Steward Funds Fund Probability of Future Mutual Fund Price Finishing Under 31.06
| SJCIX Fund | USD 31.85 0.19 0.59% |
Steward |
Steward Funds Target Price Odds to finish below 31.06
The tendency of Steward 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 $ 31.06 or more in 90 days |
| 31.85 | 90 days | 31.06 | about 87.72 |
Based on a normal probability distribution, the odds of Steward Funds to drop to $ 31.06 or more in 90 days from now is about 87.72 (This Steward Funds probability density function shows the probability of Steward Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Steward Funds price to stay between $ 31.06 and its current price of $31.85 at the end of the 90-day period is about 9.88 .
Assuming the 90 days horizon Steward Funds has a beta of 0.82. This usually implies as returns on the market go up, Steward Funds average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Steward Funds will be expected to be much smaller as well. Additionally Steward Funds has an alpha of 0.0393, implying that it can generate a 0.0393 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Steward Funds Price Density |
| Price |
Predictive Modules for Steward Funds
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Steward Funds. 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.Steward Funds Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steward Funds is not an exception. The market had few large corrections towards the Steward Funds' 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 Steward Funds , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steward Funds within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0.02 |
Steward Funds 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 Steward Funds for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steward Funds 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 maintains all of the assets in different exotic instruments |
Steward Funds Technical Analysis
Steward Funds' future price can be derived by breaking down and analyzing its technical indicators over time. Steward Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Steward Funds . In general, you should focus on analyzing Steward Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Steward Funds Predictive Forecast Models
Steward Funds' time-series forecasting models is one of many Steward Funds' 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 Steward Funds' 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 Steward Funds
Checking the ongoing alerts about Steward Funds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Steward Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Steward Mutual Fund
Steward Funds financial ratios help investors to determine whether Steward 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 Steward with respect to the benefits of owning Steward Funds security.
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