Guinness Atkinson Global Fund Probability of Future Mutual Fund Price Finishing Under 24.71
| GAGEX Fund | USD 24.96 0.02 0.08% |
Guinness |
Guinness Atkinson Target Price Odds to finish below 24.71
The tendency of Guinness 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 $ 24.71 or more in 90 days |
| 24.96 | 90 days | 24.71 | about 55.34 |
Based on a normal probability distribution, the odds of Guinness Atkinson to drop to $ 24.71 or more in 90 days from now is about 55.34 (This Guinness Atkinson Global probability density function shows the probability of Guinness Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Guinness Atkinson Global price to stay between $ 24.71 and its current price of $24.96 at the end of the 90-day period is about 15.06 .
Assuming the 90 days horizon Guinness Atkinson Global has a beta of -0.0703. This usually indicates as returns on the benchmark increase, returns on holding Guinness Atkinson are expected to decrease at a much lower rate. During a bear market, however, Guinness Atkinson Global is likely to outperform the market. Additionally Guinness Atkinson Global 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. Guinness Atkinson Price Density |
| Price |
Predictive Modules for Guinness Atkinson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guinness Atkinson Global. 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 Guinness Atkinson'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.
Guinness Atkinson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guinness Atkinson is not an exception. The market had few large corrections towards the Guinness Atkinson'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 Guinness Atkinson Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guinness Atkinson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.13 |
Guinness Atkinson 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 Guinness Atkinson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guinness Atkinson Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guinness Atkinson generated a negative expected return over the last 90 days | |
| The fund generated-6.0 ten year return of -6.0% | |
| Guinness Atkinson Global retains 97.66% of its assets under management (AUM) in equities |
Guinness Atkinson Technical Analysis
Guinness Atkinson's future price can be derived by breaking down and analyzing its technical indicators over time. Guinness Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guinness Atkinson Global. In general, you should focus on analyzing Guinness Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Guinness Atkinson Predictive Forecast Models
Guinness Atkinson's time-series forecasting models is one of many Guinness Atkinson'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 Guinness Atkinson'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 Guinness Atkinson Global
Checking the ongoing alerts about Guinness Atkinson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guinness Atkinson Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guinness Atkinson generated a negative expected return over the last 90 days | |
| The fund generated-6.0 ten year return of -6.0% | |
| Guinness Atkinson Global retains 97.66% of its assets under management (AUM) in equities |
Other Information on Investing in Guinness Mutual Fund
Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
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