Gnma Fund Institutional Fund Probability of Future Mutual Fund Price Finishing Under 9.42
| PDMIX Fund | USD 9.34 0.02 0.21% |
GNMA |
Gnma Fund Target Price Odds to finish below 9.42
The tendency of GNMA 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 $ 9.42 after 90 days |
| 9.34 | 90 days | 9.42 | about 52.31 |
Based on a normal probability distribution, the odds of Gnma Fund to stay under $ 9.42 after 90 days from now is about 52.31 (This Gnma Fund Institutional probability density function shows the probability of GNMA Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Gnma Fund Institutional price to stay between its current price of $ 9.34 and $ 9.42 at the end of the 90-day period is about 23.55 .
Assuming the 90 days horizon Gnma Fund Institutional has a beta of -0.0189 indicating as returns on the benchmark increase, returns on holding Gnma Fund are expected to decrease at a much lower rate. During a bear market, however, Gnma Fund Institutional is likely to outperform the market. Additionally Gnma Fund Institutional 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. Gnma Fund Price Density |
| Price |
Predictive Modules for Gnma Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gnma Fund Institutional. 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.Gnma Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gnma Fund is not an exception. The market had few large corrections towards the Gnma Fund'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 Gnma Fund Institutional, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gnma Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.49 |
Gnma Fund 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 Gnma Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gnma Fund Institutional can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gnma Fund generated a negative expected return over the last 90 days | |
| Gnma Fund Institutional generated five year return of 0.0% | |
| This fund maintains about 20.3% of its assets in cash |
Gnma Fund Technical Analysis
Gnma Fund's future price can be derived by breaking down and analyzing its technical indicators over time. GNMA Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gnma Fund Institutional. In general, you should focus on analyzing GNMA Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Gnma Fund Predictive Forecast Models
Gnma Fund's time-series forecasting models is one of many Gnma Fund'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 Gnma Fund'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 Gnma Fund Institutional
Checking the ongoing alerts about Gnma Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gnma Fund Institutional help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gnma Fund generated a negative expected return over the last 90 days | |
| Gnma Fund Institutional generated five year return of 0.0% | |
| This fund maintains about 20.3% of its assets in cash |
Other Information on Investing in GNMA Mutual Fund
Gnma Fund financial ratios help investors to determine whether GNMA 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 GNMA with respect to the benefits of owning Gnma Fund security.
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