Telecommunications Portfolio Telecommunications Fund Probability of Future Mutual Fund Price Finishing Over 43.55
| FSTCX Fund | USD 43.55 0.14 0.32% |
Telecommunications |
Telecommunications Target Price Odds to finish over 43.55
The tendency of Telecommunications 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 above the current price in 90 days |
| 43.55 | 90 days | 43.55 | about 71.56 |
Based on a normal probability distribution, the odds of Telecommunications to move above the current price in 90 days from now is about 71.56 (This Telecommunications Portfolio Telecommunications probability density function shows the probability of Telecommunications Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Telecommunications has a beta of 0.78. This usually indicates as returns on the market go up, Telecommunications average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Telecommunications Portfolio Telecommunications will be expected to be much smaller as well. Additionally Telecommunications Portfolio Telecommunications has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Telecommunications Price Density |
| Price |
Predictive Modules for Telecommunications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telecommunications. 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 Telecommunications' 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.
Telecommunications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Telecommunications is not an exception. The market had few large corrections towards the Telecommunications' 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 Telecommunications Portfolio Telecommunications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Telecommunications within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | 0.78 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | -0.18 |
Telecommunications 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 Telecommunications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Telecommunications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Telecommunications generated a negative expected return over the last 90 days | |
| The fund generated three year return of -8.0% | |
| Telecommunications retains 97.26% of its assets under management (AUM) in equities |
Telecommunications Technical Analysis
Telecommunications' future price can be derived by breaking down and analyzing its technical indicators over time. Telecommunications Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Telecommunications Portfolio Telecommunications. In general, you should focus on analyzing Telecommunications Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Telecommunications Predictive Forecast Models
Telecommunications' time-series forecasting models is one of many Telecommunications' 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 Telecommunications' 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 Telecommunications
Checking the ongoing alerts about Telecommunications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Telecommunications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Telecommunications generated a negative expected return over the last 90 days | |
| The fund generated three year return of -8.0% | |
| Telecommunications retains 97.26% of its assets under management (AUM) in equities |
Check out Telecommunications Backtesting, Portfolio Optimization, Telecommunications Correlation, Telecommunications Hype Analysis, Telecommunications Volatility, Telecommunications History as well as Telecommunications Performance. Note that the Telecommunications information on this page should be used as a complementary analysis to other Telecommunications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.