Westcore Orado Tax Exempt Fund Probability of Future Mutual Fund Price Finishing Over 10.5
| WICOX Fund | USD 10.39 0.05 0.48% |
Westcore |
Westcore Colorado Target Price Odds to finish over 10.5
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 over $ 10.50 or more in 90 days |
| 10.39 | 90 days | 10.50 | roughly 2.76 |
Based on a normal probability distribution, the odds of Westcore Colorado to move over $ 10.50 or more in 90 days from now is roughly 2.76 (This Westcore Orado Tax Exempt probability density function shows the probability of Westcore Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Westcore Orado Tax price to stay between its current price of $ 10.39 and $ 10.50 at the end of the 90-day period is about 83.58 .
Assuming the 90 days horizon Westcore Colorado has a beta of 0.0541. This entails as returns on the market go up, Westcore Colorado average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westcore Orado Tax Exempt will be expected to be much smaller as well. Additionally Westcore Orado Tax Exempt 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 Colorado Price Density |
| Price |
Predictive Modules for Westcore Colorado
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 Orado Tax. 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 Colorado'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 Colorado Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westcore Colorado is not an exception. The market had few large corrections towards the Westcore Colorado'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 Orado Tax Exempt, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westcore Colorado within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.05 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.4 |
Westcore Colorado 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 Colorado for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westcore Orado Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Westcore Orado Tax generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Westcore Orado Tax keeps about 95.14% of its net assets in bonds |
Westcore Colorado Technical Analysis
Westcore Colorado'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 Orado Tax Exempt. In general, you should focus on analyzing Westcore Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Westcore Colorado Predictive Forecast Models
Westcore Colorado's time-series forecasting models is one of many Westcore Colorado'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 Colorado'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 Orado Tax
Checking the ongoing alerts about Westcore Colorado for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westcore Orado Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westcore Orado Tax generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Westcore Orado Tax keeps about 95.14% of its net assets in bonds |
Check out Westcore Colorado Backtesting, Portfolio Optimization, Westcore Colorado Correlation, Westcore Colorado Hype Analysis, Westcore Colorado Volatility, Westcore Colorado History as well as Westcore Colorado Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.