Congress Mid Cap Fund Probability of Future Mutual Fund Price Finishing Over 26.13
| IMIDX Fund | USD 27.19 0.37 1.38% |
Congress |
Congress Mid Target Price Odds to finish over 26.13
The tendency of Congress 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 stay above $ 26.13 in 90 days |
| 27.19 | 90 days | 26.13 | about 42.31 |
Based on a normal probability distribution, the odds of Congress Mid to stay above $ 26.13 in 90 days from now is about 42.31 (This Congress Mid Cap probability density function shows the probability of Congress Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Congress Mid Cap price to stay between $ 26.13 and its current price of $27.19 at the end of the 90-day period is about 38.52 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.12 . This usually indicates Congress Mid Cap market returns are sensitive to returns on the market. As the market goes up or down, Congress Mid is expected to follow. Additionally Congress Mid Cap 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. Congress Mid Price Density |
| Price |
Predictive Modules for Congress Mid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Congress Mid Cap. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Congress Mid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Congress Mid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Congress Mid is not an exception. The market had few large corrections towards the Congress Mid'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 Congress Mid Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Congress Mid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.03 |
Congress Mid 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 Congress Mid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Congress Mid Cap 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 -4.0% | |
| Congress Mid Cap retains 99.31% of its assets under management (AUM) in equities |
Congress Mid Technical Analysis
Congress Mid's future price can be derived by breaking down and analyzing its technical indicators over time. Congress Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Congress Mid Cap. In general, you should focus on analyzing Congress Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Congress Mid Predictive Forecast Models
Congress Mid's time-series forecasting models is one of many Congress Mid'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 Congress Mid'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 Congress Mid Cap
Checking the ongoing alerts about Congress Mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Congress Mid Cap 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 -4.0% | |
| Congress Mid Cap retains 99.31% of its assets under management (AUM) in equities |
Other Information on Investing in Congress Mutual Fund
Congress Mid financial ratios help investors to determine whether Congress 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 Congress with respect to the benefits of owning Congress Mid security.
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