Vela Small Cap Fund Probability of Future Mutual Fund Price Finishing Over 19.51
| VESAX Fund | USD 18.04 0.33 1.86% |
Vela |
Vela Small Target Price Odds to finish over 19.51
The tendency of Vela 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 $ 19.51 or more in 90 days |
| 18.04 | 90 days | 19.51 | about 40.42 |
Based on a normal probability distribution, the odds of Vela Small to move over $ 19.51 or more in 90 days from now is about 40.42 (This Vela Small Cap probability density function shows the probability of Vela Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Vela Small Cap price to stay between its current price of $ 18.04 and $ 19.51 at the end of the 90-day period is about 57.21 .
Assuming the 90 days horizon Vela Small has a beta of 0.0199. This entails as returns on the market go up, Vela Small average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Vela Small Cap will be expected to be much smaller as well. Additionally Vela Small Cap 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. Vela Small Price Density |
| Price |
Predictive Modules for Vela 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 Vela 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.Vela Small Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vela Small is not an exception. The market had few large corrections towards the Vela 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 Vela Small Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vela Small within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.0095 |
Vela 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 Vela Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vela 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.| Vela Small Cap generated a negative expected return over the last 90 days | |
| The fund keeps about 9.77% of its net assets in cash |
Vela Small Technical Analysis
Vela Small's future price can be derived by breaking down and analyzing its technical indicators over time. Vela Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vela Small Cap. In general, you should focus on analyzing Vela Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Vela Small Predictive Forecast Models
Vela Small's time-series forecasting models is one of many Vela 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 Vela 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 Vela Small Cap
Checking the ongoing alerts about Vela Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vela Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vela Small Cap generated a negative expected return over the last 90 days | |
| The fund keeps about 9.77% of its net assets in cash |
Other Information on Investing in Vela Mutual Fund
Vela Small financial ratios help investors to determine whether Vela 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 Vela with respect to the benefits of owning Vela Small security.
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