Amundi Climate Transition Fund Probability of Future Mutual Fund Price Finishing Over 10.81
| CTBAX Fund | 9.87 0.02 0.20% |
Amundi |
Amundi Climate Target Price Odds to finish over 10.81
The tendency of Amundi 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 move over 10.81 or more in 90 days |
| 9.87 | 90 days | 10.81 | near 1 |
Based on a normal probability distribution, the odds of Amundi Climate to move over 10.81 or more in 90 days from now is near 1 (This Amundi Climate Transition probability density function shows the probability of Amundi Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Amundi Climate Transition price to stay between its current price of 9.87 and 10.81 at the end of the 90-day period is about 53.07 .
Assuming the 90 days horizon Amundi Climate has a beta of 0.0618 suggesting as returns on the market go up, Amundi Climate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amundi Climate Transition will be expected to be much smaller as well. Additionally Amundi Climate Transition 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. Amundi Climate Price Density |
| Price |
Predictive Modules for Amundi Climate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amundi Climate Transition. 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.Amundi Climate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amundi Climate is not an exception. The market had few large corrections towards the Amundi Climate'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 Amundi Climate Transition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amundi Climate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.47 |
Amundi Climate 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 Amundi Climate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amundi Climate Transition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amundi Climate generated a negative expected return over the last 90 days |
Amundi Climate Technical Analysis
Amundi Climate's future price can be derived by breaking down and analyzing its technical indicators over time. Amundi Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amundi Climate Transition. In general, you should focus on analyzing Amundi Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Amundi Climate Predictive Forecast Models
Amundi Climate's time-series forecasting models is one of many Amundi Climate'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 Amundi Climate'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 Amundi Climate Transition
Checking the ongoing alerts about Amundi Climate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amundi Climate Transition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amundi Climate generated a negative expected return over the last 90 days |
Other Information on Investing in Amundi Mutual Fund
Amundi Climate financial ratios help investors to determine whether Amundi 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 Amundi with respect to the benefits of owning Amundi Climate security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |