World Growth Fund Probability of Future Mutual Fund Price Finishing Under 33.19

USWGX Fund  USD 32.73  0.24  0.74%   
World Growth's future price is the expected price of World Growth instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of World Growth Fund performance during a given time horizon utilizing its historical volatility. Check out World Growth Backtesting, Portfolio Optimization, World Growth Correlation, World Growth Hype Analysis, World Growth Volatility, World Growth History as well as World Growth Performance.
  
Please specify World Growth's target price for which you would like World Growth odds to be computed.

World Growth Target Price Odds to finish below 33.19

The tendency of World 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 PriceHorizonTarget PriceOdds to stay under $ 33.19  after 90 days
 32.73 90 days 33.19 
close to 99
Based on a normal probability distribution, the odds of World Growth to stay under $ 33.19  after 90 days from now is close to 99 (This World Growth Fund probability density function shows the probability of World Mutual Fund to fall within a particular range of prices over 90 days) . Probability of World Growth price to stay between its current price of $ 32.73  and $ 33.19  at the end of the 90-day period is about 5.56 .
Assuming the 90 days horizon World Growth has a beta of 0.63. This usually implies as returns on the market go up, World Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding World Growth Fund will be expected to be much smaller as well. Additionally World Growth Fund has an alpha of 0.0384, implying that it can generate a 0.0384 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   World Growth Price Density   
       Price  

Predictive Modules for World Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as World Growth. 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.
Hype
Prediction
LowEstimatedHigh
32.0932.7333.37
Details
Intrinsic
Valuation
LowRealHigh
32.5533.1933.83
Details
Naive
Forecast
LowNextHigh
32.1332.7633.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.9632.4933.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as World Growth. Your research has to be compared to or analyzed against World Growth's peers to derive any actionable benefits. When done correctly, World Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in World Growth.

World Growth Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. World Growth is not an exception. The market had few large corrections towards the World Growth'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 World Growth Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of World Growth within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.04
β
Beta against Dow Jones0.63
σ
Overall volatility
0.51
Ir
Information ratio -0.007

World Growth 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 World Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for World Growth 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 keeps 98.43% of its net assets in stocks

World Growth Technical Analysis

World Growth's future price can be derived by breaking down and analyzing its technical indicators over time. World Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of World Growth Fund. In general, you should focus on analyzing World Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

World Growth Predictive Forecast Models

World Growth's time-series forecasting models is one of many World Growth'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 World Growth'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 World Growth

Checking the ongoing alerts about World Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for World Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund keeps 98.43% of its net assets in stocks

Other Information on Investing in World Mutual Fund

World Growth financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Growth security.
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