SPARTA FIAGRO (Brazil) Probability of Future Fund Price Finishing Under 97.58
| CRAA11 Fund | 97.18 0.50 0.51% |
SPARTA |
SPARTA FIAGRO Target Price Odds to finish below 97.58
The tendency of SPARTA 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 stay under 97.58 after 90 days |
| 97.18 | 90 days | 97.58 | under 4 |
Based on a normal probability distribution, the odds of SPARTA FIAGRO to stay under 97.58 after 90 days from now is under 4 (This SPARTA FIAGRO FDO probability density function shows the probability of SPARTA Fund to fall within a particular range of prices over 90 days) . Probability of SPARTA FIAGRO FDO price to stay between its current price of 97.18 and 97.58 at the end of the 90-day period is about 1.79 .
Assuming the 90 days trading horizon SPARTA FIAGRO has a beta of 0.0761 suggesting as returns on the market go up, SPARTA FIAGRO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPARTA FIAGRO FDO will be expected to be much smaller as well. Additionally SPARTA FIAGRO FDO 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. SPARTA FIAGRO Price Density |
| Price |
Predictive Modules for SPARTA FIAGRO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPARTA FIAGRO FDO. 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.SPARTA FIAGRO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPARTA FIAGRO is not an exception. The market had few large corrections towards the SPARTA FIAGRO'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 SPARTA FIAGRO FDO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPARTA FIAGRO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | -0.22 |
SPARTA FIAGRO 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 SPARTA FIAGRO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPARTA FIAGRO FDO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SPARTA FIAGRO FDO generated a negative expected return over the last 90 days |
SPARTA FIAGRO Technical Analysis
SPARTA FIAGRO's future price can be derived by breaking down and analyzing its technical indicators over time. SPARTA Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPARTA FIAGRO FDO. In general, you should focus on analyzing SPARTA Fund price patterns and their correlations with different microeconomic environments and drivers.
SPARTA FIAGRO Predictive Forecast Models
SPARTA FIAGRO's time-series forecasting models is one of many SPARTA FIAGRO'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 SPARTA FIAGRO'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 SPARTA FIAGRO FDO
Checking the ongoing alerts about SPARTA FIAGRO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPARTA FIAGRO FDO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SPARTA FIAGRO FDO generated a negative expected return over the last 90 days |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets |