Electronics Fund Class Fund Probability of Future Mutual Fund Price Finishing Under 362.77
| RYELX Fund | USD 386.43 3.78 0.99% |
Electronics |
Electronics Fund Target Price Odds to finish below 362.77
The tendency of Electronics 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 $ 362.77 or more in 90 days |
| 386.43 | 90 days | 362.77 | about 1.77 |
Based on a normal probability distribution, the odds of Electronics Fund to drop to $ 362.77 or more in 90 days from now is about 1.77 (This Electronics Fund Class probability density function shows the probability of Electronics Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Electronics Fund Class price to stay between $ 362.77 and its current price of $386.43 at the end of the 90-day period is about 34.05 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.51 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Electronics Fund will likely underperform. Additionally Electronics Fund Class 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. Electronics Fund Price Density |
| Price |
Predictive Modules for Electronics Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronics Fund Class. 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.Electronics Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Electronics Fund is not an exception. The market had few large corrections towards the Electronics Fund'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 Electronics Fund Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Electronics Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 1.51 | |
σ | Overall volatility | 13.64 | |
Ir | Information ratio | -0.09 |
Electronics Fund 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 Electronics Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Electronics Fund Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Electronics Fund generated a negative expected return over the last 90 days | |
| The fund maintains 97.46% of its assets in stocks |
Electronics Fund Technical Analysis
Electronics Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Electronics Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electronics Fund Class. In general, you should focus on analyzing Electronics Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Electronics Fund Predictive Forecast Models
Electronics Fund's time-series forecasting models is one of many Electronics Fund'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 Electronics Fund'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 Electronics Fund Class
Checking the ongoing alerts about Electronics Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Electronics Fund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Electronics Fund generated a negative expected return over the last 90 days | |
| The fund maintains 97.46% of its assets in stocks |
Other Information on Investing in Electronics Mutual Fund
Electronics Fund financial ratios help investors to determine whether Electronics 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 Electronics with respect to the benefits of owning Electronics Fund security.
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