IRIDIUM FUNDO (Brazil) Probability of Future Fund Price Finishing Over 65.62
| IRIM11 Fund | 67.45 0.36 0.53% |
IRIDIUM |
IRIDIUM FUNDO Target Price Odds to finish over 65.62
The tendency of IRIDIUM 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 65.62 in 90 days |
| 67.45 | 90 days | 65.62 | more than 94.0 |
Based on a normal probability distribution, the odds of IRIDIUM FUNDO to stay above 65.62 in 90 days from now is more than 94.0 (This IRIDIUM FUNDO DE probability density function shows the probability of IRIDIUM Fund to fall within a particular range of prices over 90 days) . Probability of IRIDIUM FUNDO DE price to stay between 65.62 and its current price of 67.45 at the end of the 90-day period is about 12.9 .
Assuming the 90 days trading horizon IRIDIUM FUNDO has a beta of 0.16. This usually indicates as returns on the market go up, IRIDIUM FUNDO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IRIDIUM FUNDO DE will be expected to be much smaller as well. Additionally IRIDIUM FUNDO DE 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. IRIDIUM FUNDO Price Density |
| Price |
Predictive Modules for IRIDIUM FUNDO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IRIDIUM FUNDO DE. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.IRIDIUM FUNDO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IRIDIUM FUNDO is not an exception. The market had few large corrections towards the IRIDIUM FUNDO'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 IRIDIUM FUNDO DE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IRIDIUM FUNDO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 2.73 | |
Ir | Information ratio | -0.24 |
IRIDIUM FUNDO 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 IRIDIUM FUNDO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IRIDIUM FUNDO DE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IRIDIUM FUNDO DE generated a negative expected return over the last 90 days |
IRIDIUM FUNDO Technical Analysis
IRIDIUM FUNDO's future price can be derived by breaking down and analyzing its technical indicators over time. IRIDIUM Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IRIDIUM FUNDO DE. In general, you should focus on analyzing IRIDIUM Fund price patterns and their correlations with different microeconomic environments and drivers.
IRIDIUM FUNDO Predictive Forecast Models
IRIDIUM FUNDO's time-series forecasting models is one of many IRIDIUM FUNDO's 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 IRIDIUM FUNDO'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 fund market movement and maximize returns from investment trading.
Things to note about IRIDIUM FUNDO DE
Checking the ongoing alerts about IRIDIUM FUNDO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IRIDIUM FUNDO DE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IRIDIUM FUNDO DE generated a negative expected return over the last 90 days |
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