Cornerstone Strategic Value Fund Probability of Future Fund Price Finishing Under 8.82
| CLM Fund | USD 8.97 0.06 0.67% |
Cornerstone |
Cornerstone Strategic Target Price Odds to finish below 8.82
The tendency of Cornerstone 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 $ 8.82 or more in 90 days |
| 8.97 | 90 days | 8.82 | over 95.79 |
Based on a normal probability distribution, the odds of Cornerstone Strategic to drop to $ 8.82 or more in 90 days from now is over 95.79 (This Cornerstone Strategic Value probability density function shows the probability of Cornerstone Fund to fall within a particular range of prices over 90 days) . Probability of Cornerstone Strategic price to stay between $ 8.82 and its current price of $8.97 at the end of the 90-day period is about 1.89 .
Considering the 90-day investment horizon Cornerstone Strategic has a beta of 0.57 suggesting as returns on the market go up, Cornerstone Strategic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cornerstone Strategic Value will be expected to be much smaller as well. Additionally Cornerstone Strategic Value has an alpha of 0.2559, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cornerstone Strategic Price Density |
| Price |
Predictive Modules for Cornerstone Strategic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cornerstone Strategic. 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.Cornerstone Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cornerstone Strategic is not an exception. The market had few large corrections towards the Cornerstone Strategic'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 Cornerstone Strategic Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cornerstone Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | 0.28 |
Cornerstone Strategic 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 Cornerstone Strategic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cornerstone Strategic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cornerstone is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Cornerstone Strategic Value Fund, Inc. Announces Name Change - The Manila Times | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Cornerstone Strategic Technical Analysis
Cornerstone Strategic's future price can be derived by breaking down and analyzing its technical indicators over time. Cornerstone Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cornerstone Strategic Value. In general, you should focus on analyzing Cornerstone Fund price patterns and their correlations with different microeconomic environments and drivers.
Cornerstone Strategic Predictive Forecast Models
Cornerstone Strategic's time-series forecasting models is one of many Cornerstone Strategic'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 Cornerstone Strategic'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.
Things to note about Cornerstone Strategic
Checking the ongoing alerts about Cornerstone Strategic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cornerstone Strategic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cornerstone is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Cornerstone Strategic Value Fund, Inc. Announces Name Change - The Manila Times | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Cornerstone Fund
Cornerstone Strategic financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Strategic security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |