Counterpoint Tactical Municipal Fund Probability of Future Mutual Fund Price Finishing Under 10.64
| TMNIX Fund | USD 11.00 0.01 0.09% |
Counterpoint |
Counterpoint Tactical Target Price Odds to finish below 10.64
The tendency of Counterpoint 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 $ 10.64 or more in 90 days |
| 11.00 | 90 days | 10.64 | near 1 |
Based on a normal probability distribution, the odds of Counterpoint Tactical to drop to $ 10.64 or more in 90 days from now is near 1 (This Counterpoint Tactical Municipal probability density function shows the probability of Counterpoint Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Counterpoint Tactical price to stay between $ 10.64 and its current price of $11.0 at the end of the 90-day period is about 79.71 .
Assuming the 90 days horizon Counterpoint Tactical Municipal has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding Counterpoint Tactical are expected to decrease at a much lower rate. During a bear market, however, Counterpoint Tactical Municipal is likely to outperform the market. Additionally Counterpoint Tactical Municipal has an alpha of 0.017, implying that it can generate a 0.017 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Counterpoint Tactical Price Density |
| Price |
Predictive Modules for Counterpoint Tactical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Counterpoint Tactical. 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.Counterpoint Tactical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Counterpoint Tactical is not an exception. The market had few large corrections towards the Counterpoint Tactical'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 Counterpoint Tactical Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Counterpoint Tactical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.42 |
Counterpoint Tactical 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 Counterpoint Tactical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Counterpoint Tactical 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 98.57% of its assets in bonds |
Counterpoint Tactical Technical Analysis
Counterpoint Tactical's future price can be derived by breaking down and analyzing its technical indicators over time. Counterpoint Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Counterpoint Tactical Municipal. In general, you should focus on analyzing Counterpoint Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Counterpoint Tactical Predictive Forecast Models
Counterpoint Tactical's time-series forecasting models is one of many Counterpoint Tactical'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 Counterpoint Tactical'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 Counterpoint Tactical
Checking the ongoing alerts about Counterpoint Tactical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Counterpoint Tactical 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 98.57% of its assets in bonds |
Other Information on Investing in Counterpoint Mutual Fund
Counterpoint Tactical financial ratios help investors to determine whether Counterpoint 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 Counterpoint with respect to the benefits of owning Counterpoint Tactical security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |