Edgar Lomax Value Fund Probability of Future Mutual Fund Price Finishing Over 17.23
| LOMAX Fund | USD 16.44 0.03 0.18% |
Edgar |
Edgar Lomax Target Price Odds to finish over 17.23
The tendency of Edgar 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 $ 17.23 or more in 90 days |
| 16.44 | 90 days | 17.23 | near 1 |
Based on a normal probability distribution, the odds of Edgar Lomax to move over $ 17.23 or more in 90 days from now is near 1 (This Edgar Lomax Value probability density function shows the probability of Edgar Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Edgar Lomax Value price to stay between its current price of $ 16.44 and $ 17.23 at the end of the 90-day period is roughly 2.47 .
Assuming the 90 days horizon Edgar Lomax has a beta of 0.82. This indicates as returns on the market go up, Edgar Lomax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edgar Lomax Value will be expected to be much smaller as well. Additionally Edgar Lomax Value 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. Edgar Lomax Price Density |
| Price |
Predictive Modules for Edgar Lomax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edgar Lomax Value. 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.Edgar Lomax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edgar Lomax is not an exception. The market had few large corrections towards the Edgar Lomax'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 Edgar Lomax Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edgar Lomax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.06 |
Edgar Lomax 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 Edgar Lomax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edgar Lomax Value can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Edgar Lomax Technical Analysis
Edgar Lomax's future price can be derived by breaking down and analyzing its technical indicators over time. Edgar Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edgar Lomax Value. In general, you should focus on analyzing Edgar Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Edgar Lomax Predictive Forecast Models
Edgar Lomax's time-series forecasting models is one of many Edgar Lomax'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 Edgar Lomax'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 Edgar Lomax Value
Checking the ongoing alerts about Edgar Lomax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edgar Lomax Value help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Other Information on Investing in Edgar Mutual Fund
Edgar Lomax financial ratios help investors to determine whether Edgar 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 Edgar with respect to the benefits of owning Edgar Lomax security.
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