Kensington Managed Income Fund Probability of Future Mutual Fund Price Finishing Under 9.71
| KAMCX Fund | USD 9.77 0.01 0.10% |
Kensington |
Kensington Managed Target Price Odds to finish below 9.71
The tendency of Kensington 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 drop to $ 9.71 or more in 90 days |
| 9.77 | 90 days | 9.71 | about 18.65 |
Based on a normal probability distribution, the odds of Kensington Managed to drop to $ 9.71 or more in 90 days from now is about 18.65 (This Kensington Managed Income probability density function shows the probability of Kensington Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Kensington Managed Income price to stay between $ 9.71 and its current price of $9.77 at the end of the 90-day period is about 59.01 .
Assuming the 90 days horizon Kensington Managed has a beta of 0.091. This indicates as returns on the market go up, Kensington Managed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kensington Managed Income will be expected to be much smaller as well. Additionally Kensington Managed Income 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. Kensington Managed Price Density |
| Price |
Predictive Modules for Kensington Managed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kensington Managed Income. 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 Kensington Managed'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.
Kensington Managed Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kensington Managed is not an exception. The market had few large corrections towards the Kensington Managed'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 Kensington Managed Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kensington Managed within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0021 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.73 |
Kensington Managed 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 Kensington Managed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kensington Managed Income 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 -1.0% | |
| Kensington Managed Income maintains about 5.39% of its assets in cash |
Kensington Managed 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 Kensington Mutual Fund often depends not only on the future outlook of the current and potential Kensington Managed'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. Kensington Managed's indicators that are reflective of the short sentiment are summarized in the table below.
Kensington Managed Technical Analysis
Kensington Managed's future price can be derived by breaking down and analyzing its technical indicators over time. Kensington Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kensington Managed Income. In general, you should focus on analyzing Kensington Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Kensington Managed Predictive Forecast Models
Kensington Managed's time-series forecasting models is one of many Kensington Managed'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 Kensington Managed'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 Kensington Managed Income
Checking the ongoing alerts about Kensington Managed for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kensington Managed Income 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 -1.0% | |
| Kensington Managed Income maintains about 5.39% of its assets in cash |
Other Information on Investing in Kensington Mutual Fund
Kensington Managed financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Managed security.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |