Stone Harbor Local Fund Probability of Future Mutual Fund Price Finishing Over 8.54
| SHLMX Fund | USD 8.11 0.02 0.25% |
Stone |
Stone Harbor Target Price Odds to finish over 8.54
The tendency of Stone 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 $ 8.54 or more in 90 days |
| 8.11 | 90 days | 8.54 | about 19.57 |
Based on a normal probability distribution, the odds of Stone Harbor to move over $ 8.54 or more in 90 days from now is about 19.57 (This Stone Harbor Local probability density function shows the probability of Stone Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Stone Harbor Local price to stay between its current price of $ 8.11 and $ 8.54 at the end of the 90-day period is about 68.73 .
Assuming the 90 days horizon Stone Harbor has a beta of 0.028. This usually implies as returns on the market go up, Stone Harbor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stone Harbor Local will be expected to be much smaller as well. Additionally Stone Harbor Local 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. Stone Harbor Price Density |
| Price |
Predictive Modules for Stone Harbor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stone Harbor Local. 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.Stone Harbor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stone Harbor is not an exception. The market had few large corrections towards the Stone Harbor'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 Stone Harbor Local, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stone Harbor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.41 |
Stone Harbor 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 Stone Harbor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stone Harbor Local can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stone Harbor Local generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Franklin Corefolio Allocation Fund Q3 2024 Commentary - Seeking Alpha | |
| Stone Harbor Local generated five year return of -1.0% | |
| This fund maintains about 16.19% of its assets in cash |
Stone Harbor Technical Analysis
Stone Harbor's future price can be derived by breaking down and analyzing its technical indicators over time. Stone Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stone Harbor Local. In general, you should focus on analyzing Stone Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Stone Harbor Predictive Forecast Models
Stone Harbor's time-series forecasting models is one of many Stone Harbor'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 Stone Harbor'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 Stone Harbor Local
Checking the ongoing alerts about Stone Harbor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stone Harbor Local help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stone Harbor Local generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Franklin Corefolio Allocation Fund Q3 2024 Commentary - Seeking Alpha | |
| Stone Harbor Local generated five year return of -1.0% | |
| This fund maintains about 16.19% of its assets in cash |
Other Information on Investing in Stone Mutual Fund
Stone Harbor financial ratios help investors to determine whether Stone 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 Stone with respect to the benefits of owning Stone Harbor security.
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