Snow Capital Opportunity Fund Probability of Future Mutual Fund Price Finishing Under 34.31
| SNOAX Fund | USD 31.74 0.30 0.95% |
Snow |
Snow Capital Target Price Odds to finish below 34.31
The tendency of Snow 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 stay under $ 34.31 after 90 days |
| 31.74 | 90 days | 34.31 | about 50.43 |
Based on a normal probability distribution, the odds of Snow Capital to stay under $ 34.31 after 90 days from now is about 50.43 (This Snow Capital Opportunity probability density function shows the probability of Snow Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Snow Capital Opportunity price to stay between its current price of $ 31.74 and $ 34.31 at the end of the 90-day period is about 50.38 .
Assuming the 90 days horizon Snow Capital has a beta of 0.92. This usually implies Snow Capital Opportunity market returns are sensitive to returns on the market. As the market goes up or down, Snow Capital is expected to follow. Additionally Snow Capital Opportunity 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. Snow Capital Price Density |
| Price |
Predictive Modules for Snow Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snow Capital Opportunity. 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.Snow Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Snow Capital is not an exception. The market had few large corrections towards the Snow Capital'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 Snow Capital Opportunity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Snow Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.13 |
Snow Capital 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 Snow Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snow Capital Opportunity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Snow Capital generated a negative expected return over the last 90 days | |
| The fund maintains about 18.66% of its assets in cash |
Snow Capital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Snow Mutual Fund often depends not only on the future outlook of the current and potential Snow Capital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Snow Capital's indicators that are reflective of the short sentiment are summarized in the table below.
Snow Capital Technical Analysis
Snow Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Snow Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snow Capital Opportunity. In general, you should focus on analyzing Snow Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Snow Capital Predictive Forecast Models
Snow Capital's time-series forecasting models is one of many Snow Capital'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 Snow Capital'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 Snow Capital Opportunity
Checking the ongoing alerts about Snow Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snow Capital Opportunity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Snow Capital generated a negative expected return over the last 90 days | |
| The fund maintains about 18.66% of its assets in cash |
Other Information on Investing in Snow Mutual Fund
Snow Capital financial ratios help investors to determine whether Snow 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 Snow with respect to the benefits of owning Snow Capital security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |