Hcm Income Plus Fund Probability of Future Mutual Fund Price Finishing Over 17.7
| HCMKX Fund | USD 17.70 0.03 0.17% |
Hcm |
Hcm Income Target Price Odds to finish over 17.7
The tendency of Hcm 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 |
| 17.70 | 90 days | 17.70 | about 9.82 |
Based on a normal probability distribution, the odds of Hcm Income to move above the current price in 90 days from now is about 9.82 (This Hcm Income Plus probability density function shows the probability of Hcm Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hcm Income has a beta of 0.86. This usually indicates Hcm Income Plus market returns are sensitive to returns on the market. As the market goes up or down, Hcm Income is expected to follow. Additionally Hcm Income Plus 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. Hcm Income Price Density |
| Price |
Predictive Modules for Hcm Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hcm Income Plus. 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.Hcm Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hcm Income is not an exception. The market had few large corrections towards the Hcm Income'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 Hcm Income Plus, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hcm Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0046 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.02 |
Hcm Income 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 Hcm Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hcm Income Plus 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 about 46.99% of its assets under management (AUM) in cash |
Hcm Income 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 Hcm Mutual Fund often depends not only on the future outlook of the current and potential Hcm Income'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. Hcm Income's indicators that are reflective of the short sentiment are summarized in the table below.
Hcm Income Technical Analysis
Hcm Income's future price can be derived by breaking down and analyzing its technical indicators over time. Hcm Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hcm Income Plus. In general, you should focus on analyzing Hcm Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Hcm Income Predictive Forecast Models
Hcm Income's time-series forecasting models is one of many Hcm Income'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 Hcm Income'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 Hcm Income Plus
Checking the ongoing alerts about Hcm Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hcm Income Plus 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 about 46.99% of its assets under management (AUM) in cash |
Other Information on Investing in Hcm Mutual Fund
Hcm Income financial ratios help investors to determine whether Hcm 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 Hcm with respect to the benefits of owning Hcm Income security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |