AXA World (Germany) Probability of Future Fund Price Finishing Under 195.96
| AW43 Fund | EUR 212.22 0.04 0.02% |
AXA |
AXA World Target Price Odds to finish below 195.96
The tendency of AXA 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 € 195.96 or more in 90 days |
| 212.22 | 90 days | 195.96 | near 1 |
Based on a normal probability distribution, the odds of AXA World to drop to € 195.96 or more in 90 days from now is near 1 (This AXA World Funds probability density function shows the probability of AXA Fund to fall within a particular range of prices over 90 days) . Probability of AXA World Funds price to stay between € 195.96 and its current price of €212.22 at the end of the 90-day period is about 67.45 .
Assuming the 90 days trading horizon AXA World has a beta of 0.17. This suggests as returns on the market go up, AXA World average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AXA World Funds will be expected to be much smaller as well. Additionally AXA World Funds 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. AXA World Price Density |
| Price |
Predictive Modules for AXA World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AXA World Funds. 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.AXA World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AXA World is not an exception. The market had few large corrections towards the AXA World'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 AXA World Funds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AXA World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 3.40 | |
Ir | Information ratio | -0.2 |
AXA World Technical Analysis
AXA World's future price can be derived by breaking down and analyzing its technical indicators over time. AXA Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AXA World Funds. In general, you should focus on analyzing AXA Fund price patterns and their correlations with different microeconomic environments and drivers.
AXA World Predictive Forecast Models
AXA World's time-series forecasting models is one of many AXA World'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 AXA World'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.
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 AXA World 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, AXA World's short interest history, or implied volatility extrapolated from AXA World options trading.
Other Information on Investing in AXA Fund
AXA World financial ratios help investors to determine whether AXA 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 AXA with respect to the benefits of owning AXA World security.
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