Wilmington Municipal Bond Fund Probability of Future Mutual Fund Price Finishing Over 12.35
WTAIX Fund | USD 12.35 0.01 0.08% |
Wilmington |
Wilmington Municipal Target Price Odds to finish over 12.35
The tendency of Wilmington 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 above the current price in 90 days |
12.35 | 90 days | 12.35 | about 43.44 |
Based on a normal probability distribution, the odds of Wilmington Municipal to move above the current price in 90 days from now is about 43.44 (This Wilmington Municipal Bond probability density function shows the probability of Wilmington Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Wilmington Municipal Bond has a beta of -0.0768. This entails as returns on the benchmark increase, returns on holding Wilmington Municipal are expected to decrease at a much lower rate. During a bear market, however, Wilmington Municipal Bond is likely to outperform the market. Additionally Wilmington Municipal Bond has an alpha of 0.0068, implying that it can generate a 0.00682 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wilmington Municipal Price Density |
Price |
Predictive Modules for Wilmington Municipal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wilmington Municipal Bond. 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.Wilmington Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wilmington Municipal is not an exception. The market had few large corrections towards the Wilmington Municipal'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 Wilmington Municipal Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wilmington Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.62 |
Wilmington Municipal 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 Wilmington Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wilmington Municipal Bond 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 generated three year return of 0.0% | |
Wilmington Municipal Bond keeps about 98.54% of its net assets in bonds |
Wilmington Municipal Technical Analysis
Wilmington Municipal's future price can be derived by breaking down and analyzing its technical indicators over time. Wilmington Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wilmington Municipal Bond. In general, you should focus on analyzing Wilmington Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Wilmington Municipal Predictive Forecast Models
Wilmington Municipal's time-series forecasting models is one of many Wilmington Municipal'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 Wilmington Municipal'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 Wilmington Municipal Bond
Checking the ongoing alerts about Wilmington Municipal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wilmington Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of 0.0% | |
Wilmington Municipal Bond keeps about 98.54% of its net assets in bonds |
Other Information on Investing in Wilmington Mutual Fund
Wilmington Municipal financial ratios help investors to determine whether Wilmington 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 Wilmington with respect to the benefits of owning Wilmington Municipal security.
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