Small Cap Growth Profund Fund Probability of Future Mutual Fund Price Finishing Under 109.17
| SGPIX Fund | USD 120.06 2.00 1.69% |
Small-cap |
Small-cap Growth Target Price Odds to finish below 109.17
The tendency of Small-cap 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 $ 109.17 or more in 90 days |
| 120.06 | 90 days | 109.17 | about 7.48 |
Based on a normal probability distribution, the odds of Small-cap Growth to drop to $ 109.17 or more in 90 days from now is about 7.48 (This Small Cap Growth Profund probability density function shows the probability of Small-cap Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Small Cap Growth price to stay between $ 109.17 and its current price of $120.06 at the end of the 90-day period is about 89.37 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.52 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Small-cap Growth will likely underperform. Additionally Small Cap Growth Profund 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. Small-cap Growth Price Density |
| Price |
Predictive Modules for Small-cap Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Small Cap Growth. 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.Small-cap Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Small-cap Growth is not an exception. The market had few large corrections towards the Small-cap Growth'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 Small Cap Growth Profund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Small-cap Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.52 | |
σ | Overall volatility | 3.29 | |
Ir | Information ratio | 0.01 |
Small-cap Growth 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 Small-cap Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Small Cap Growth 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 -1.0% | |
| Small Cap Growth maintains 99.62% of its assets in stocks |
Small-cap Growth Technical Analysis
Small-cap Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Small-cap Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Small Cap Growth Profund. In general, you should focus on analyzing Small-cap Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Small-cap Growth Predictive Forecast Models
Small-cap Growth's time-series forecasting models is one of many Small-cap Growth'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 Small-cap Growth'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 Small Cap Growth
Checking the ongoing alerts about Small-cap Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Small Cap Growth 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 -1.0% | |
| Small Cap Growth maintains 99.62% of its assets in stocks |
Other Information on Investing in Small-cap Mutual Fund
Small-cap Growth financial ratios help investors to determine whether Small-cap 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 Small-cap with respect to the benefits of owning Small-cap Growth security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |