Oakmark Global Select Fund Probability of Future Mutual Fund Price Finishing Over 22.84
| OAYWX Fund | USD 22.84 0.09 0.40% |
Oakmark |
Oakmark Global Target Price Odds to finish over 22.84
The tendency of Oakmark 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 above the current price in 90 days |
| 22.84 | 90 days | 22.84 | about 82.47 |
Based on a normal probability distribution, the odds of Oakmark Global to move above the current price in 90 days from now is about 82.47 (This Oakmark Global Select probability density function shows the probability of Oakmark Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Oakmark Global has a beta of 0.61. This indicates as returns on the market go up, Oakmark Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oakmark Global Select will be expected to be much smaller as well. Additionally Oakmark Global Select 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. Oakmark Global Price Density |
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Predictive Modules for Oakmark Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oakmark Global Select. 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 Oakmark Global'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.
Oakmark Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oakmark Global is not an exception. The market had few large corrections towards the Oakmark Global'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 Oakmark Global Select, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oakmark Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.2 |
Oakmark Global 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 Oakmark Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oakmark Global Select can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oakmark Global generated a negative expected return over the last 90 days | |
| The fund maintains 96.9% of its assets in stocks |
Oakmark Global Technical Analysis
Oakmark Global's future price can be derived by breaking down and analyzing its technical indicators over time. Oakmark Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oakmark Global Select. In general, you should focus on analyzing Oakmark Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Oakmark Global Predictive Forecast Models
Oakmark Global's time-series forecasting models is one of many Oakmark Global'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 Oakmark Global'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 Oakmark Global Select
Checking the ongoing alerts about Oakmark Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oakmark Global Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oakmark Global generated a negative expected return over the last 90 days | |
| The fund maintains 96.9% of its assets in stocks |
Other Information on Investing in Oakmark Mutual Fund
Oakmark Global financial ratios help investors to determine whether Oakmark 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 Oakmark with respect to the benefits of owning Oakmark Global security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |