Jft Strategies Fund Probability of Future Fund Price Finishing Over 24.5
| JFS-UN Fund | CAD 24.53 0.02 0.08% |
JFT |
JFT Strategies Target Price Odds to finish over 24.5
The tendency of JFT 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 C$ 24.50 in 90 days |
| 24.53 | 90 days | 24.50 | about 99.0 |
Based on a normal probability distribution, the odds of JFT Strategies to stay above C$ 24.50 in 90 days from now is about 99.0 (This JFT Strategies probability density function shows the probability of JFT Fund to fall within a particular range of prices over 90 days) . Probability of JFT Strategies price to stay between C$ 24.50 and its current price of C$24.53 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon JFT Strategies has a beta of 0.25. This indicates as returns on the market go up, JFT Strategies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JFT Strategies will be expected to be much smaller as well. Additionally JFT Strategies 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. JFT Strategies Price Density |
| Price |
Predictive Modules for JFT Strategies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JFT Strategies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JFT Strategies' 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.
JFT Strategies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JFT Strategies is not an exception. The market had few large corrections towards the JFT Strategies' 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 JFT Strategies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JFT Strategies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.22 |
JFT Strategies 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 JFT Strategies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JFT Strategies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JFT Strategies generated a negative expected return over the last 90 days |
JFT Strategies Technical Analysis
JFT Strategies' future price can be derived by breaking down and analyzing its technical indicators over time. JFT Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JFT Strategies. In general, you should focus on analyzing JFT Fund price patterns and their correlations with different microeconomic environments and drivers.
JFT Strategies Predictive Forecast Models
JFT Strategies' time-series forecasting models is one of many JFT Strategies' 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 JFT Strategies' 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 JFT Strategies
Checking the ongoing alerts about JFT Strategies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JFT Strategies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JFT Strategies generated a negative expected return over the last 90 days |
Other Information on Investing in JFT Fund
JFT Strategies financial ratios help investors to determine whether JFT 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 JFT with respect to the benefits of owning JFT Strategies security.
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