Zacks Small Cap E Fund Probability of Future Mutual Fund Price Finishing Over 40.47
| ZSCCX Fund | USD 39.08 0.54 1.40% |
Zacks |
Zacks Small-cap Target Price Odds to finish over 40.47
The tendency of Zacks 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 $ 40.47 or more in 90 days |
| 39.08 | 90 days | 40.47 | near 1 |
Based on a normal probability distribution, the odds of Zacks Small-cap to move over $ 40.47 or more in 90 days from now is near 1 (This Zacks Small Cap E probability density function shows the probability of Zacks Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Zacks Small Cap price to stay between its current price of $ 39.08 and $ 40.47 at the end of the 90-day period is roughly 2.86 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.64 . This usually means as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Zacks Small-cap will likely underperform. Additionally Zacks Small Cap E 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. Zacks Small-cap Price Density |
| Price |
Predictive Modules for Zacks Small-cap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zacks Small Cap. 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 Zacks Small-cap'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.
Zacks Small-cap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zacks Small-cap is not an exception. The market had few large corrections towards the Zacks Small-cap'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 Zacks Small Cap E, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zacks Small-cap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 1.64 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | 0 |
Zacks Small-cap 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 Zacks Small-cap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zacks Small Cap 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 99.09% of its net assets in stocks |
Zacks Small-cap Technical Analysis
Zacks Small-cap's future price can be derived by breaking down and analyzing its technical indicators over time. Zacks Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zacks Small Cap E. In general, you should focus on analyzing Zacks Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Zacks Small-cap Predictive Forecast Models
Zacks Small-cap's time-series forecasting models is one of many Zacks Small-cap'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 Zacks Small-cap'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 Zacks Small Cap
Checking the ongoing alerts about Zacks Small-cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zacks Small Cap 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 99.09% of its net assets in stocks |
Other Information on Investing in Zacks Mutual Fund
Zacks Small-cap financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks Small-cap security.
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