Gold And Precious Fund Chance of Future Mutual Fund Price Finishing Under 11.09
| USERX Fund | USD 12.45 0.26 2.05% |
Gold |
Gold Target Price Odds to finish below 11.09
The tendency of Gold 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 drop to $ 11.09 or more in 90 days |
| 12.45 | 90 days | 11.09 | near 1 |
Based on a normal probability distribution, the odds of Gold to drop to $ 11.09 or more in 90 days from now is near 1 (This Gold And Precious probability density function shows the probability of Gold Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Gold And Precious price to stay between $ 11.09 and its current price of $12.45 at the end of the 90-day period is about 12.84 .
Assuming the 90 days horizon Gold And Precious has a beta of -0.0862. This usually implies as returns on the benchmark increase, returns on holding Gold are expected to decrease at a much lower rate. During a bear market, however, Gold And Precious is likely to outperform the market. Additionally Gold And Precious 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. Gold Price Density |
| Price |
Predictive Modules for Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gold And Precious. 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.Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gold is not an exception. The market had few large corrections towards the Gold'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 Gold And Precious, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | -0.07 |
Gold 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 Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gold And Precious can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gold And Precious generated a negative expected return over the last 90 days | |
| The fund generated-2.0 ten year return of -2.0% | |
| Gold And Precious keeps 95.04% of its net assets in stocks |
Gold Technical Analysis
Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Gold Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gold And Precious. In general, you should focus on analyzing Gold Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Gold Predictive Forecast Models
Gold's time-series forecasting models is one of many Gold'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 Gold'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 Gold And Precious
Checking the ongoing alerts about Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gold And Precious help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gold And Precious generated a negative expected return over the last 90 days | |
| The fund generated-2.0 ten year return of -2.0% | |
| Gold And Precious keeps 95.04% of its net assets in stocks |
Other Information on Investing in Gold Mutual Fund
Gold financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold security.
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