Stet Tax Advantaged Income Fund Probability of Future Mutual Fund Price Finishing Over 9.42
| STAYX Fund | USD 9.43 0.02 0.21% |
STET |
Stet Tax-advantaged Target Price Odds to finish over 9.42
The tendency of STET 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 stay above $ 9.42 in 90 days |
| 9.43 | 90 days | 9.42 | about 19.28 |
Based on a normal probability distribution, the odds of Stet Tax-advantaged to stay above $ 9.42 in 90 days from now is about 19.28 (This Stet Tax Advantaged Income probability density function shows the probability of STET Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Stet Tax Advantaged price to stay between $ 9.42 and its current price of $9.43 at the end of the 90-day period is about 5.37 .
Assuming the 90 days horizon Stet Tax Advantaged Income has a beta of -0.0668. This usually implies as returns on the benchmark increase, returns on holding Stet Tax-advantaged are expected to decrease at a much lower rate. During a bear market, however, Stet Tax Advantaged Income is likely to outperform the market. Additionally Stet Tax Advantaged Income has an alpha of 0.0145, implying that it can generate a 0.0145 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Stet Tax-advantaged Price Density |
| Price |
Predictive Modules for Stet Tax-advantaged
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stet Tax Advantaged. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stet Tax-advantaged's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Stet Tax-advantaged Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stet Tax-advantaged is not an exception. The market had few large corrections towards the Stet Tax-advantaged'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 Stet Tax Advantaged Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stet Tax-advantaged within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.49 |
Stet Tax-advantaged 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 Stet Tax-advantaged for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stet Tax Advantaged 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 about 8.51% of its assets in bonds |
Stet Tax-advantaged Technical Analysis
Stet Tax-advantaged's future price can be derived by breaking down and analyzing its technical indicators over time. STET Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stet Tax Advantaged Income. In general, you should focus on analyzing STET Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Stet Tax-advantaged Predictive Forecast Models
Stet Tax-advantaged's time-series forecasting models is one of many Stet Tax-advantaged'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 Stet Tax-advantaged'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 Stet Tax Advantaged
Checking the ongoing alerts about Stet Tax-advantaged for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stet Tax Advantaged 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 about 8.51% of its assets in bonds |
Other Information on Investing in STET Mutual Fund
Stet Tax-advantaged financial ratios help investors to determine whether STET 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 STET with respect to the benefits of owning Stet Tax-advantaged security.
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