Transportation Portfolio Transportation Fund Probability of Future Mutual Fund Price Finishing Under 114.69
| FSRFX Fund | USD 119.21 2.56 2.10% |
Transportation |
Transportation Portfolio Target Price Odds to finish below 114.69
The tendency of Transportation 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 $ 114.69 or more in 90 days |
| 119.21 | 90 days | 114.69 | about 71.71 |
Based on a normal probability distribution, the odds of Transportation Portfolio to drop to $ 114.69 or more in 90 days from now is about 71.71 (This Transportation Portfolio Transportation probability density function shows the probability of Transportation Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Transportation Portfolio price to stay between $ 114.69 and its current price of $119.21 at the end of the 90-day period is about 23.98 .
Assuming the 90 days horizon Transportation Portfolio Transportation has a beta of -0.0316. This usually indicates as returns on the benchmark increase, returns on holding Transportation Portfolio are expected to decrease at a much lower rate. During a bear market, however, Transportation Portfolio Transportation is likely to outperform the market. Additionally Transportation Portfolio Transportation has an alpha of 0.1738, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Transportation Portfolio Price Density |
| Price |
Predictive Modules for Transportation 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 Transportation 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.Transportation Portfolio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transportation Portfolio is not an exception. The market had few large corrections towards the Transportation 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 Transportation Portfolio Transportation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transportation Portfolio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 3.88 | |
Ir | Information ratio | 0.05 |
Transportation 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 Transportation Portfolio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transportation 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 97.41% of its assets under management (AUM) in equities |
Transportation Portfolio Technical Analysis
Transportation Portfolio's future price can be derived by breaking down and analyzing its technical indicators over time. Transportation Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transportation Portfolio Transportation. In general, you should focus on analyzing Transportation Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Transportation Portfolio Predictive Forecast Models
Transportation Portfolio's time-series forecasting models is one of many Transportation 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 Transportation 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 Transportation Portfolio
Checking the ongoing alerts about Transportation Portfolio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transportation 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 97.41% of its assets under management (AUM) in equities |
Other Information on Investing in Transportation Mutual Fund
Transportation Portfolio financial ratios help investors to determine whether Transportation 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 Transportation with respect to the benefits of owning Transportation Portfolio security.
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