Pfg Invesco Thematic Fund Probability of Future Mutual Fund Price Finishing Under 9.43
PFIOX Fund | USD 9.43 0.04 0.43% |
Pfg |
Pfg Invesco Target Price Odds to finish below 9.43
The tendency of Pfg 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 below current price in 90 days |
9.43 | 90 days | 9.43 | roughly 97.0 |
Based on a normal probability distribution, the odds of Pfg Invesco to move below current price in 90 days from now is roughly 97.0 (This Pfg Invesco Thematic probability density function shows the probability of Pfg Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Pfg Invesco has a beta of 0.0499 indicating as returns on the market go up, Pfg Invesco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pfg Invesco Thematic will be expected to be much smaller as well. Additionally Pfg Invesco Thematic has an alpha of 0.0521, implying that it can generate a 0.0521 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pfg Invesco Price Density |
Price |
Predictive Modules for Pfg Invesco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pfg Invesco Thematic. 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.Pfg Invesco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pfg Invesco is not an exception. The market had few large corrections towards the Pfg Invesco'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 Pfg Invesco Thematic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pfg Invesco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.09 |
Pfg Invesco 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 Pfg Invesco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pfg Invesco Thematic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Pfg Invesco Technical Analysis
Pfg Invesco's future price can be derived by breaking down and analyzing its technical indicators over time. Pfg Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pfg Invesco Thematic. In general, you should focus on analyzing Pfg Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pfg Invesco Predictive Forecast Models
Pfg Invesco's time-series forecasting models is one of many Pfg Invesco'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 Pfg Invesco'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 Pfg Invesco Thematic
Checking the ongoing alerts about Pfg Invesco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pfg Invesco Thematic 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 Pfg Mutual Fund
Pfg Invesco financial ratios help investors to determine whether Pfg 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 Pfg with respect to the benefits of owning Pfg Invesco security.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |