Kinetics Paradigm Fund Probability of Future Mutual Fund Price Finishing Under 114.9
| KNPAX Fund | USD 184.29 18.25 10.99% |
Kinetics |
Kinetics Paradigm Target Price Odds to finish below 114.9
The tendency of Kinetics 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 $ 114.90 or more in 90 days |
| 184.29 | 90 days | 114.90 | about 38.0 |
Based on a normal probability distribution, the odds of Kinetics Paradigm to drop to $ 114.90 or more in 90 days from now is about 38.0 (This Kinetics Paradigm Fund probability density function shows the probability of Kinetics Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Kinetics Paradigm price to stay between $ 114.90 and its current price of $184.29 at the end of the 90-day period is about 61.76 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.46 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kinetics Paradigm will likely underperform. Additionally Kinetics Paradigm Fund has an alpha of 0.7617, implying that it can generate a 0.76 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kinetics Paradigm Price Density |
| Price |
Predictive Modules for Kinetics Paradigm
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinetics Paradigm. 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.Kinetics Paradigm Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kinetics Paradigm is not an exception. The market had few large corrections towards the Kinetics Paradigm'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 Kinetics Paradigm Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kinetics Paradigm within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.76 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 21.10 | |
Ir | Information ratio | 0.38 |
Kinetics Paradigm 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 Kinetics Paradigm for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kinetics Paradigm can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kinetics is showing solid risk-adjusted performance over 90 days | |
| The fund maintains about 7.89% of its assets in cash |
Kinetics Paradigm Technical Analysis
Kinetics Paradigm's future price can be derived by breaking down and analyzing its technical indicators over time. Kinetics Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kinetics Paradigm Fund. In general, you should focus on analyzing Kinetics Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Kinetics Paradigm Predictive Forecast Models
Kinetics Paradigm's time-series forecasting models is one of many Kinetics Paradigm'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 Kinetics Paradigm'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 Kinetics Paradigm
Checking the ongoing alerts about Kinetics Paradigm for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kinetics Paradigm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kinetics is showing solid risk-adjusted performance over 90 days | |
| The fund maintains about 7.89% of its assets in cash |
Other Information on Investing in Kinetics Mutual Fund
Kinetics Paradigm financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Paradigm security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |