indicates as returns on the market go up, Profunds Large average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Profunds Large Cap Growth will be expected to be much smaller as well. Additionally Profunds Large Cap Growth has an alpha of 0.095, implying that it can generate a 0.095 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Profunds Large Price Density |
| Price |
Predictive Modules for Profunds Large
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Profunds Large 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Profunds Large'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.
Profunds Large Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Profunds Large is not an exception. The market had few large corrections towards the Profunds Large'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 Profunds Large Cap Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Profunds Large within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 1.05 | |
Ir | Information ratio | 0.08 |
Profunds Large 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 Profunds Large for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Profunds Large 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.Profunds Large Technical Analysis
Profunds Large's future price can be derived by breaking down and analyzing its technical indicators over time. Profunds Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Profunds Large Cap Growth. In general, you should focus on analyzing Profunds Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Profunds Large Predictive Forecast Models
Profunds Large's time-series forecasting models is one of many Profunds Large'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 Profunds Large'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 Profunds Large Cap
Checking the ongoing alerts about Profunds Large for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Profunds Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Other Information on Investing in Profunds Mutual Fund
Profunds Large financial ratios help investors to determine whether Profunds 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 Profunds with respect to the benefits of owning Profunds Large security.
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