Goodhaven Fund Goodhaven Fund Probability of Future Mutual Fund Price Finishing Under 51.45
| GOODX Fund | USD 52.09 0.06 0.12% |
Goodhaven |
Goodhaven Fund Target Price Odds to finish below 51.45
The tendency of Goodhaven 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 $ 51.45 or more in 90 days |
| 52.09 | 90 days | 51.45 | about 64.9 |
Based on a normal probability distribution, the odds of Goodhaven Fund to drop to $ 51.45 or more in 90 days from now is about 64.9 (This Goodhaven Fund Goodhaven probability density function shows the probability of Goodhaven Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Goodhaven Fund Goodhaven price to stay between $ 51.45 and its current price of $52.09 at the end of the 90-day period is about 17.7 .
Assuming the 90 days horizon Goodhaven Fund has a beta of 0.0411. This usually indicates as returns on the market go up, Goodhaven Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Goodhaven Fund Goodhaven will be expected to be much smaller as well. Additionally Goodhaven Fund Goodhaven has an alpha of 0.0874, implying that it can generate a 0.0874 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Goodhaven Fund Price Density |
| Price |
Predictive Modules for Goodhaven Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goodhaven Fund Goodhaven. 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 Goodhaven Fund'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.
Goodhaven Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Goodhaven Fund is not an exception. The market had few large corrections towards the Goodhaven Fund'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 Goodhaven Fund Goodhaven, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Goodhaven Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.04 |
Goodhaven Fund 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 Goodhaven Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goodhaven Fund Goodhaven can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Keefe, Bruyette Woods Downgrades Federal National Mortgage Association - Preferred Stock - MSN | |
| The fund retains about 10.78% of its assets under management (AUM) in cash |
Goodhaven Fund Technical Analysis
Goodhaven Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Goodhaven Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Goodhaven Fund Goodhaven. In general, you should focus on analyzing Goodhaven Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Goodhaven Fund Predictive Forecast Models
Goodhaven Fund's time-series forecasting models is one of many Goodhaven Fund'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 Goodhaven Fund'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 Goodhaven Fund Goodhaven
Checking the ongoing alerts about Goodhaven Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Goodhaven Fund Goodhaven help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Keefe, Bruyette Woods Downgrades Federal National Mortgage Association - Preferred Stock - MSN | |
| The fund retains about 10.78% of its assets under management (AUM) in cash |
Other Information on Investing in Goodhaven Mutual Fund
Goodhaven Fund financial ratios help investors to determine whether Goodhaven 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 Goodhaven with respect to the benefits of owning Goodhaven Fund security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |