Floating Rate Fund Probability of Future Mutual Fund Price Finishing Over 8.2
| LRRVX Fund | USD 8.18 0.01 0.12% |
Floating |
Floating Rate Target Price Odds to finish over 8.2
The tendency of Floating 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 $ 8.20 or more in 90 days |
| 8.18 | 90 days | 8.20 | nearly 4.7 |
Based on a normal probability distribution, the odds of Floating Rate to move over $ 8.20 or more in 90 days from now is nearly 4.7 (This Floating Rate Fund probability density function shows the probability of Floating Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Floating Rate price to stay between its current price of $ 8.18 and $ 8.20 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Floating Rate Fund has a beta of -0.0066. This indicates as returns on the benchmark increase, returns on holding Floating Rate are expected to decrease at a much lower rate. During a bear market, however, Floating Rate Fund is likely to outperform the market. Additionally Floating Rate Fund has an alpha of 0.0283, implying that it can generate a 0.0283 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Floating Rate Price Density |
| Price |
Predictive Modules for Floating Rate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Floating Rate. 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 Floating Rate'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.
Floating Rate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Floating Rate is not an exception. The market had few large corrections towards the Floating Rate'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 Floating Rate Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Floating Rate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.0066 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.52 |
Floating Rate 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 Floating Rate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Floating Rate 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 8.8% of its assets in cash |
Floating Rate Technical Analysis
Floating Rate's future price can be derived by breaking down and analyzing its technical indicators over time. Floating Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Floating Rate Fund. In general, you should focus on analyzing Floating Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Floating Rate Predictive Forecast Models
Floating Rate's time-series forecasting models is one of many Floating Rate'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 Floating Rate'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 Floating Rate
Checking the ongoing alerts about Floating Rate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Floating Rate 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 8.8% of its assets in cash |
Other Information on Investing in Floating Mutual Fund
Floating Rate financial ratios help investors to determine whether Floating 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 Floating with respect to the benefits of owning Floating Rate security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |