Blackrock Muniholdings New Fund Probability of Future Fund Price Finishing Under 10.89
| MUJ Fund | USD 11.72 0.09 0.77% |
Blackrock |
Blackrock Muniholdings Target Price Odds to finish below 10.89
The tendency of Blackrock 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 $ 10.89 or more in 90 days |
| 11.72 | 90 days | 10.89 | near 1 |
Based on a normal probability distribution, the odds of Blackrock Muniholdings to drop to $ 10.89 or more in 90 days from now is near 1 (This Blackrock Muniholdings New probability density function shows the probability of Blackrock Fund to fall within a particular range of prices over 90 days) . Probability of Blackrock Muniholdings price to stay between $ 10.89 and its current price of $11.72 at the end of the 90-day period is about 24.57 .
Considering the 90-day investment horizon Blackrock Muniholdings has a beta of 0.0367. This indicates as returns on the market go up, Blackrock Muniholdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackrock Muniholdings New will be expected to be much smaller as well. Additionally Blackrock Muniholdings New 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. Blackrock Muniholdings Price Density |
| Price |
Predictive Modules for Blackrock Muniholdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackrock Muniholdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Muniholdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blackrock Muniholdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blackrock Muniholdings is not an exception. The market had few large corrections towards the Blackrock Muniholdings' 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 Blackrock Muniholdings New, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blackrock Muniholdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.29 |
Blackrock Muniholdings 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 Blackrock Muniholdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blackrock Muniholdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blackrock Muniholdings generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: BlackRock MuniHoldings New Jersey Quality Fund Share Price Crosses Above Two Hundred Day Moving Average - Whats Next - MarketBeat | |
| The fund generated three year return of -2.0% |
Blackrock Muniholdings Technical Analysis
Blackrock Muniholdings' future price can be derived by breaking down and analyzing its technical indicators over time. Blackrock Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blackrock Muniholdings New. In general, you should focus on analyzing Blackrock Fund price patterns and their correlations with different microeconomic environments and drivers.
Blackrock Muniholdings Predictive Forecast Models
Blackrock Muniholdings' time-series forecasting models is one of many Blackrock Muniholdings' 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 Blackrock Muniholdings' 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 Blackrock Muniholdings
Checking the ongoing alerts about Blackrock Muniholdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blackrock Muniholdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blackrock Muniholdings generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: BlackRock MuniHoldings New Jersey Quality Fund Share Price Crosses Above Two Hundred Day Moving Average - Whats Next - MarketBeat | |
| The fund generated three year return of -2.0% |
Other Information on Investing in Blackrock Fund
Blackrock Muniholdings financial ratios help investors to determine whether Blackrock 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 Blackrock with respect to the benefits of owning Blackrock Muniholdings security.
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