Third Avenue Value Fund Probability of Future Mutual Fund Price Finishing Over 65.04
| TVFVX Fund | USD 65.94 0.89 1.37% |
Third |
Third Avenue Target Price Odds to finish over 65.04
The tendency of Third 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 $ 65.04 in 90 days |
| 65.94 | 90 days | 65.04 | about 91.06 |
Based on a normal probability distribution, the odds of Third Avenue to stay above $ 65.04 in 90 days from now is about 91.06 (This Third Avenue Value probability density function shows the probability of Third Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Third Avenue Value price to stay between $ 65.04 and its current price of $65.94 at the end of the 90-day period is about 10.75 .
Assuming the 90 days horizon Third Avenue has a beta of 0.72. This usually implies as returns on the market go up, Third Avenue average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Third Avenue Value will be expected to be much smaller as well. Additionally Third Avenue Value 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. Third Avenue Price Density |
| Price |
Predictive Modules for Third Avenue
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Third Avenue Value. 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 Third Avenue'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.
Third Avenue Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Third Avenue is not an exception. The market had few large corrections towards the Third Avenue'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 Third Avenue Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Third Avenue within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 1.83 | |
Ir | Information ratio | -0.23 |
Third Avenue 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 Third Avenue for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Third Avenue Value can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Third Avenue Value generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Artisan High Income Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains about 9.38% of its assets in cash |
Third Avenue Technical Analysis
Third Avenue's future price can be derived by breaking down and analyzing its technical indicators over time. Third Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Third Avenue Value. In general, you should focus on analyzing Third Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Third Avenue Predictive Forecast Models
Third Avenue's time-series forecasting models is one of many Third Avenue'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 Third Avenue'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 Third Avenue Value
Checking the ongoing alerts about Third Avenue for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Third Avenue Value help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Third Avenue Value generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Artisan High Income Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains about 9.38% of its assets in cash |
Other Information on Investing in Third Mutual Fund
Third Avenue financial ratios help investors to determine whether Third 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 Third with respect to the benefits of owning Third Avenue security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |