The Hillman Fund Probability of Future Etf Price Finishing Over 28.22
| HCMAX Etf | USD 33.75 0.01 0.03% |
THE |
THE HILLMAN Target Price Odds to finish over 28.22
The tendency of THE Etf 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 stay above $ 28.22 in 90 days |
| 33.75 | 90 days | 28.22 | close to 99 |
Based on a normal probability distribution, the odds of THE HILLMAN to stay above $ 28.22 in 90 days from now is close to 99 (This THE HILLMAN FUND probability density function shows the probability of THE Etf to fall within a particular range of prices over 90 days) . Probability of THE HILLMAN FUND price to stay between $ 28.22 and its current price of $33.75 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days horizon THE HILLMAN has a beta of 0.68. This usually indicates as returns on the market go up, THE HILLMAN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding THE HILLMAN FUND will be expected to be much smaller as well. Additionally THE HILLMAN FUND 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. THE HILLMAN Price Density |
| Price |
Predictive Modules for THE HILLMAN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THE HILLMAN FUND. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.THE HILLMAN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. THE HILLMAN is not an exception. The market had few large corrections towards the THE HILLMAN'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 THE HILLMAN FUND, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of THE HILLMAN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.001 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.05 |
THE HILLMAN 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 THE HILLMAN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for THE HILLMAN FUND 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 96.18% of its assets under management (AUM) in equities |
THE HILLMAN Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of THE Etf often depends not only on the future outlook of the current and potential THE HILLMAN's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. THE HILLMAN's indicators that are reflective of the short sentiment are summarized in the table below.
THE HILLMAN Technical Analysis
THE HILLMAN's future price can be derived by breaking down and analyzing its technical indicators over time. THE Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of THE HILLMAN FUND. In general, you should focus on analyzing THE Etf price patterns and their correlations with different microeconomic environments and drivers.
THE HILLMAN Predictive Forecast Models
THE HILLMAN's time-series forecasting models is one of many THE HILLMAN's etf 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 THE HILLMAN'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 etf market movement and maximize returns from investment trading.
Things to note about THE HILLMAN FUND
Checking the ongoing alerts about THE HILLMAN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for THE HILLMAN FUND 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 96.18% of its assets under management (AUM) in equities |
Other Information on Investing in THE Etf
THE HILLMAN financial ratios help investors to determine whether THE Etf 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 THE with respect to the benefits of owning THE HILLMAN security.