Us Targeted Value Fund Probability of Future Mutual Fund Price Finishing Over 36.23
| DFFVX Fund | USD 32.17 0.25 0.77% |
DFFVX |
Us Targeted Target Price Odds to finish over 36.23
The tendency of DFFVX 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 $ 36.23 or more in 90 days |
| 32.17 | 90 days | 36.23 | about 6.73 |
Based on a normal probability distribution, the odds of Us Targeted to move over $ 36.23 or more in 90 days from now is about 6.73 (This Us Targeted Value probability density function shows the probability of DFFVX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Us Targeted Value price to stay between its current price of $ 32.17 and $ 36.23 at the end of the 90-day period is about 87.82 .
Assuming the 90 days horizon Us Targeted has a beta of 0.95 suggesting Us Targeted Value market returns are sensitive to returns on the market. As the market goes up or down, Us Targeted is expected to follow. Additionally Us Targeted 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. Us Targeted Price Density |
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Predictive Modules for Us Targeted
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Us Targeted Value. 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 Us Targeted'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.