Mirova Global Sustainable Fund Probability of Future Mutual Fund Price Finishing Under 19.61
| ESGYX Fund | USD 21.23 0.14 0.66% |
Mirova |
Mirova Global Target Price Odds to finish below 19.61
The tendency of Mirova 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 $ 19.61 or more in 90 days |
| 21.23 | 90 days | 19.61 | near 1 |
Based on a normal probability distribution, the odds of Mirova Global to drop to $ 19.61 or more in 90 days from now is near 1 (This Mirova Global Sustainable probability density function shows the probability of Mirova Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mirova Global Sustainable price to stay between $ 19.61 and its current price of $21.23 at the end of the 90-day period is about 29.74 .
Assuming the 90 days horizon Mirova Global has a beta of 0.47 suggesting as returns on the market go up, Mirova Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mirova Global Sustainable will be expected to be much smaller as well. Additionally Mirova Global Sustainable 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. Mirova Global Price Density |
| Price |
Predictive Modules for Mirova Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mirova Global Sustainable. 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 Mirova Global'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.
Mirova Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mirova Global is not an exception. The market had few large corrections towards the Mirova Global'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 Mirova Global Sustainable, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mirova Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.17 |
Mirova Global 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 Mirova Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mirova Global Sustainable can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mirova Global generated a negative expected return over the last 90 days | |
| The fund retains 97.34% of its assets under management (AUM) in equities |
Mirova Global Technical Analysis
Mirova Global's future price can be derived by breaking down and analyzing its technical indicators over time. Mirova Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mirova Global Sustainable. In general, you should focus on analyzing Mirova Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mirova Global Predictive Forecast Models
Mirova Global's time-series forecasting models is one of many Mirova Global'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 Mirova Global'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 Mirova Global Sustainable
Checking the ongoing alerts about Mirova Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mirova Global Sustainable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mirova Global generated a negative expected return over the last 90 days | |
| The fund retains 97.34% of its assets under management (AUM) in equities |
Other Information on Investing in Mirova Mutual Fund
Mirova Global financial ratios help investors to determine whether Mirova 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 Mirova with respect to the benefits of owning Mirova Global security.
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