Equity Income Fund Probability of Future Mutual Fund Price Finishing Over 10.72
| AEUDX Fund | USD 9.71 0.02 0.21% |
Equity |
Equity Income Target Price Odds to finish over 10.72
The tendency of Equity 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 $ 10.72 or more in 90 days |
| 9.71 | 90 days | 10.72 | close to zero percent |
Based on a normal probability distribution, the odds of Equity Income to move over $ 10.72 or more in 90 days from now is close to zero percent (This Equity Income Fund probability density function shows the probability of Equity Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Equity Income price to stay between its current price of $ 9.71 and $ 10.72 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Equity Income has a beta of 0.51. This suggests as returns on the market go up, Equity Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equity Income Fund will be expected to be much smaller as well. Additionally Equity Income Fund 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. Equity Income Price Density |
| Price |
Predictive Modules for Equity Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equity Income. 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 Equity Income'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.
Equity Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equity Income is not an exception. The market had few large corrections towards the Equity Income'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 Equity Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equity Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0069 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.15 |
Equity Income Technical Analysis
Equity Income's future price can be derived by breaking down and analyzing its technical indicators over time. Equity Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equity Income Fund. In general, you should focus on analyzing Equity Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Equity Income Predictive Forecast Models
Equity Income's time-series forecasting models is one of many Equity Income'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 Equity Income'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equity Income in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equity Income's short interest history, or implied volatility extrapolated from Equity Income options trading.
Other Information on Investing in Equity Mutual Fund
Equity Income financial ratios help investors to determine whether Equity 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 Equity with respect to the benefits of owning Equity Income security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |