Nuveen Orado Municipal Fund Probability of Future Mutual Fund Price Finishing Over 10.24
FAFKX Fund | USD 10.22 0.04 0.39% |
Nuveen |
Nuveen Colorado Target Price Odds to finish over 10.24
The tendency of Nuveen 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 $ 10.24 or more in 90 days |
10.22 | 90 days | 10.24 | roughly 2.56 |
Based on a normal probability distribution, the odds of Nuveen Colorado to move over $ 10.24 or more in 90 days from now is roughly 2.56 (This Nuveen Orado Municipal probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nuveen Orado Municipal price to stay between its current price of $ 10.22 and $ 10.24 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Nuveen Orado Municipal has a beta of -0.0963. This usually indicates as returns on the benchmark increase, returns on holding Nuveen Colorado are expected to decrease at a much lower rate. During a bear market, however, Nuveen Orado Municipal is likely to outperform the market. Additionally Nuveen Orado Municipal has an alpha of 0.0148, implying that it can generate a 0.0148 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nuveen Colorado Price Density |
Price |
Predictive Modules for Nuveen Colorado
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen Orado Municipal. 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.Nuveen Colorado Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Colorado is not an exception. The market had few large corrections towards the Nuveen Colorado'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 Nuveen Orado Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Colorado within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.45 |
Nuveen Colorado 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 Nuveen Colorado for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Orado Municipal 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 generated three year return of -1.0% | |
Nuveen Orado Municipal retains most of the assets under management (AUM) in different types of exotic instruments. |
Nuveen Colorado Technical Analysis
Nuveen Colorado's future price can be derived by breaking down and analyzing its technical indicators over time. Nuveen Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen Orado Municipal. In general, you should focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Colorado Predictive Forecast Models
Nuveen Colorado's time-series forecasting models is one of many Nuveen Colorado'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 Nuveen Colorado'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 Nuveen Orado Municipal
Checking the ongoing alerts about Nuveen Colorado for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Orado Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0% | |
Nuveen Orado Municipal retains most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Colorado financial ratios help investors to determine whether Nuveen 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 Nuveen with respect to the benefits of owning Nuveen Colorado security.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Stocks Directory Find actively traded stocks across global markets | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |