Mmojx Fund Chance of Future Mutual Fund Price Finishing Over 9.34
| MMOJX Fund | 8.31 0.01 0.12% |
Mmojx |
Mmojx Target Price Odds to finish over 9.34
The tendency of Mmojx 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 move over 9.34 or more in 90 days |
| 8.31 | 90 days | 9.34 | about 20.73 |
Based on a normal probability distribution, the odds of Mmojx to move over 9.34 or more in 90 days from now is about 20.73 (This Mmojx probability density function shows the probability of Mmojx Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mmojx price to stay between its current price of 8.31 and 9.34 at the end of the 90-day period is about 76.35 .
Assuming the 90 days horizon Mmojx has a beta of 0.088. This indicates as returns on the market go up, Mmojx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mmojx will be expected to be much smaller as well. Additionally Mmojx 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. Mmojx Price Density |
| Price |
Predictive Modules for Mmojx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mmojx. 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.Mmojx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mmojx is not an exception. The market had few large corrections towards the Mmojx'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 Mmojx, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mmojx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.2 |
Mmojx 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 Mmojx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mmojx can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mmojx generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
Mmojx Technical Analysis
Mmojx's future price can be derived by breaking down and analyzing its technical indicators over time. Mmojx Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mmojx. In general, you should focus on analyzing Mmojx Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mmojx Predictive Forecast Models
Mmojx's time-series forecasting models is one of many Mmojx'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 Mmojx'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 Mmojx
Checking the ongoing alerts about Mmojx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mmojx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mmojx generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Mmojx Mutual Fund
Mmojx financial ratios help investors to determine whether Mmojx 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 Mmojx with respect to the benefits of owning Mmojx security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
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