Nasdaq 100 Index Fund Probability of Future Mutual Fund Price Finishing Under 41.82
| NASDX Fund | USD 41.76 0.07 0.17% |
Nasdaq-100 |
Nasdaq-100 Index Target Price Odds to finish below 41.82
The tendency of Nasdaq-100 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 stay under $ 41.82 after 90 days |
| 41.76 | 90 days | 41.82 | about 90.23 |
Based on a normal probability distribution, the odds of Nasdaq-100 Index to stay under $ 41.82 after 90 days from now is about 90.23 (This Nasdaq 100 Index Fund probability density function shows the probability of Nasdaq-100 Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nasdaq 100 Index price to stay between its current price of $ 41.76 and $ 41.82 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Nasdaq-100 Index has a beta of 0.99. This indicates Nasdaq 100 Index Fund market returns are sensitive to returns on the market. As the market goes up or down, Nasdaq-100 Index is expected to follow. Additionally Nasdaq 100 Index Fund 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. Nasdaq-100 Index Price Density |
| Price |
Predictive Modules for Nasdaq-100 Index
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nasdaq 100 Index. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nasdaq-100 Index's 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.
Nasdaq-100 Index Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nasdaq-100 Index is not an exception. The market had few large corrections towards the Nasdaq-100 Index'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 Nasdaq 100 Index Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nasdaq-100 Index within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | -0.02 |
Nasdaq-100 Index 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 Nasdaq-100 Index for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nasdaq 100 Index can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Nasdaq-100 Index Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nasdaq-100 Mutual Fund often depends not only on the future outlook of the current and potential Nasdaq-100 Index's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nasdaq-100 Index's indicators that are reflective of the short sentiment are summarized in the table below.
Nasdaq-100 Index Technical Analysis
Nasdaq-100 Index's future price can be derived by breaking down and analyzing its technical indicators over time. Nasdaq-100 Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nasdaq 100 Index Fund. In general, you should focus on analyzing Nasdaq-100 Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nasdaq-100 Index Predictive Forecast Models
Nasdaq-100 Index's time-series forecasting models is one of many Nasdaq-100 Index'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 Nasdaq-100 Index'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 Nasdaq 100 Index
Checking the ongoing alerts about Nasdaq-100 Index for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nasdaq 100 Index 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 Nasdaq-100 Mutual Fund
Nasdaq-100 Index financial ratios help investors to determine whether Nasdaq-100 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Index security.
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