Tekla Healthcare Opportunities Fund Probability of Future Fund Price Finishing Over 21.72
| THQ Fund | USD 19.29 0.03 0.16% |
Tekla |
Tekla Healthcare Target Price Odds to finish over 21.72
The tendency of Tekla 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 $ 21.72 or more in 90 days |
| 19.29 | 90 days | 21.72 | about 13.11 |
Based on a normal probability distribution, the odds of Tekla Healthcare to move over $ 21.72 or more in 90 days from now is about 13.11 (This Tekla Healthcare Opportunities probability density function shows the probability of Tekla Fund to fall within a particular range of prices over 90 days) . Probability of Tekla Healthcare Opp price to stay between its current price of $ 19.29 and $ 21.72 at the end of the 90-day period is about 77.76 .
Considering the 90-day investment horizon Tekla Healthcare has a beta of 0.29. This usually implies as returns on the market go up, Tekla Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tekla Healthcare Opportunities will be expected to be much smaller as well. Additionally Tekla Healthcare Opportunities 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. Tekla Healthcare Price Density |
| Price |
Predictive Modules for Tekla Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tekla Healthcare Opp. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Tekla Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tekla Healthcare is not an exception. The market had few large corrections towards the Tekla Healthcare'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 Tekla Healthcare Opportunities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tekla Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.14 |
Tekla Healthcare 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 Tekla Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tekla Healthcare Opp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tekla Healthcare Opp generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: THQ Change In Prepaid Assets -0.1 Mil - GuruFocus.com | |
| The fund generated three year return of 0.0% |
Tekla Healthcare Technical Analysis
Tekla Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Tekla Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tekla Healthcare Opportunities. In general, you should focus on analyzing Tekla Fund price patterns and their correlations with different microeconomic environments and drivers.
Tekla Healthcare Predictive Forecast Models
Tekla Healthcare's time-series forecasting models is one of many Tekla Healthcare's 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 Tekla Healthcare'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 fund market movement and maximize returns from investment trading.
Things to note about Tekla Healthcare Opp
Checking the ongoing alerts about Tekla Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tekla Healthcare Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tekla Healthcare Opp generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: THQ Change In Prepaid Assets -0.1 Mil - GuruFocus.com | |
| The fund generated three year return of 0.0% |
Other Information on Investing in Tekla Fund
Tekla Healthcare financial ratios help investors to determine whether Tekla 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 Tekla with respect to the benefits of owning Tekla Healthcare security.
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