Pfg Janus Henderson Fund Probability of Future Mutual Fund Price Finishing Under 10.16
| PFJHX Fund | USD 10.19 0.08 0.79% |
Pfg |
Pfg Janus Target Price Odds to finish below 10.16
The tendency of Pfg 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 $ 10.16 or more in 90 days |
| 10.19 | 90 days | 10.16 | about 28.81 |
Based on a normal probability distribution, the odds of Pfg Janus to drop to $ 10.16 or more in 90 days from now is about 28.81 (This Pfg Janus Henderson probability density function shows the probability of Pfg Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pfg Janus Henderson price to stay between $ 10.16 and its current price of $10.19 at the end of the 90-day period is about 8.4 .
Assuming the 90 days horizon Pfg Janus has a beta of 0.49 indicating as returns on the market go up, Pfg Janus average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pfg Janus Henderson will be expected to be much smaller as well. Additionally Pfg Janus Henderson 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. Pfg Janus Price Density |
| Price |
Predictive Modules for Pfg Janus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pfg Janus Henderson. 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.Pfg Janus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pfg Janus is not an exception. The market had few large corrections towards the Pfg Janus' 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 Pfg Janus Henderson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pfg Janus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.04 |
Pfg Janus 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 Pfg Janus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pfg Janus Henderson 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 5.86% of its assets in cash |
Pfg Janus Technical Analysis
Pfg Janus' future price can be derived by breaking down and analyzing its technical indicators over time. Pfg Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pfg Janus Henderson. In general, you should focus on analyzing Pfg Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pfg Janus Predictive Forecast Models
Pfg Janus' time-series forecasting models is one of many Pfg Janus' 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 Pfg Janus' 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 Pfg Janus Henderson
Checking the ongoing alerts about Pfg Janus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pfg Janus Henderson 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 5.86% of its assets in cash |
Other Information on Investing in Pfg Mutual Fund
Pfg Janus financial ratios help investors to determine whether Pfg 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 Pfg with respect to the benefits of owning Pfg Janus security.
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