Blue Current Global Fund Probability of Future Mutual Fund Price Finishing Under 15.66
| BCGDX Fund | USD 16.29 0.10 0.62% |
Blue |
Blue Current Target Price Odds to finish below 15.66
The tendency of Blue 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 $ 15.66 or more in 90 days |
| 16.29 | 90 days | 15.66 | near 1 |
Based on a normal probability distribution, the odds of Blue Current to drop to $ 15.66 or more in 90 days from now is near 1 (This Blue Current Global probability density function shows the probability of Blue Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Blue Current Global price to stay between $ 15.66 and its current price of $16.29 at the end of the 90-day period is about 63.74 .
Assuming the 90 days horizon Blue Current has a beta of 0.59 suggesting as returns on the market go up, Blue Current average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blue Current Global will be expected to be much smaller as well. Additionally Blue Current Global 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. Blue Current Price Density |
| Price |
Predictive Modules for Blue Current
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Current Global. 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 Blue Current'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.
Blue Current Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Current is not an exception. The market had few large corrections towards the Blue Current'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 Blue Current Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Current within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.2 |
Blue Current 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 Blue Current for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Current Global 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 96.06% of its assets under management (AUM) in equities |
Blue Current 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 Blue Mutual Fund often depends not only on the future outlook of the current and potential Blue Current'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. Blue Current's indicators that are reflective of the short sentiment are summarized in the table below.
Blue Current Technical Analysis
Blue Current's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Current Global. In general, you should focus on analyzing Blue Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Blue Current Predictive Forecast Models
Blue Current's time-series forecasting models is one of many Blue Current'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 Blue Current'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 Blue Current Global
Checking the ongoing alerts about Blue Current for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Current Global 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 96.06% of its assets under management (AUM) in equities |
Other Information on Investing in Blue Mutual Fund
Blue Current financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Current security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |