Nasdaq 100 Profund Nasdaq 100 Fund Probability of Future Mutual Fund Price Finishing Under 31.36
| OTPSX Fund | USD 34.17 0.29 0.84% |
Nasdaq-100 |
Nasdaq-100 Profund Target Price Odds to finish below 31.36
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 drop to $ 31.36 or more in 90 days |
| 34.17 | 90 days | 31.36 | under 4 |
Based on a normal probability distribution, the odds of Nasdaq-100 Profund to drop to $ 31.36 or more in 90 days from now is under 4 (This Nasdaq 100 Profund Nasdaq 100 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 Profund price to stay between $ 31.36 and its current price of $34.17 at the end of the 90-day period is about 80.93 .
Assuming the 90 days horizon Nasdaq 100 Profund Nasdaq 100 has a beta of -0.0811. This indicates as returns on the benchmark increase, returns on holding Nasdaq-100 Profund are expected to decrease at a much lower rate. During a bear market, however, Nasdaq 100 Profund Nasdaq 100 is likely to outperform the market. Additionally Nasdaq 100 Profund Nasdaq 100 has an alpha of 0.0846, implying that it can generate a 0.0846 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nasdaq-100 Profund Price Density |
| Price |
Predictive Modules for Nasdaq-100 Profund
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 Profund. 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 Profund'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 Profund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nasdaq-100 Profund is not an exception. The market had few large corrections towards the Nasdaq-100 Profund'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 Profund Nasdaq 100, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nasdaq-100 Profund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | -0.05 |
Nasdaq-100 Profund 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 Profund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nasdaq 100 Profund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 38.36% of its assets in cash |
Nasdaq-100 Profund Technical Analysis
Nasdaq-100 Profund'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 Profund Nasdaq 100. In general, you should focus on analyzing Nasdaq-100 Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nasdaq-100 Profund Predictive Forecast Models
Nasdaq-100 Profund's time-series forecasting models is one of many Nasdaq-100 Profund'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 Profund'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 Profund
Checking the ongoing alerts about Nasdaq-100 Profund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nasdaq 100 Profund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 38.36% of its assets in cash |
Other Information on Investing in Nasdaq-100 Mutual Fund
Nasdaq-100 Profund 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 Profund security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |