Wisdomtree Floating Rate Fund Probability of Future Mutual Fund Price Finishing Over 1.0
| FLTTX Fund | USD 1.01 0.00 0.00% |
Wisdomtree |
Wisdomtree Floating Target Price Odds to finish over 1.0
The tendency of Wisdomtree 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 above $ 1.00 in 90 days |
| 1.01 | 90 days | 1.00 | about 50.0 |
Based on a normal probability distribution, the odds of Wisdomtree Floating to stay above $ 1.00 in 90 days from now is about 50.0 (This Wisdomtree Floating Rate probability density function shows the probability of Wisdomtree Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Wisdomtree Floating Rate price to stay between $ 1.00 and its current price of $1.01 at the end of the 90-day period is about 47.77 .
Assuming the 90 days horizon Wisdomtree Floating has a beta of 0.0172. This usually indicates as returns on the market go up, Wisdomtree Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wisdomtree Floating Rate will be expected to be much smaller as well. Additionally Wisdomtree Floating Rate has an alpha of 0.0031, implying that it can generate a 0.003074 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wisdomtree Floating Price Density |
| Price |
Predictive Modules for Wisdomtree Floating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wisdomtree Floating Rate. 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 Wisdomtree Floating'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.
Wisdomtree Floating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wisdomtree Floating is not an exception. The market had few large corrections towards the Wisdomtree Floating'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 Wisdomtree Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wisdomtree Floating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.94 |
Wisdomtree Floating 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 Wisdomtree Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wisdomtree Floating Rate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wisdomtree Floating has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -2.0% | |
| Wisdomtree Floating Rate retains 97.74% of its assets under management (AUM) in equities |
Wisdomtree Floating Technical Analysis
Wisdomtree Floating's future price can be derived by breaking down and analyzing its technical indicators over time. Wisdomtree Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wisdomtree Floating Rate. In general, you should focus on analyzing Wisdomtree Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Wisdomtree Floating Predictive Forecast Models
Wisdomtree Floating's time-series forecasting models is one of many Wisdomtree Floating'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 Wisdomtree Floating'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 Wisdomtree Floating Rate
Checking the ongoing alerts about Wisdomtree Floating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wisdomtree Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wisdomtree Floating has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -2.0% | |
| Wisdomtree Floating Rate retains 97.74% of its assets under management (AUM) in equities |
Other Information on Investing in Wisdomtree Mutual Fund
Wisdomtree Floating financial ratios help investors to determine whether Wisdomtree 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 Wisdomtree with respect to the benefits of owning Wisdomtree Floating security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |