Guinness Atkinson Asia Fund Probability of Future Mutual Fund Price Finishing Over 21.44
| IASMX Fund | USD 15.02 0.21 1.42% |
Guinness |
Guinness Atkinson Target Price Odds to finish over 21.44
The tendency of Guinness 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 $ 21.44 or more in 90 days |
| 15.02 | 90 days | 21.44 | near 1 |
Based on a normal probability distribution, the odds of Guinness Atkinson to move over $ 21.44 or more in 90 days from now is near 1 (This Guinness Atkinson Asia probability density function shows the probability of Guinness Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Guinness Atkinson Asia price to stay between its current price of $ 15.02 and $ 21.44 at the end of the 90-day period is about 55.17 .
Assuming the 90 days horizon Guinness Atkinson Asia has a beta of -0.26. This usually indicates as returns on the benchmark increase, returns on holding Guinness Atkinson are expected to decrease at a much lower rate. During a bear market, however, Guinness Atkinson Asia is likely to outperform the market. Additionally Guinness Atkinson Asia has an alpha of 0.0833, implying that it can generate a 0.0833 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guinness Atkinson Price Density |
| Price |
Predictive Modules for Guinness Atkinson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guinness Atkinson Asia. 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.Guinness Atkinson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guinness Atkinson is not an exception. The market had few large corrections towards the Guinness Atkinson'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 Guinness Atkinson Asia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guinness Atkinson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.04 |
Guinness Atkinson 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 Guinness Atkinson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guinness Atkinson Asia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guinness Atkinson Asia generated five year return of -1.0% | |
| This fund retains 99.64% of its assets under management (AUM) in equities |
Guinness Atkinson Technical Analysis
Guinness Atkinson's future price can be derived by breaking down and analyzing its technical indicators over time. Guinness Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guinness Atkinson Asia. In general, you should focus on analyzing Guinness Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Guinness Atkinson Predictive Forecast Models
Guinness Atkinson's time-series forecasting models is one of many Guinness Atkinson'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 Guinness Atkinson'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 Guinness Atkinson Asia
Checking the ongoing alerts about Guinness Atkinson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guinness Atkinson Asia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guinness Atkinson Asia generated five year return of -1.0% | |
| This fund retains 99.64% of its assets under management (AUM) in equities |
Other Information on Investing in Guinness Mutual Fund
Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
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