Cornerstone Equity Fund Probability of Future Mutual Fund Price Finishing Over 20.46
| UCEQX Fund | USD 17.95 0.14 0.79% |
Cornerstone |
Cornerstone Equity Target Price Odds to finish over 20.46
The tendency of Cornerstone 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 $ 20.46 or more in 90 days |
| 17.95 | 90 days | 20.46 | near 1 |
Based on a normal probability distribution, the odds of Cornerstone Equity to move over $ 20.46 or more in 90 days from now is near 1 (This Cornerstone Equity Fund probability density function shows the probability of Cornerstone Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Cornerstone Equity price to stay between its current price of $ 17.95 and $ 20.46 at the end of the 90-day period is about 51.33 .
Assuming the 90 days horizon Cornerstone Equity has a beta of 0.55. This usually implies as returns on the market go up, Cornerstone Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cornerstone Equity Fund will be expected to be much smaller as well. Additionally Cornerstone Equity Fund has an alpha of 0.0071, implying that it can generate a 0.007117 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cornerstone Equity Price Density |
| Price |
Predictive Modules for Cornerstone Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cornerstone Equity. 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.Cornerstone Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cornerstone Equity is not an exception. The market had few large corrections towards the Cornerstone Equity'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 Cornerstone Equity Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cornerstone Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.02 |
Cornerstone Equity 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 Cornerstone Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cornerstone Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cornerstone Equity generated a negative expected return over the last 90 days | |
| The fund keeps 99.64% of its net assets in stocks |
Cornerstone Equity Technical Analysis
Cornerstone Equity's future price can be derived by breaking down and analyzing its technical indicators over time. Cornerstone Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cornerstone Equity Fund. In general, you should focus on analyzing Cornerstone Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Cornerstone Equity Predictive Forecast Models
Cornerstone Equity's time-series forecasting models is one of many Cornerstone Equity'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 Cornerstone Equity'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 Cornerstone Equity
Checking the ongoing alerts about Cornerstone Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cornerstone Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cornerstone Equity generated a negative expected return over the last 90 days | |
| The fund keeps 99.64% of its net assets in stocks |
Other Information on Investing in Cornerstone Mutual Fund
Cornerstone Equity financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Equity security.
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