Massachusetts Investors Growth Fund Probability of Future Mutual Fund Price Finishing Under 48.46
MIGNX Fund | USD 49.10 0.16 0.33% |
Massachusetts |
Massachusetts Investors Target Price Odds to finish below 48.46
The tendency of Massachusetts 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 $ 48.46 or more in 90 days |
49.10 | 90 days | 48.46 | about 75.77 |
Based on a normal probability distribution, the odds of Massachusetts Investors to drop to $ 48.46 or more in 90 days from now is about 75.77 (This Massachusetts Investors Growth probability density function shows the probability of Massachusetts Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Massachusetts Investors price to stay between $ 48.46 and its current price of $49.1 at the end of the 90-day period is about 16.76 .
Assuming the 90 days horizon Massachusetts Investors has a beta of 0.7. This indicates as returns on the market go up, Massachusetts Investors average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Massachusetts Investors Growth will be expected to be much smaller as well. Additionally Massachusetts Investors Growth 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. Massachusetts Investors Price Density |
Price |
Predictive Modules for Massachusetts Investors
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Massachusetts Investors. 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.Massachusetts Investors Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Massachusetts Investors is not an exception. The market had few large corrections towards the Massachusetts Investors' 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 Massachusetts Investors Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Massachusetts Investors within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.09 |
Massachusetts Investors 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 Massachusetts Investors for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Massachusetts Investors can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Massachusetts Investors Technical Analysis
Massachusetts Investors' future price can be derived by breaking down and analyzing its technical indicators over time. Massachusetts Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Massachusetts Investors Growth. In general, you should focus on analyzing Massachusetts Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Massachusetts Investors Predictive Forecast Models
Massachusetts Investors' time-series forecasting models is one of many Massachusetts Investors' 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 Massachusetts Investors' 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 Massachusetts Investors
Checking the ongoing alerts about Massachusetts Investors for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Massachusetts Investors 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 Massachusetts Mutual Fund
Massachusetts Investors financial ratios help investors to determine whether Massachusetts 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 Massachusetts with respect to the benefits of owning Massachusetts Investors security.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |