Needham Small Cap Fund Probability of Future Mutual Fund Price Finishing Under 18.87
| NESIX Fund | USD 19.74 0.75 3.66% |
Needham |
Needham Small Target Price Odds to finish below 18.87
The tendency of Needham 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 $ 18.87 or more in 90 days |
| 19.74 | 90 days | 18.87 | about 11.64 |
Based on a normal probability distribution, the odds of Needham Small to drop to $ 18.87 or more in 90 days from now is about 11.64 (This Needham Small Cap probability density function shows the probability of Needham Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Needham Small Cap price to stay between $ 18.87 and its current price of $19.74 at the end of the 90-day period is about 44.3 .
Assuming the 90 days horizon Needham Small has a beta of 0.29. This indicates as returns on the market go up, Needham Small average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Needham Small Cap will be expected to be much smaller as well. Additionally Needham Small Cap has an alpha of 0.1353, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Needham Small Price Density |
| Price |
Predictive Modules for Needham Small
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Needham Small 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.Needham Small Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Needham Small is not an exception. The market had few large corrections towards the Needham Small'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 Needham Small Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Needham Small within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.08 |
Needham Small 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 Needham Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Needham Small 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 -4.0% | |
| Needham Small Cap maintains about 20.45% of its assets in cash |
Needham Small Technical Analysis
Needham Small's future price can be derived by breaking down and analyzing its technical indicators over time. Needham Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Needham Small Cap. In general, you should focus on analyzing Needham Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Needham Small Predictive Forecast Models
Needham Small's time-series forecasting models is one of many Needham Small'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 Needham Small'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 Needham Small Cap
Checking the ongoing alerts about Needham Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Needham Small 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 -4.0% | |
| Needham Small Cap maintains about 20.45% of its assets in cash |
Other Information on Investing in Needham Mutual Fund
Needham Small financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Small security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |