Georgia Tax Free Bond Fund Probability of Future Mutual Fund Price Finishing Over 11.03
| GTFBX Fund | USD 11.03 0.01 0.09% |
Georgia |
Georgia Tax-free Target Price Odds to finish over 11.03
The tendency of Georgia 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 above the current price in 90 days |
| 11.03 | 90 days | 11.03 | about 17.31 |
Based on a normal probability distribution, the odds of Georgia Tax-free to move above the current price in 90 days from now is about 17.31 (This Georgia Tax Free Bond probability density function shows the probability of Georgia Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Georgia Tax Free Bond has a beta of -0.1. This usually indicates as returns on the benchmark increase, returns on holding Georgia Tax-free are expected to decrease at a much lower rate. During a bear market, however, Georgia Tax Free Bond is likely to outperform the market. Additionally Georgia Tax Free Bond has an alpha of 0.0164, implying that it can generate a 0.0164 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Georgia Tax-free Price Density |
| Price |
Predictive Modules for Georgia Tax-free
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Georgia Tax Free. 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.Georgia Tax-free Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Georgia Tax-free is not an exception. The market had few large corrections towards the Georgia Tax-free'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 Georgia Tax Free Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Georgia Tax-free within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.41 |
Georgia Tax-free 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 Georgia Tax-free for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Georgia Tax Free 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 generated three year return of 0.0% | |
| Georgia Tax Free retains about 99.46% of its assets under management (AUM) in fixed income securities |
Georgia Tax-free Technical Analysis
Georgia Tax-free's future price can be derived by breaking down and analyzing its technical indicators over time. Georgia Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Georgia Tax Free Bond. In general, you should focus on analyzing Georgia Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Georgia Tax-free Predictive Forecast Models
Georgia Tax-free's time-series forecasting models is one of many Georgia Tax-free'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 Georgia Tax-free'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 Georgia Tax Free
Checking the ongoing alerts about Georgia Tax-free for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Georgia Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of 0.0% | |
| Georgia Tax Free retains about 99.46% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Georgia Mutual Fund
Georgia Tax-free financial ratios help investors to determine whether Georgia 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 Georgia with respect to the benefits of owning Georgia Tax-free security.
| Stocks Directory Find actively traded stocks across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |