Kayne Anderson Renewable Fund Probability of Future Mutual Fund Price Finishing Over 11.70
| KARRX Fund | USD 9.60 0.07 0.72% |
Kayne |
Kayne Anderson Target Price Odds to finish over 11.70
The tendency of Kayne 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 $ 11.70 or more in 90 days |
| 9.60 | 90 days | 11.70 | close to zero percent |
Based on a normal probability distribution, the odds of Kayne Anderson to move over $ 11.70 or more in 90 days from now is close to zero percent (This Kayne Anderson Renewable probability density function shows the probability of Kayne Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Kayne Anderson Renewable price to stay between its current price of $ 9.60 and $ 11.70 at the end of the 90-day period is about 66.91 .
Assuming the 90 days horizon Kayne Anderson has a beta of 0.16. This indicates as returns on the market go up, Kayne Anderson average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kayne Anderson Renewable will be expected to be much smaller as well. Additionally Kayne Anderson Renewable has an alpha of 0.0404, implying that it can generate a 0.0404 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kayne Anderson Price Density |
| Price |
Predictive Modules for Kayne Anderson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kayne Anderson Renewable. 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.Kayne Anderson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kayne Anderson is not an exception. The market had few large corrections towards the Kayne Anderson'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 Kayne Anderson Renewable, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kayne Anderson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.08 |
Kayne Anderson 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 Kayne Anderson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kayne Anderson Renewable 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 maintains about 45.12% of its assets in cash |
Kayne Anderson Technical Analysis
Kayne Anderson's future price can be derived by breaking down and analyzing its technical indicators over time. Kayne Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kayne Anderson Renewable. In general, you should focus on analyzing Kayne Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Kayne Anderson Predictive Forecast Models
Kayne Anderson's time-series forecasting models is one of many Kayne Anderson'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 Kayne Anderson'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 Kayne Anderson Renewable
Checking the ongoing alerts about Kayne Anderson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kayne Anderson Renewable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 45.12% of its assets in cash |
Other Information on Investing in Kayne Mutual Fund
Kayne Anderson financial ratios help investors to determine whether Kayne 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 Kayne with respect to the benefits of owning Kayne Anderson security.
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