Aberdeen Asia Pacificome Fund Probability of Future Mutual Fund Price Finishing Over 18.00
XFAPX Fund | USD 17.00 0.02 0.12% |
Aberdeen |
Aberdeen Asia Target Price Odds to finish over 18.00
The tendency of Aberdeen 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 $ 18.00 or more in 90 days |
17.00 | 90 days | 18.00 | about 27.58 |
Based on a normal probability distribution, the odds of Aberdeen Asia to move over $ 18.00 or more in 90 days from now is about 27.58 (This Aberdeen Asia Pacificome probability density function shows the probability of Aberdeen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Aberdeen Asia Pacificome price to stay between its current price of $ 17.00 and $ 18.00 at the end of the 90-day period is about 68.7 .
Assuming the 90 days horizon Aberdeen Asia Pacificome has a beta of -0.0064. This entails as returns on the benchmark increase, returns on holding Aberdeen Asia are expected to decrease at a much lower rate. During a bear market, however, Aberdeen Asia Pacificome is likely to outperform the market. Additionally Aberdeen Asia Pacificome 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. Aberdeen Asia Price Density |
Price |
Predictive Modules for Aberdeen Asia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Asia Pacificome. 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.Aberdeen Asia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aberdeen Asia is not an exception. The market had few large corrections towards the Aberdeen Asia'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 Aberdeen Asia Pacificome, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aberdeen Asia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.0064 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.5 |
Aberdeen Asia 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 Aberdeen Asia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aberdeen Asia Pacificome can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Aberdeen Asia generated a negative expected return over the last 90 days |
Aberdeen Asia Technical Analysis
Aberdeen Asia's future price can be derived by breaking down and analyzing its technical indicators over time. Aberdeen Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aberdeen Asia Pacificome. In general, you should focus on analyzing Aberdeen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Aberdeen Asia Predictive Forecast Models
Aberdeen Asia's time-series forecasting models is one of many Aberdeen Asia'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 Aberdeen Asia'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 Aberdeen Asia Pacificome
Checking the ongoing alerts about Aberdeen Asia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aberdeen Asia Pacificome help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Aberdeen Asia generated a negative expected return over the last 90 days |
Other Information on Investing in Aberdeen Mutual Fund
Aberdeen Asia financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Asia security.
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