Sp Smallcap Index Fund Probability of Future Mutual Fund Price Finishing Under 23.69
| SMCIX Fund | USD 25.56 0.42 1.67% |
SMCIX |
Sp Smallcap Target Price Odds to finish below 23.69
The tendency of SMCIX 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 $ 23.69 or more in 90 days |
| 25.56 | 90 days | 23.69 | about 41.93 |
Based on a normal probability distribution, the odds of Sp Smallcap to drop to $ 23.69 or more in 90 days from now is about 41.93 (This Sp Smallcap Index probability density function shows the probability of SMCIX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Sp Smallcap Index price to stay between $ 23.69 and its current price of $25.56 at the end of the 90-day period is about 56.45 .
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, Sp Smallcap will likely underperform. Additionally Sp Smallcap Index 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. Sp Smallcap Price Density |
| Price |
Predictive Modules for Sp Smallcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sp Smallcap Index. 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.Sp Smallcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sp Smallcap is not an exception. The market had few large corrections towards the Sp Smallcap'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 Sp Smallcap Index, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sp Smallcap 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 | 0.77 | |
Ir | Information ratio | 0.02 |
Sp Smallcap 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 Sp Smallcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sp Smallcap Index can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Sp Smallcap Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SMCIX Mutual Fund often depends not only on the future outlook of the current and potential Sp Smallcap's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sp Smallcap's indicators that are reflective of the short sentiment are summarized in the table below.
Sp Smallcap Technical Analysis
Sp Smallcap's future price can be derived by breaking down and analyzing its technical indicators over time. SMCIX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sp Smallcap Index. In general, you should focus on analyzing SMCIX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Sp Smallcap Predictive Forecast Models
Sp Smallcap's time-series forecasting models is one of many Sp Smallcap'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 Sp Smallcap'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 Sp Smallcap Index
Checking the ongoing alerts about Sp Smallcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sp Smallcap Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Other Information on Investing in SMCIX Mutual Fund
Sp Smallcap financial ratios help investors to determine whether SMCIX 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 SMCIX with respect to the benefits of owning Sp Smallcap security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |