361 Global Longshort Fund Probability of Future Mutual Fund Price Finishing Under 11.23
| AGAWX Fund | USD 12.84 0.04 0.31% |
361 |
361 Global Target Price Odds to finish below 11.23
The tendency of 361 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 drop to $ 11.23 or more in 90 days |
| 12.84 | 90 days | 11.23 | near 1 |
Based on a normal probability distribution, the odds of 361 Global to drop to $ 11.23 or more in 90 days from now is near 1 (This 361 Global Longshort probability density function shows the probability of 361 Mutual Fund to fall within a particular range of prices over 90 days) . Probability of 361 Global Longshort price to stay between $ 11.23 and its current price of $12.84 at the end of the 90-day period is about 40.07 .
Assuming the 90 days horizon 361 Global has a beta of 0.0779. This suggests as returns on the market go up, 361 Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 361 Global Longshort will be expected to be much smaller as well. Additionally 361 Global Longshort has an alpha of 0.0105, implying that it can generate a 0.0105 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 361 Global Price Density |
| Price |
Predictive Modules for 361 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 361 Global Longshort. 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 361 Global'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.
361 Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 361 Global is not an exception. The market had few large corrections towards the 361 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 361 Global Longshort, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 361 Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.24 |
361 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 361 Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 361 Global Longshort 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 13.36% of its assets under management (AUM) in cash |
361 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 361 Mutual Fund often depends not only on the future outlook of the current and potential 361 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. 361 Global's indicators that are reflective of the short sentiment are summarized in the table below.
361 Global Technical Analysis
361 Global's future price can be derived by breaking down and analyzing its technical indicators over time. 361 Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 361 Global Longshort. In general, you should focus on analyzing 361 Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
361 Global Predictive Forecast Models
361 Global's time-series forecasting models is one of many 361 Global'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 361 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 mutual fund market movement and maximize returns from investment trading.
Things to note about 361 Global Longshort
Checking the ongoing alerts about 361 Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 361 Global Longshort 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 13.36% of its assets under management (AUM) in cash |
Other Information on Investing in 361 Mutual Fund
361 Global financial ratios help investors to determine whether 361 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 361 with respect to the benefits of owning 361 Global security.
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