Sextant Global High Fund Probability of Future Mutual Fund Price Finishing Over 11.08
| SGHIX Fund | USD 10.81 0.02 0.18% |
Sextant |
Sextant Global Target Price Odds to finish over 11.08
The tendency of Sextant 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 over $ 11.08 or more in 90 days |
| 10.81 | 90 days | 11.08 | about 27.98 |
Based on a normal probability distribution, the odds of Sextant Global to move over $ 11.08 or more in 90 days from now is about 27.98 (This Sextant Global High probability density function shows the probability of Sextant Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Sextant Global High price to stay between its current price of $ 10.81 and $ 11.08 at the end of the 90-day period is about 67.23 .
Assuming the 90 days horizon Sextant Global has a beta of 0.12. This usually implies as returns on the market go up, Sextant Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sextant Global High will be expected to be much smaller as well. Additionally Sextant Global High 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. Sextant Global Price Density |
| Price |
Predictive Modules for Sextant Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sextant Global High. 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.Sextant Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sextant Global is not an exception. The market had few large corrections towards the Sextant Global'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 Sextant Global High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sextant Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.25 |
Sextant Global 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 Sextant Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sextant Global High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sextant Global High generated a negative expected return over the last 90 days | |
| The fund maintains about 12.85% of its assets in cash |
Sextant Global Technical Analysis
Sextant Global's future price can be derived by breaking down and analyzing its technical indicators over time. Sextant Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sextant Global High. In general, you should focus on analyzing Sextant Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Sextant Global Predictive Forecast Models
Sextant Global's time-series forecasting models is one of many Sextant Global'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 Sextant Global'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 Sextant Global High
Checking the ongoing alerts about Sextant Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sextant Global High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sextant Global High generated a negative expected return over the last 90 days | |
| The fund maintains about 12.85% of its assets in cash |
Other Information on Investing in Sextant Mutual Fund
Sextant Global financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant Global security.
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