Global Multi Strategy Fund Probability of Future Mutual Fund Price Finishing Under 11.27
| PGLSX Fund | USD 11.35 0.02 0.18% |
Global |
Global Multi-strategy Target Price Odds to finish below 11.27
The tendency of Global 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 $ 11.27 or more in 90 days |
| 11.35 | 90 days | 11.27 | about 70.07 |
Based on a normal probability distribution, the odds of Global Multi-strategy to drop to $ 11.27 or more in 90 days from now is about 70.07 (This Global Multi Strategy Fund probability density function shows the probability of Global Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Global Multi Strategy price to stay between $ 11.27 and its current price of $11.35 at the end of the 90-day period is about 24.09 .
Assuming the 90 days horizon Global Multi-strategy has a beta of 0.24 indicating as returns on the market go up, Global Multi-strategy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Multi Strategy Fund will be expected to be much smaller as well. Additionally Global Multi Strategy Fund 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. Global Multi-strategy Price Density |
| Price |
Predictive Modules for Global Multi-strategy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Multi Strategy. 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 Global Multi-strategy'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.
Global Multi-strategy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Multi-strategy is not an exception. The market had few large corrections towards the Global Multi-strategy'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 Global Multi Strategy Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Multi-strategy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.48 |
Global Multi-strategy 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 Global Multi-strategy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Multi Strategy 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 64.31% of its assets in cash |
Global Multi-strategy Technical Analysis
Global Multi-strategy's future price can be derived by breaking down and analyzing its technical indicators over time. Global Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Multi Strategy Fund. In general, you should focus on analyzing Global Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Global Multi-strategy Predictive Forecast Models
Global Multi-strategy's time-series forecasting models is one of many Global Multi-strategy'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 Global Multi-strategy'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 Global Multi Strategy
Checking the ongoing alerts about Global Multi-strategy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Multi Strategy 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 64.31% of its assets in cash |
Other Information on Investing in Global Mutual Fund
Global Multi-strategy financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Multi-strategy security.
| CEOs Directory Screen CEOs from public companies around the world | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |