Ab High Income Fund Odds of Future Mutual Fund Price Finishing Over 6.98
| AGDYX Fund | USD 7.04 0.01 0.14% |
AGDYX |
Ab High Target Price Odds to finish over 6.98
The tendency of AGDYX 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 $ 6.98 in 90 days |
| 7.04 | 90 days | 6.98 | about 58.02 |
Based on a normal probability distribution, the odds of Ab High to stay above $ 6.98 in 90 days from now is about 58.02 (This Ab High Income probability density function shows the probability of AGDYX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ab High Income price to stay between $ 6.98 and its current price of $7.04 at the end of the 90-day period is about 42.44 .
Assuming the 90 days horizon Ab High Income has a beta of -0.0197. This suggests as returns on the benchmark increase, returns on holding Ab High are expected to decrease at a much lower rate. During a bear market, however, Ab High Income is likely to outperform the market. Additionally Ab High Income has an alpha of 0.0296, implying that it can generate a 0.0296 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ab High Price Density |
| Price |
Predictive Modules for Ab High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ab High Income. 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 Ab High'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.
Ab High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ab High is not an exception. The market had few large corrections towards the Ab High'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 Ab High Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ab High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.56 |
Ab High 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 Ab High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ab High Income 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 holds about 5.86% of its assets under management (AUM) in cash |
Ab High Technical Analysis
Ab High's future price can be derived by breaking down and analyzing its technical indicators over time. AGDYX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ab High Income. In general, you should focus on analyzing AGDYX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ab High Predictive Forecast Models
Ab High's time-series forecasting models is one of many Ab High'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 Ab High'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 Ab High Income
Checking the ongoing alerts about Ab High for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ab High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds about 5.86% of its assets under management (AUM) in cash |
Other Information on Investing in AGDYX Mutual Fund
Ab High financial ratios help investors to determine whether AGDYX 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 AGDYX with respect to the benefits of owning Ab High security.
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