Absolute Capital Asset Fund Probability of Future Mutual Fund Price Finishing Over 9.71

AAMAX Fund  USD 12.16  0.03  0.25%   
Absolute Capital's future price is the expected price of Absolute Capital instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Absolute Capital Asset performance during a given time horizon utilizing its historical volatility. Check out Absolute Capital Backtesting, Portfolio Optimization, Absolute Capital Correlation, Absolute Capital Hype Analysis, Absolute Capital Volatility, Absolute Capital History as well as Absolute Capital Performance.
  
Please specify Absolute Capital's target price for which you would like Absolute Capital odds to be computed.

Absolute Capital Target Price Odds to finish over 9.71

The tendency of Absolute 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 PriceHorizonTarget PriceOdds to stay above $ 9.71  in 90 days
 12.16 90 days 9.71 
close to 99
Based on a normal probability distribution, the odds of Absolute Capital to stay above $ 9.71  in 90 days from now is close to 99 (This Absolute Capital Asset probability density function shows the probability of Absolute Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Absolute Capital Asset price to stay between $ 9.71  and its current price of $12.16 at the end of the 90-day period is about 90.05 .
Assuming the 90 days horizon Absolute Capital has a beta of 0.69. This suggests as returns on the market go up, Absolute Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Absolute Capital Asset will be expected to be much smaller as well. Additionally Absolute Capital Asset has an alpha of 0.0304, implying that it can generate a 0.0304 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Absolute Capital Price Density   
       Price  

Predictive Modules for Absolute Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Absolute Capital Asset. 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.
Hype
Prediction
LowEstimatedHigh
0.000.000.56
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.56
Details
Naive
Forecast
LowNextHigh
11.6112.1712.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.9112.1312.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Absolute Capital. Your research has to be compared to or analyzed against Absolute Capital's peers to derive any actionable benefits. When done correctly, Absolute Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Absolute Capital Asset.

Absolute Capital Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Absolute Capital is not an exception. The market had few large corrections towards the Absolute Capital'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 Absolute Capital Asset, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Absolute Capital within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0.69
σ
Overall volatility
0.28
Ir
Information ratio -0.009

Absolute Capital 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 Absolute Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Absolute Capital Asset can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund holds about 24.75% of its assets under management (AUM) in cash

Absolute Capital Technical Analysis

Absolute Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Absolute Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Absolute Capital Asset. In general, you should focus on analyzing Absolute Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Absolute Capital Predictive Forecast Models

Absolute Capital's time-series forecasting models is one of many Absolute Capital'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 Absolute Capital'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 Absolute Capital Asset

Checking the ongoing alerts about Absolute Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Absolute Capital Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds about 24.75% of its assets under management (AUM) in cash

Other Information on Investing in Absolute Mutual Fund

Absolute Capital financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Capital security.
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