Nebraska Tax Free Income Fund Probability of Future Mutual Fund Price Finishing Over 9.64
| WNTFX Fund | USD 9.69 0.02 0.21% |
Nebraska |
Nebraska Tax-free Target Price Odds to finish over 9.64
The tendency of Nebraska 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 $ 9.64 in 90 days |
| 9.69 | 90 days | 9.64 | about 81.62 |
Based on a normal probability distribution, the odds of Nebraska Tax-free to stay above $ 9.64 in 90 days from now is about 81.62 (This Nebraska Tax Free Income probability density function shows the probability of Nebraska Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nebraska Tax Free price to stay between $ 9.64 and its current price of $9.69 at the end of the 90-day period is about 54.21 .
Assuming the 90 days horizon Nebraska Tax Free Income has a beta of -0.0387. This entails as returns on the benchmark increase, returns on holding Nebraska Tax-free are expected to decrease at a much lower rate. During a bear market, however, Nebraska Tax Free Income is likely to outperform the market. Additionally Nebraska Tax Free Income has an alpha of 0.001, implying that it can generate a 0.001028 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nebraska Tax-free Price Density |
| Price |
Predictive Modules for Nebraska Tax-free
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nebraska Tax Free. 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.Nebraska Tax-free Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nebraska Tax-free is not an exception. The market had few large corrections towards the Nebraska Tax-free'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 Nebraska Tax Free Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nebraska Tax-free within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.87 |
Nebraska Tax-free 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 Nebraska Tax-free for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nebraska Tax Free 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 about 6.99% of its net assets in cash |
Nebraska Tax-free Technical Analysis
Nebraska Tax-free's future price can be derived by breaking down and analyzing its technical indicators over time. Nebraska Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nebraska Tax Free Income. In general, you should focus on analyzing Nebraska Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nebraska Tax-free Predictive Forecast Models
Nebraska Tax-free's time-series forecasting models is one of many Nebraska Tax-free'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 Nebraska Tax-free'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 Nebraska Tax Free
Checking the ongoing alerts about Nebraska Tax-free for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nebraska Tax Free 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 about 6.99% of its net assets in cash |
Other Information on Investing in Nebraska Mutual Fund
Nebraska Tax-free financial ratios help investors to determine whether Nebraska 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 Nebraska with respect to the benefits of owning Nebraska Tax-free security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |