Thompson Midcap Fund Probability of Future Mutual Fund Price Finishing Over 13.12
| THPMX Fund | USD 13.14 0.07 0.54% |
Thompson |
Thompson Midcap Target Price Odds to finish over 13.12
The tendency of Thompson 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 $ 13.12 in 90 days |
| 13.14 | 90 days | 13.12 | about 68.44 |
Based on a normal probability distribution, the odds of Thompson Midcap to stay above $ 13.12 in 90 days from now is about 68.44 (This Thompson Midcap Fund probability density function shows the probability of Thompson Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Thompson Midcap price to stay between $ 13.12 and its current price of $13.14 at the end of the 90-day period is roughly 2.9 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.35 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Thompson Midcap will likely underperform. Additionally Thompson Midcap Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Thompson Midcap Price Density |
| Price |
Predictive Modules for Thompson Midcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thompson Midcap. 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 Thompson Midcap'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.
Thompson Midcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thompson Midcap is not an exception. The market had few large corrections towards the Thompson Midcap'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 Thompson Midcap Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thompson Midcap within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 1.35 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.07 |
Thompson Midcap 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 Thompson Midcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thompson Midcap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thompson Midcap generated a negative expected return over the last 90 days | |
| The fund maintains 99.81% of its assets in stocks |
Thompson Midcap Technical Analysis
Thompson Midcap's future price can be derived by breaking down and analyzing its technical indicators over time. Thompson Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thompson Midcap Fund. In general, you should focus on analyzing Thompson Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Thompson Midcap Predictive Forecast Models
Thompson Midcap's time-series forecasting models is one of many Thompson Midcap'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 Thompson Midcap'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 Thompson Midcap
Checking the ongoing alerts about Thompson Midcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thompson Midcap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thompson Midcap generated a negative expected return over the last 90 days | |
| The fund maintains 99.81% of its assets in stocks |
Check out Thompson Midcap Backtesting, Portfolio Optimization, Thompson Midcap Correlation, Thompson Midcap Hype Analysis, Thompson Midcap Volatility, Thompson Midcap History as well as Thompson Midcap Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.