Multi Manager High Yield Fund Probability of Future Mutual Fund Price Finishing Over 8.62
| NMHYX Fund | USD 8.50 0.02 0.23% |
Multi |
Multi Manager Target Price Odds to finish over 8.62
The tendency of Multi 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 $ 8.62 or more in 90 days |
| 8.50 | 90 days | 8.62 | near 1 |
Based on a normal probability distribution, the odds of Multi Manager to move over $ 8.62 or more in 90 days from now is near 1 (This Multi Manager High Yield probability density function shows the probability of Multi Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Multi Manager High price to stay between its current price of $ 8.50 and $ 8.62 at the end of the 90-day period is about 22.2 .
Assuming the 90 days horizon Multi Manager has a beta of 0.0513. This indicates as returns on the market go up, Multi Manager average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Manager High Yield will be expected to be much smaller as well. Additionally Multi Manager High Yield has an alpha of 0.0055, implying that it can generate a 0.005533 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Multi Manager Price Density |
| Price |
Predictive Modules for Multi Manager
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Manager High. 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 Multi Manager'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.
Multi Manager Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multi Manager is not an exception. The market had few large corrections towards the Multi Manager'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 Multi Manager High Yield, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multi Manager within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.87 |
Multi Manager 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 Multi Manager for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multi Manager High 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 news.google.com: Franklin Gold And Precious Metals Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains about 94.97% of its assets in bonds |
Multi Manager Technical Analysis
Multi Manager's future price can be derived by breaking down and analyzing its technical indicators over time. Multi Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multi Manager High Yield. In general, you should focus on analyzing Multi Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Multi Manager Predictive Forecast Models
Multi Manager's time-series forecasting models is one of many Multi Manager'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 Multi Manager'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 Multi Manager High
Checking the ongoing alerts about Multi Manager for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multi Manager High 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 news.google.com: Franklin Gold And Precious Metals Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains about 94.97% of its assets in bonds |
Other Information on Investing in Multi Mutual Fund
Multi Manager financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Manager security.
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