Luggo Fundo (Brazil) Probability of Future Fund Price Finishing Over 82.83
| LUGG11 Fund | BRL 67.79 1.10 1.60% |
Luggo |
Luggo Fundo Target Price Odds to finish over 82.83
The tendency of Luggo 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 R$ 82.83 or more in 90 days |
| 67.79 | 90 days | 82.83 | near 1 |
Based on a normal probability distribution, the odds of Luggo Fundo to move over R$ 82.83 or more in 90 days from now is near 1 (This Luggo Fundo De probability density function shows the probability of Luggo Fund to fall within a particular range of prices over 90 days) . Probability of Luggo Fundo De price to stay between its current price of R$ 67.79 and R$ 82.83 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Luggo Fundo has a beta of 0.045. This indicates as returns on the market go up, Luggo Fundo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Luggo Fundo De will be expected to be much smaller as well. Additionally Luggo Fundo De 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. Luggo Fundo Price Density |
| Price |
Predictive Modules for Luggo Fundo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luggo Fundo De. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Luggo Fundo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Luggo Fundo is not an exception. The market had few large corrections towards the Luggo Fundo'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 Luggo Fundo De, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Luggo Fundo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.64 | |
Ir | Information ratio | -0.31 |
Luggo Fundo 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 Luggo Fundo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Luggo Fundo De can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Luggo Fundo De generated a negative expected return over the last 90 days |
Luggo Fundo Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Luggo Fund often depends not only on the future outlook of the current and potential Luggo Fundo's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Luggo Fundo's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 186 | |
| Average Daily Volume In Three Month | 646 |
Luggo Fundo Technical Analysis
Luggo Fundo's future price can be derived by breaking down and analyzing its technical indicators over time. Luggo Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luggo Fundo De. In general, you should focus on analyzing Luggo Fund price patterns and their correlations with different microeconomic environments and drivers.
Luggo Fundo Predictive Forecast Models
Luggo Fundo's time-series forecasting models is one of many Luggo Fundo's 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 Luggo Fundo'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 fund market movement and maximize returns from investment trading.
Things to note about Luggo Fundo De
Checking the ongoing alerts about Luggo Fundo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Luggo Fundo De help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Luggo Fundo De generated a negative expected return over the last 90 days |
Other Information on Investing in Luggo Fund
Luggo Fundo financial ratios help investors to determine whether Luggo 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 Luggo with respect to the benefits of owning Luggo Fundo security.
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