Mkeax Fund Chance of Future Mutual Fund Price Finishing Under 12.59
| MKEAX Fund | 14.57 0.30 2.02% |
Mkeax |
Mkeax Target Price Odds to finish below 12.59
The tendency of Mkeax 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 12.59 or more in 90 days |
| 14.57 | 90 days | 12.59 | about 10.11 |
Based on a normal probability distribution, the odds of Mkeax to drop to 12.59 or more in 90 days from now is about 10.11 (This Mkeax probability density function shows the probability of Mkeax Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mkeax price to stay between 12.59 and its current price of 14.57 at the end of the 90-day period is about 75.32 .
Assuming the 90 days horizon Mkeax has a beta of -0.3. This indicates as returns on the benchmark increase, returns on holding Mkeax are expected to decrease at a much lower rate. During a bear market, however, Mkeax is likely to outperform the market. Additionally Mkeax has an alpha of 0.1702, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mkeax Price Density |
| Price |
Predictive Modules for Mkeax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mkeax. 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.Mkeax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mkeax is not an exception. The market had few large corrections towards the Mkeax'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 Mkeax, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mkeax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | 0.04 |
Mkeax 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 Mkeax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mkeax 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 maintains all of the assets in different exotic instruments |
Mkeax Technical Analysis
Mkeax's future price can be derived by breaking down and analyzing its technical indicators over time. Mkeax Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mkeax. In general, you should focus on analyzing Mkeax Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mkeax Predictive Forecast Models
Mkeax's time-series forecasting models is one of many Mkeax'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 Mkeax'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 Mkeax
Checking the ongoing alerts about Mkeax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mkeax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Mkeax Mutual Fund
Mkeax financial ratios help investors to determine whether Mkeax 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 Mkeax with respect to the benefits of owning Mkeax security.
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