Mymf Etf Chance of Future Etf Price Finishing Over 25.1
| MYMF Etf | 25.10 0.01 0.04% |
MYMF |
MYMF Target Price Odds to finish over 25.1
The tendency of MYMF Etf 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 |
| 25.10 | 90 days | 25.10 | near 1 |
Based on a normal probability distribution, the odds of MYMF to move above the current price in 90 days from now is near 1 (This MYMF probability density function shows the probability of MYMF Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days MYMF has a beta of -0.0249. This indicates as returns on the benchmark increase, returns on holding MYMF are expected to decrease at a much lower rate. During a bear market, however, MYMF is likely to outperform the market. Additionally MYMF has an alpha of 0.0041, implying that it can generate a 0.004059 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MYMF Price Density |
| Price |
Predictive Modules for MYMF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MYMF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.MYMF Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MYMF is not an exception. The market had few large corrections towards the MYMF'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 MYMF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MYMF within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -1.12 |
MYMF 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 MYMF for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MYMF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from seekingalpha.com: SPDR SSGA My2026 Municipal Bond declares monthly distribution of 0.0624 |
MYMF Technical Analysis
MYMF's future price can be derived by breaking down and analyzing its technical indicators over time. MYMF Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MYMF. In general, you should focus on analyzing MYMF Etf price patterns and their correlations with different microeconomic environments and drivers.
MYMF Predictive Forecast Models
MYMF's time-series forecasting models is one of many MYMF's etf 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 MYMF'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 etf market movement and maximize returns from investment trading.
Things to note about MYMF
Checking the ongoing alerts about MYMF for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MYMF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from seekingalpha.com: SPDR SSGA My2026 Municipal Bond declares monthly distribution of 0.0624 |
Check out MYMF Backtesting, Portfolio Optimization, MYMF Correlation, MYMF Hype Analysis, MYMF Volatility, MYMF History as well as MYMF Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of MYMF is measured differently than its book value, which is the value of MYMF that is recorded on the company's balance sheet. Investors also form their own opinion of MYMF's value that differs from its market value or its book value, called intrinsic value, which is MYMF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYMF's market value can be influenced by many factors that don't directly affect MYMF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYMF's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYMF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYMF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.