Mmnjx Fund Chance of Future Mutual Fund Price Finishing Over 19.08
| MMNJX Fund | 17.86 0.07 0.39% |
Mmnjx |
Mmnjx Target Price Odds to finish over 19.08
The tendency of Mmnjx 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 19.08 or more in 90 days |
| 17.86 | 90 days | 19.08 | near 1 |
Based on a normal probability distribution, the odds of Mmnjx to move over 19.08 or more in 90 days from now is near 1 (This Mmnjx probability density function shows the probability of Mmnjx Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mmnjx price to stay between its current price of 17.86 and 19.08 at the end of the 90-day period is roughly 2.52 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.4 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Mmnjx will likely underperform. Additionally Mmnjx 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. Mmnjx Price Density |
| Price |
Predictive Modules for Mmnjx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mmnjx. 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.Mmnjx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mmnjx is not an exception. The market had few large corrections towards the Mmnjx'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 Mmnjx, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mmnjx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 1.40 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | 0.03 |
Mmnjx 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 Mmnjx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mmnjx 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 |
Mmnjx Technical Analysis
Mmnjx's future price can be derived by breaking down and analyzing its technical indicators over time. Mmnjx Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mmnjx. In general, you should focus on analyzing Mmnjx Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mmnjx Predictive Forecast Models
Mmnjx's time-series forecasting models is one of many Mmnjx'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 Mmnjx'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 Mmnjx
Checking the ongoing alerts about Mmnjx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mmnjx 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 Mmnjx Mutual Fund
Mmnjx financial ratios help investors to determine whether Mmnjx 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 Mmnjx with respect to the benefits of owning Mmnjx security.
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