Cornercap Small Cap Value Fund Probability of Future Mutual Fund Price Finishing Over 1.95
| CSCVX Fund | USD 16.43 0.03 0.18% |
Cornercap |
Cornercap Small Target Price Odds to finish over 1.95
The tendency of Cornercap 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 stay above $ 1.95 in 90 days |
| 16.43 | 90 days | 1.95 | close to 99 |
Based on a normal probability distribution, the odds of Cornercap Small to stay above $ 1.95 in 90 days from now is close to 99 (This Cornercap Small Cap Value probability density function shows the probability of Cornercap Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Cornercap Small Cap price to stay between $ 1.95 and its current price of $16.43 at the end of the 90-day period is roughly 97.0 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.33 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cornercap Small will likely underperform. Additionally Cornercap Small Cap Value 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. Cornercap Small Price Density |
| Price |
Predictive Modules for Cornercap Small
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cornercap Small Cap. 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 Cornercap Small'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.
Cornercap Small Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cornercap Small is not an exception. The market had few large corrections towards the Cornercap Small'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 Cornercap Small Cap Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cornercap Small within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.33 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.02 |
Cornercap Small 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 Cornercap Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cornercap Small Cap 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 all of its assets under management (AUM) in equities |
Cornercap Small 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 Cornercap Mutual Fund often depends not only on the future outlook of the current and potential Cornercap Small'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. Cornercap Small's indicators that are reflective of the short sentiment are summarized in the table below.
Cornercap Small Technical Analysis
Cornercap Small's future price can be derived by breaking down and analyzing its technical indicators over time. Cornercap Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cornercap Small Cap Value. In general, you should focus on analyzing Cornercap Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Cornercap Small Predictive Forecast Models
Cornercap Small's time-series forecasting models is one of many Cornercap Small'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 Cornercap Small'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 Cornercap Small Cap
Checking the ongoing alerts about Cornercap Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cornercap Small Cap 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 all of its assets under management (AUM) in equities |
Other Information on Investing in Cornercap Mutual Fund
Cornercap Small financial ratios help investors to determine whether Cornercap 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 Cornercap with respect to the benefits of owning Cornercap Small security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |