Kopernik International Fund Probability of Future Mutual Fund Price Finishing Over 14.78
| KGIIX Fund | USD 14.03 0.05 0.36% |
Kopernik |
Kopernik International Target Price Odds to finish over 14.78
The tendency of Kopernik 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 $ 14.78 or more in 90 days |
| 14.03 | 90 days | 14.78 | under 4 |
Based on a normal probability distribution, the odds of Kopernik International to move over $ 14.78 or more in 90 days from now is under 4 (This Kopernik International Fund probability density function shows the probability of Kopernik Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Kopernik International price to stay between its current price of $ 14.03 and $ 14.78 at the end of the 90-day period is about 77.0 .
Assuming the 90 days horizon Kopernik International has a beta of 0.12. This indicates as returns on the market go up, Kopernik International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kopernik International Fund will be expected to be much smaller as well. Additionally Kopernik International Fund 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. Kopernik International Price Density |
| Price |
Predictive Modules for Kopernik International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kopernik International. 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.Kopernik International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kopernik International is not an exception. The market had few large corrections towards the Kopernik International'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 Kopernik International Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kopernik International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.17 |
Kopernik International 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 Kopernik International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kopernik International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kopernik International generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Kopernik International maintains about 17.93% of its assets in cash |
Kopernik International Technical Analysis
Kopernik International's future price can be derived by breaking down and analyzing its technical indicators over time. Kopernik Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kopernik International Fund. In general, you should focus on analyzing Kopernik Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Kopernik International Predictive Forecast Models
Kopernik International's time-series forecasting models is one of many Kopernik International'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 Kopernik International'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 Kopernik International
Checking the ongoing alerts about Kopernik International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kopernik International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kopernik International generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Kopernik International maintains about 17.93% of its assets in cash |
Other Information on Investing in Kopernik Mutual Fund
Kopernik International financial ratios help investors to determine whether Kopernik 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 Kopernik with respect to the benefits of owning Kopernik International security.
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