Ci Global Resource Fund Probability of Future Fund Price Finishing Over 29.96
| 0P000070I2 | CAD 29.77 0.32 1.06% |
0P000070I2 |
CI Global Target Price Odds to finish over 29.96
The tendency of 0P000070I2 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 C$ 29.96 or more in 90 days |
| 29.77 | 90 days | 29.96 | about 27.57 |
Based on a normal probability distribution, the odds of CI Global to move over C$ 29.96 or more in 90 days from now is about 27.57 (This CI Global Resource probability density function shows the probability of 0P000070I2 Fund to fall within a particular range of prices over 90 days) . Probability of CI Global Resource price to stay between its current price of C$ 29.77 and C$ 29.96 at the end of the 90-day period is about 7.13 .
Assuming the 90 days trading horizon CI Global has a beta of 0.0282. This suggests as returns on the market go up, CI Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CI Global Resource will be expected to be much smaller as well. Additionally CI Global Resource has an alpha of 0.0279, implying that it can generate a 0.0279 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CI Global Price Density |
| Price |
Predictive Modules for CI Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CI Global Resource. 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.CI Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CI Global is not an exception. The market had few large corrections towards the CI Global'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 CI Global Resource, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CI Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | -0.06 |
CI Global 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 CI Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CI Global Resource can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| This fund generated-5.0 ten year return of -5.0% | |
| CI Global holds about 10.66% of its total net assets in cash |
CI Global 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 0P000070I2 Fund often depends not only on the future outlook of the current and potential CI Global'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. CI Global's indicators that are reflective of the short sentiment are summarized in the table below.
CI Global Technical Analysis
CI Global's future price can be derived by breaking down and analyzing its technical indicators over time. 0P000070I2 Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CI Global Resource. In general, you should focus on analyzing 0P000070I2 Fund price patterns and their correlations with different microeconomic environments and drivers.
CI Global Predictive Forecast Models
CI Global's time-series forecasting models is one of many CI Global'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 CI Global'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 CI Global Resource
Checking the ongoing alerts about CI Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CI Global Resource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| This fund generated-5.0 ten year return of -5.0% | |
| CI Global holds about 10.66% of its total net assets in cash |
Other Information on Investing in 0P000070I2 Fund
CI Global financial ratios help investors to determine whether 0P000070I2 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 0P000070I2 with respect to the benefits of owning CI Global security.
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