Ancorathelen Small Mid Cap Fund Probability of Future Mutual Fund Price Finishing Over 24.25
| AATSX Fund | USD 22.72 0.32 1.43% |
Ancora/thelen |
Ancora/thelen Small-mid Target Price Odds to finish over 24.25
The tendency of Ancora/thelen 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 $ 24.25 or more in 90 days |
| 22.72 | 90 days | 24.25 | near 1 |
Based on a normal probability distribution, the odds of Ancora/thelen Small-mid to move over $ 24.25 or more in 90 days from now is near 1 (This Ancorathelen Small Mid Cap probability density function shows the probability of Ancora/thelen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ancora/thelen Small-mid price to stay between its current price of $ 22.72 and $ 24.25 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.2 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ancora/thelen Small-mid will likely underperform. Additionally Ancorathelen Small Mid Cap has an alpha of 0.0408, implying that it can generate a 0.0408 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ancora/thelen Small-mid Price Density |
| Price |
Predictive Modules for Ancora/thelen Small-mid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ancora/thelen Small-mid. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ancora/thelen Small-mid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ancora/thelen Small-mid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ancora/thelen Small-mid is not an exception. The market had few large corrections towards the Ancora/thelen Small-mid'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 Ancorathelen Small Mid Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ancora/thelen Small-mid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.06 |
Ancora/thelen Small-mid 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 Ancora/thelen Small-mid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ancora/thelen Small-mid 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 98.43% of its assets under management (AUM) in equities |
Ancora/thelen Small-mid Technical Analysis
Ancora/thelen Small-mid's future price can be derived by breaking down and analyzing its technical indicators over time. Ancora/thelen Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ancorathelen Small Mid Cap. In general, you should focus on analyzing Ancora/thelen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ancora/thelen Small-mid Predictive Forecast Models
Ancora/thelen Small-mid's time-series forecasting models is one of many Ancora/thelen Small-mid'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 Ancora/thelen Small-mid'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 Ancora/thelen Small-mid
Checking the ongoing alerts about Ancora/thelen Small-mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ancora/thelen Small-mid 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 98.43% of its assets under management (AUM) in equities |
Other Information on Investing in Ancora/thelen Mutual Fund
Ancora/thelen Small-mid financial ratios help investors to determine whether Ancora/thelen 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 Ancora/thelen with respect to the benefits of owning Ancora/thelen Small-mid security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets |