Thompson Bond Fund Probability of Future Mutual Fund Price Finishing Under 9.58
| THOPX Fund | USD 10.49 0.03 0.29% |
Thompson |
Thompson Bond Target Price Odds to finish below 9.58
The tendency of Thompson 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 $ 9.58 or more in 90 days |
| 10.49 | 90 days | 9.58 | near 1 |
Based on a normal probability distribution, the odds of Thompson Bond to drop to $ 9.58 or more in 90 days from now is near 1 (This Thompson Bond Fund probability density function shows the probability of Thompson Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Thompson Bond price to stay between $ 9.58 and its current price of $10.49 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Thompson Bond has a beta of 0.0233. This usually implies as returns on the market go up, Thompson Bond average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thompson Bond Fund will be expected to be much smaller as well. Additionally Thompson Bond Fund has an alpha of 0.018, implying that it can generate a 0.018 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thompson Bond Price Density |
| Price |
Predictive Modules for Thompson Bond
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thompson Bond. 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.Thompson Bond Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thompson Bond is not an exception. The market had few large corrections towards the Thompson Bond'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 Thompson Bond Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thompson Bond within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -1.09 |
Thompson Bond 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 Thompson Bond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thompson Bond 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 7.97% of its assets in cash |
Thompson Bond Technical Analysis
Thompson Bond's future price can be derived by breaking down and analyzing its technical indicators over time. Thompson Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thompson Bond Fund. In general, you should focus on analyzing Thompson Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Thompson Bond Predictive Forecast Models
Thompson Bond's time-series forecasting models is one of many Thompson Bond'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 Thompson Bond'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 Thompson Bond
Checking the ongoing alerts about Thompson Bond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thompson Bond 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 7.97% of its assets in cash |
Other Information on Investing in Thompson Mutual Fund
Thompson Bond financial ratios help investors to determine whether Thompson 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 Thompson with respect to the benefits of owning Thompson Bond security.
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