Grandeur Peak Emerging Fund Probability of Future Mutual Fund Price Finishing Over 14.25
| GPEOX Fund | USD 12.02 0.05 0.41% |
Grandeur |
Grandeur Peak Target Price Odds to finish over 14.25
The tendency of Grandeur 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 move over $ 14.25 or more in 90 days |
| 12.02 | 90 days | 14.25 | near 1 |
Based on a normal probability distribution, the odds of Grandeur Peak to move over $ 14.25 or more in 90 days from now is near 1 (This Grandeur Peak Emerging probability density function shows the probability of Grandeur Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Grandeur Peak Emerging price to stay between its current price of $ 12.02 and $ 14.25 at the end of the 90-day period is about 98.0 .
Assuming the 90 days horizon Grandeur Peak has a beta of 0.28. This usually indicates as returns on the market go up, Grandeur Peak average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grandeur Peak Emerging will be expected to be much smaller as well. Additionally Grandeur Peak Emerging 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. Grandeur Peak Price Density |
| Price |
Predictive Modules for Grandeur Peak
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grandeur Peak Emerging. 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.Grandeur Peak Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grandeur Peak is not an exception. The market had few large corrections towards the Grandeur Peak'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 Grandeur Peak Emerging, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grandeur Peak within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.31 |
Grandeur Peak 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 Grandeur Peak for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grandeur Peak Emerging can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grandeur Peak generated a negative expected return over the last 90 days | |
| The fund generated three year return of -9.0% | |
| Grandeur Peak Emerging retains 95.4% of its assets under management (AUM) in equities |
Grandeur Peak Technical Analysis
Grandeur Peak's future price can be derived by breaking down and analyzing its technical indicators over time. Grandeur Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grandeur Peak Emerging. In general, you should focus on analyzing Grandeur Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Grandeur Peak Predictive Forecast Models
Grandeur Peak's time-series forecasting models is one of many Grandeur Peak'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 Grandeur Peak'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 Grandeur Peak Emerging
Checking the ongoing alerts about Grandeur Peak for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grandeur Peak Emerging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grandeur Peak generated a negative expected return over the last 90 days | |
| The fund generated three year return of -9.0% | |
| Grandeur Peak Emerging retains 95.4% of its assets under management (AUM) in equities |
Other Information on Investing in Grandeur Mutual Fund
Grandeur Peak financial ratios help investors to determine whether Grandeur 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 Grandeur with respect to the benefits of owning Grandeur Peak security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |