Technology Portfolio Technology Fund Probability of Future Mutual Fund Price Finishing Over 37.74
| FSPTX Fund | USD 37.87 0.48 1.25% |
Technology |
Technology Portfolio Target Price Odds to finish over 37.74
The tendency of Technology 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 $ 37.74 in 90 days |
| 37.87 | 90 days | 37.74 | about 12.14 |
Based on a normal probability distribution, the odds of Technology Portfolio to stay above $ 37.74 in 90 days from now is about 12.14 (This Technology Portfolio Technology probability density function shows the probability of Technology Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Technology Portfolio price to stay between $ 37.74 and its current price of $37.87 at the end of the 90-day period is about 1.67 .
Assuming the 90 days horizon Technology Portfolio Technology has a beta of -0.0802. This usually indicates as returns on the benchmark increase, returns on holding Technology Portfolio are expected to decrease at a much lower rate. During a bear market, however, Technology Portfolio Technology is likely to outperform the market. Additionally Technology Portfolio Technology has an alpha of 0.0965, implying that it can generate a 0.0965 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Technology Portfolio Price Density |
| Price |
Predictive Modules for Technology Portfolio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Technology Portfolio. 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 Technology Portfolio'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.
Technology Portfolio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Technology Portfolio is not an exception. The market had few large corrections towards the Technology Portfolio'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 Technology Portfolio Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Technology Portfolio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | -0.0074 |
Technology Portfolio 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 Technology Portfolio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Technology Portfolio 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 97.25% of its assets under management (AUM) in equities |
Technology Portfolio Technical Analysis
Technology Portfolio's future price can be derived by breaking down and analyzing its technical indicators over time. Technology Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Technology Portfolio Technology. In general, you should focus on analyzing Technology Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Technology Portfolio Predictive Forecast Models
Technology Portfolio's time-series forecasting models is one of many Technology Portfolio'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 Technology Portfolio'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 Technology Portfolio
Checking the ongoing alerts about Technology Portfolio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Technology Portfolio 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 97.25% of its assets under management (AUM) in equities |
Other Information on Investing in Technology Mutual Fund
Technology Portfolio financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Portfolio security.
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