Altegrisaaca Opportunistic Real Fund Probability of Future Mutual Fund Price Finishing Over 13.58
| RAAIX Fund | USD 13.58 0.12 0.89% |
Altegris/aaca |
Altegris/aaca Opportunistic Target Price Odds to finish over 13.58
The tendency of Altegris/aaca 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 |
| 13.58 | 90 days | 13.58 | about 31.46 |
Based on a normal probability distribution, the odds of Altegris/aaca Opportunistic to move above the current price in 90 days from now is about 31.46 (This Altegrisaaca Opportunistic Real probability density function shows the probability of Altegris/aaca Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Altegris/aaca Opportunistic has a beta of 0.73 indicating as returns on the market go up, Altegris/aaca Opportunistic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Altegrisaaca Opportunistic Real will be expected to be much smaller as well. Additionally Altegrisaaca Opportunistic Real 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. Altegris/aaca Opportunistic Price Density |
| Price |
Predictive Modules for Altegris/aaca Opportunistic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altegris/aaca Opportunistic. 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.Altegris/aaca Opportunistic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Altegris/aaca Opportunistic is not an exception. The market had few large corrections towards the Altegris/aaca Opportunistic'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 Altegrisaaca Opportunistic Real, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altegris/aaca Opportunistic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.05 |
Altegris/aaca Opportunistic 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 Altegris/aaca Opportunistic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altegris/aaca Opportunistic 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 generated three year return of -10.0% | |
| Altegris/aaca Opportunistic maintains 99.42% of its assets in stocks |
Altegris/aaca Opportunistic Technical Analysis
Altegris/aaca Opportunistic's future price can be derived by breaking down and analyzing its technical indicators over time. Altegris/aaca Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altegrisaaca Opportunistic Real. In general, you should focus on analyzing Altegris/aaca Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Altegris/aaca Opportunistic Predictive Forecast Models
Altegris/aaca Opportunistic's time-series forecasting models is one of many Altegris/aaca Opportunistic'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 Altegris/aaca Opportunistic'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 Altegris/aaca Opportunistic
Checking the ongoing alerts about Altegris/aaca Opportunistic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altegris/aaca Opportunistic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -10.0% | |
| Altegris/aaca Opportunistic maintains 99.42% of its assets in stocks |
Other Information on Investing in Altegris/aaca Mutual Fund
Altegris/aaca Opportunistic financial ratios help investors to determine whether Altegris/aaca 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 Altegris/aaca with respect to the benefits of owning Altegris/aaca Opportunistic security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |