Westwood Smallcap Value Fund Probability of Future Mutual Fund Price Finishing Over 23.92
| WHGSX Fund | USD 23.41 0.06 0.26% |
Westwood |
Westwood Smallcap Target Price Odds to finish over 23.92
The tendency of Westwood 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 move over $ 23.92 or more in 90 days |
| 23.41 | 90 days | 23.92 | near 1 |
Based on a normal probability distribution, the odds of Westwood Smallcap to move over $ 23.92 or more in 90 days from now is near 1 (This Westwood Smallcap Value probability density function shows the probability of Westwood Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Westwood Smallcap Value price to stay between its current price of $ 23.41 and $ 23.92 at the end of the 90-day period is about 1.8 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.42 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Westwood Smallcap will likely underperform. Additionally Westwood Smallcap 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. Westwood Smallcap Price Density |
| Price |
Predictive Modules for Westwood Smallcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westwood Smallcap 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 Westwood Smallcap'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.
Westwood Smallcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westwood Smallcap is not an exception. The market had few large corrections towards the Westwood Smallcap'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 Westwood Smallcap Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westwood Smallcap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 1.42 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.02 |
Westwood Smallcap 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 Westwood Smallcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westwood Smallcap 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.| The fund keeps 98.82% of its net assets in stocks |
Westwood Smallcap Technical Analysis
Westwood Smallcap's future price can be derived by breaking down and analyzing its technical indicators over time. Westwood Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westwood Smallcap Value. In general, you should focus on analyzing Westwood Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Westwood Smallcap Predictive Forecast Models
Westwood Smallcap's time-series forecasting models is one of many Westwood Smallcap'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 Westwood Smallcap'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 Westwood Smallcap Value
Checking the ongoing alerts about Westwood Smallcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westwood Smallcap Value 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 98.82% of its net assets in stocks |
Other Information on Investing in Westwood Mutual Fund
Westwood Smallcap financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Smallcap security.
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