Pin Oak Equity Fund Odds of Future Mutual Fund Price Finishing Over 90.99
| POGSX Fund | USD 90.99 0.34 0.38% |
Pin |
Pin Oak Target Price Odds to finish over 90.99
The tendency of Pin 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 above the current price in 90 days |
| 90.99 | 90 days | 90.99 | about 6.68 |
Based on a normal probability distribution, the odds of Pin Oak to move above the current price in 90 days from now is about 6.68 (This Pin Oak Equity probability density function shows the probability of Pin Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Pin Oak has a beta of 0.93 indicating Pin Oak Equity market returns are sensitive to returns on the market. As the market goes up or down, Pin Oak is expected to follow. Additionally Pin Oak Equity 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. Pin Oak Price Density |
| Price |
Predictive Modules for Pin Oak
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pin Oak Equity. 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 Pin Oak'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.
Pin Oak Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pin Oak is not an exception. The market had few large corrections towards the Pin Oak'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 Pin Oak Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pin Oak within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 1.78 | |
Ir | Information ratio | -0.06 |
Pin Oak 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 Pin Oak for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pin Oak Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Pin Oak Technical Analysis
Pin Oak's future price can be derived by breaking down and analyzing its technical indicators over time. Pin Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pin Oak Equity. In general, you should focus on analyzing Pin Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pin Oak Predictive Forecast Models
Pin Oak's time-series forecasting models is one of many Pin Oak'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 Pin Oak'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 Pin Oak Equity
Checking the ongoing alerts about Pin Oak for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pin Oak Equity 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 Pin Mutual Fund
Pin Oak financial ratios help investors to determine whether Pin 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 Pin with respect to the benefits of owning Pin Oak security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |