Community Reinvestment Act Fund Probability of Future Mutual Fund Price Finishing Under 9.22
| CRANX Fund | USD 9.45 0.01 0.11% |
Community |
Community Reinvestment Target Price Odds to finish below 9.22
The tendency of Community 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 $ 9.22 or more in 90 days |
| 9.45 | 90 days | 9.22 | near 1 |
Based on a normal probability distribution, the odds of Community Reinvestment to drop to $ 9.22 or more in 90 days from now is near 1 (This Community Reinvestment Act probability density function shows the probability of Community Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Community Reinvestment price to stay between $ 9.22 and its current price of $9.45 at the end of the 90-day period is about 26.42 .
Assuming the 90 days horizon Community Reinvestment Act has a beta of -0.0408 suggesting as returns on the benchmark increase, returns on holding Community Reinvestment are expected to decrease at a much lower rate. During a bear market, however, Community Reinvestment Act is likely to outperform the market. Additionally Community Reinvestment Act 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. Community Reinvestment Price Density |
| Price |
Predictive Modules for Community Reinvestment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Community Reinvestment. 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.Community Reinvestment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Community Reinvestment is not an exception. The market had few large corrections towards the Community Reinvestment'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 Community Reinvestment Act, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Community Reinvestment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.58 |
Community Reinvestment 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 Community Reinvestment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Community Reinvestment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Community Reinvestment generated a negative expected return over the last 90 days | |
| Community Reinvestment generated five year return of 0.0% | |
| This fund holds about 6.06% of its assets under management (AUM) in cash |
Community Reinvestment 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 Community Mutual Fund often depends not only on the future outlook of the current and potential Community Reinvestment'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. Community Reinvestment's indicators that are reflective of the short sentiment are summarized in the table below.
Community Reinvestment Technical Analysis
Community Reinvestment's future price can be derived by breaking down and analyzing its technical indicators over time. Community Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Community Reinvestment Act. In general, you should focus on analyzing Community Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Community Reinvestment Predictive Forecast Models
Community Reinvestment's time-series forecasting models is one of many Community Reinvestment'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 Community Reinvestment'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 Community Reinvestment
Checking the ongoing alerts about Community Reinvestment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Community Reinvestment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Community Reinvestment generated a negative expected return over the last 90 days | |
| Community Reinvestment generated five year return of 0.0% | |
| This fund holds about 6.06% of its assets under management (AUM) in cash |
Other Information on Investing in Community Mutual Fund
Community Reinvestment financial ratios help investors to determine whether Community 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 Community with respect to the benefits of owning Community Reinvestment security.
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