International Advantage Portfolio Fund Probability of Future Mutual Fund Price Finishing Under 23.26
| MFAIX Fund | USD 24.41 0.36 1.45% |
International |
International Advantage Target Price Odds to finish below 23.26
The tendency of International 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 $ 23.26 or more in 90 days |
| 24.41 | 90 days | 23.26 | about 32.2 |
Based on a normal probability distribution, the odds of International Advantage to drop to $ 23.26 or more in 90 days from now is about 32.2 (This International Advantage Portfolio probability density function shows the probability of International Mutual Fund to fall within a particular range of prices over 90 days) . Probability of International Advantage price to stay between $ 23.26 and its current price of $24.41 at the end of the 90-day period is about 59.39 .
Assuming the 90 days horizon International Advantage has a beta of 0.97. This indicates International Advantage Portfolio market returns are sensitive to returns on the market. As the market goes up or down, International Advantage is expected to follow. Additionally International Advantage Portfolio 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. International Advantage Price Density |
| Price |
Predictive Modules for International Advantage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Advantage. 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 International Advantage'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.
International Advantage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. International Advantage is not an exception. The market had few large corrections towards the International Advantage'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 International Advantage Portfolio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International Advantage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.04 |
International Advantage 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 International Advantage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International Advantage 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 generated three year return of -6.0% | |
| International Advantage maintains 97.18% of its assets in stocks |
International Advantage Technical Analysis
International Advantage's future price can be derived by breaking down and analyzing its technical indicators over time. International Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of International Advantage Portfolio. In general, you should focus on analyzing International Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
International Advantage Predictive Forecast Models
International Advantage's time-series forecasting models is one of many International Advantage'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 International Advantage'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 International Advantage
Checking the ongoing alerts about International Advantage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International Advantage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -6.0% | |
| International Advantage maintains 97.18% of its assets in stocks |
Other Information on Investing in International Mutual Fund
International Advantage financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Advantage security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |