Plumb Balanced Fund Probability of Future Mutual Fund Price Finishing Under 40.9
| PLBBX Fund | USD 40.90 0.16 0.39% |
Plumb |
Plumb Balanced Target Price Odds to finish below 40.9
The tendency of Plumb 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 |
| 40.90 | 90 days | 40.90 | over 95.63 |
Based on a normal probability distribution, the odds of Plumb Balanced to move below current price in 90 days from now is over 95.63 (This Plumb Balanced Fund probability density function shows the probability of Plumb Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Plumb Balanced has a beta of 0.69 indicating as returns on the market go up, Plumb Balanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Plumb Balanced Fund will be expected to be much smaller as well. Additionally Plumb Balanced 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. Plumb Balanced Price Density |
| Price |
Predictive Modules for Plumb Balanced
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plumb Balanced. 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.Plumb Balanced Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plumb Balanced is not an exception. The market had few large corrections towards the Plumb Balanced'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 Plumb Balanced Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plumb Balanced within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.1 |
Plumb Balanced Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Plumb Mutual Fund often depends not only on the future outlook of the current and potential Plumb Balanced's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Plumb Balanced's indicators that are reflective of the short sentiment are summarized in the table below.
Plumb Balanced Technical Analysis
Plumb Balanced's future price can be derived by breaking down and analyzing its technical indicators over time. Plumb Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plumb Balanced Fund. In general, you should focus on analyzing Plumb Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Plumb Balanced Predictive Forecast Models
Plumb Balanced's time-series forecasting models is one of many Plumb Balanced'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 Plumb Balanced'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Plumb Balanced in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Plumb Balanced's short interest history, or implied volatility extrapolated from Plumb Balanced options trading.
Other Information on Investing in Plumb Mutual Fund
Plumb Balanced financial ratios help investors to determine whether Plumb 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 Plumb with respect to the benefits of owning Plumb Balanced security.
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