Bny Mellon Focused Probability of Future Mutual Fund Price Finishing Over 14.23
| MFOIXDelisted Fund | USD 14.37 0.00 0.00% |
Bny |
Bny Mellon Target Price Odds to finish over 14.23
The tendency of Bny 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 stay above $ 14.23 in 90 days |
| 14.37 | 90 days | 14.23 | about 10.92 |
Based on a normal probability distribution, the odds of Bny Mellon to stay above $ 14.23 in 90 days from now is about 10.92 (This Bny Mellon Focused probability density function shows the probability of Bny Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Bny Mellon Focused price to stay between $ 14.23 and its current price of $14.37 at the end of the 90-day period is about 7.08 .
Assuming the 90 days horizon Bny Mellon Focused has a beta of -0.0879. This indicates as returns on the benchmark increase, returns on holding Bny Mellon are expected to decrease at a much lower rate. During a bear market, however, Bny Mellon Focused is likely to outperform the market. Additionally Bny Mellon Focused has an alpha of 0.0641, implying that it can generate a 0.0641 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bny Mellon Price Density |
| Price |
Predictive Modules for Bny Mellon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bny Mellon Focused. 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.Bny Mellon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bny Mellon is not an exception. The market had few large corrections towards the Bny Mellon'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 Bny Mellon Focused, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bny Mellon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.1 |
Bny Mellon 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 Bny Mellon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bny Mellon Focused can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bny Mellon Focused is not yet fully synchronised with the market data | |
| Bny Mellon Focused has a very high chance of going through financial distress in the upcoming years | |
| The fund maintains all of its assets in stocks |
Bny Mellon Technical Analysis
Bny Mellon's future price can be derived by breaking down and analyzing its technical indicators over time. Bny Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bny Mellon Focused. In general, you should focus on analyzing Bny Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Bny Mellon Predictive Forecast Models
Bny Mellon's time-series forecasting models is one of many Bny Mellon'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 Bny Mellon'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 Bny Mellon Focused
Checking the ongoing alerts about Bny Mellon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bny Mellon Focused help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bny Mellon Focused is not yet fully synchronised with the market data | |
| Bny Mellon Focused has a very high chance of going through financial distress in the upcoming years | |
| The fund maintains all of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Bny Mutual Fund
If you are still planning to invest in Bny Mellon Focused check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bny Mellon's history and understand the potential risks before investing.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |