Olstein All Cap Fund Probability of Future Mutual Fund Price Finishing Over 18.52
| OFALX Fund | USD 18.52 0.05 0.27% |
Olstein |
Olstein All Target Price Odds to finish over 18.52
The tendency of Olstein 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 |
| 18.52 | 90 days | 18.52 | about 12.56 |
Based on a normal probability distribution, the odds of Olstein All to move above the current price in 90 days from now is about 12.56 (This Olstein All Cap probability density function shows the probability of Olstein Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Olstein All has a beta of 0.79. This indicates as returns on the market go up, Olstein All average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Olstein All Cap will be expected to be much smaller as well. Additionally Olstein All Cap has an alpha of 0.1583, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Olstein All Price Density |
| Price |
Predictive Modules for Olstein All
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Olstein All Cap. 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.Olstein All Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Olstein All is not an exception. The market had few large corrections towards the Olstein All'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 Olstein All Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Olstein All within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | 0.11 |
Olstein All 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 Olstein All for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Olstein All Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Olstein All Technical Analysis
Olstein All's future price can be derived by breaking down and analyzing its technical indicators over time. Olstein Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Olstein All Cap. In general, you should focus on analyzing Olstein Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Olstein All Predictive Forecast Models
Olstein All's time-series forecasting models is one of many Olstein All'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 Olstein All'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 Olstein All Cap
Checking the ongoing alerts about Olstein All for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Olstein All Cap 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 Olstein Mutual Fund
Olstein All financial ratios help investors to determine whether Olstein 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 Olstein with respect to the benefits of owning Olstein All security.
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