Westcore Global Large Cap Fund Probability of Future Mutual Fund Price Finishing Over 10.90
| WTMVX Fund | USD 10.90 0.08 0.74% |
Westcore |
Westcore Global Target Price Odds to finish over 10.90
The tendency of Westcore 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 |
| 10.90 | 90 days | 10.90 | about 51.9 |
Based on a normal probability distribution, the odds of Westcore Global to move above the current price in 90 days from now is about 51.9 (This Westcore Global Large Cap probability density function shows the probability of Westcore Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.02 . This entails Westcore Global Large Cap market returns are sensitive to returns on the market. As the market goes up or down, Westcore Global is expected to follow. Additionally Westcore Global Large Cap has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Westcore Global Price Density |
| Price |
Predictive Modules for Westcore Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westcore Global Large. 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 Westcore Global'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.
Westcore Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westcore Global is not an exception. The market had few large corrections towards the Westcore Global'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 Westcore Global Large Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westcore Global within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 1.02 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.04 |
Westcore Global 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 Westcore Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westcore Global Large 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 96.74% of its net assets in stocks |
Westcore Global Technical Analysis
Westcore Global's future price can be derived by breaking down and analyzing its technical indicators over time. Westcore Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westcore Global Large Cap. In general, you should focus on analyzing Westcore Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Westcore Global Predictive Forecast Models
Westcore Global's time-series forecasting models is one of many Westcore Global'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 Westcore Global'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 Westcore Global Large
Checking the ongoing alerts about Westcore Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westcore Global Large 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 96.74% of its net assets in stocks |
Check out Westcore Global Backtesting, Portfolio Optimization, Westcore Global Correlation, Westcore Global Hype Analysis, Westcore Global Volatility, Westcore Global History as well as Westcore Global Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.