Mmngx Fund Chance of Future Mutual Fund Price Finishing Over 22.81
MMNGX Fund | 22.81 0.07 0.31% |
Mmngx |
Mmngx Target Price Odds to finish over 22.81
The tendency of Mmngx 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 above the current price in 90 days |
22.81 | 90 days | 22.81 | about 1.16 |
Based on a normal probability distribution, the odds of Mmngx to move above the current price in 90 days from now is about 1.16 (This Mmngx probability density function shows the probability of Mmngx Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Mmngx has a beta of 0.95. This indicates Mmngx market returns are sensitive to returns on the market. As the market goes up or down, Mmngx is expected to follow. Additionally Mmngx has an alpha of 0.0078, implying that it can generate a 0.007834 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mmngx Price Density |
Price |
Predictive Modules for Mmngx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mmngx. 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.Mmngx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mmngx is not an exception. The market had few large corrections towards the Mmngx'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 Mmngx, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mmngx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | 0 |
Mmngx 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 Mmngx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mmngx 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 all of the assets in different exotic instruments |
Mmngx Technical Analysis
Mmngx's future price can be derived by breaking down and analyzing its technical indicators over time. Mmngx Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mmngx. In general, you should focus on analyzing Mmngx Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mmngx Predictive Forecast Models
Mmngx's time-series forecasting models is one of many Mmngx'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 Mmngx'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 Mmngx
Checking the ongoing alerts about Mmngx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mmngx 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 all of the assets in different exotic instruments |
Other Information on Investing in Mmngx Mutual Fund
Mmngx financial ratios help investors to determine whether Mmngx 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 Mmngx with respect to the benefits of owning Mmngx security.
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