Dana Epiphany Esg Fund Probability of Future Mutual Fund Price Finishing Under 16.29
| ESGIX Fund | USD 16.04 0.08 0.50% |
Dana |
Dana Epiphany Target Price Odds to finish below 16.29
The tendency of Dana 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 under $ 16.29 after 90 days |
| 16.04 | 90 days | 16.29 | roughly 96.0 |
Based on a normal probability distribution, the odds of Dana Epiphany to stay under $ 16.29 after 90 days from now is roughly 96.0 (This Dana Epiphany Esg probability density function shows the probability of Dana Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Dana Epiphany Esg price to stay between its current price of $ 16.04 and $ 16.29 at the end of the 90-day period is about 7.66 .
Assuming the 90 days horizon Dana Epiphany has a beta of 0.83 suggesting as returns on the market go up, Dana Epiphany average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dana Epiphany Esg will be expected to be much smaller as well. Additionally Dana Epiphany Esg has an alpha of 0.048, implying that it can generate a 0.048 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dana Epiphany Price Density |
| Price |
Predictive Modules for Dana Epiphany
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dana Epiphany Esg. 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.Dana Epiphany Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dana Epiphany is not an exception. The market had few large corrections towards the Dana Epiphany'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 Dana Epiphany Esg, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dana Epiphany within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | 0.04 |
Dana Epiphany 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 Dana Epiphany for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dana Epiphany Esg 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 retains 97.09% of its assets under management (AUM) in equities |
Dana Epiphany 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 Dana Mutual Fund often depends not only on the future outlook of the current and potential Dana Epiphany'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. Dana Epiphany's indicators that are reflective of the short sentiment are summarized in the table below.
Dana Epiphany Technical Analysis
Dana Epiphany's future price can be derived by breaking down and analyzing its technical indicators over time. Dana Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dana Epiphany Esg. In general, you should focus on analyzing Dana Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Dana Epiphany Predictive Forecast Models
Dana Epiphany's time-series forecasting models is one of many Dana Epiphany'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 Dana Epiphany'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 Dana Epiphany Esg
Checking the ongoing alerts about Dana Epiphany for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dana Epiphany Esg help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains 97.09% of its assets under management (AUM) in equities |
Other Information on Investing in Dana Mutual Fund
Dana Epiphany financial ratios help investors to determine whether Dana 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 Dana with respect to the benefits of owning Dana Epiphany security.
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