Teton Westwood Mighty Fund Probability of Future Mutual Fund Price Finishing Over 20.38
| WEMMX Fund | USD 19.18 0.11 0.58% |
Teton |
Teton Westwood Target Price Odds to finish over 20.38
The tendency of Teton 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 $ 20.38 or more in 90 days |
| 19.18 | 90 days | 20.38 | near 1 |
Based on a normal probability distribution, the odds of Teton Westwood to move over $ 20.38 or more in 90 days from now is near 1 (This Teton Westwood Mighty probability density function shows the probability of Teton Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Teton Westwood Mighty price to stay between its current price of $ 19.18 and $ 20.38 at the end of the 90-day period is about 47.42 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.14 . This entails Teton Westwood Mighty market returns are sensitive to returns on the market. As the market goes up or down, Teton Westwood is expected to follow. Additionally Teton Westwood Mighty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Teton Westwood Price Density |
| Price |
Predictive Modules for Teton Westwood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teton Westwood Mighty. 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 Teton Westwood'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.
Teton Westwood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Teton Westwood is not an exception. The market had few large corrections towards the Teton Westwood'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 Teton Westwood Mighty, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Teton Westwood within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 1.14 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.02 |
Teton Westwood 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 Teton Westwood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Teton Westwood Mighty 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 -2.0% | |
| Teton Westwood Mighty keeps 98.53% of its net assets in stocks |
Teton Westwood Technical Analysis
Teton Westwood's future price can be derived by breaking down and analyzing its technical indicators over time. Teton Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Teton Westwood Mighty. In general, you should focus on analyzing Teton Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Teton Westwood Predictive Forecast Models
Teton Westwood's time-series forecasting models is one of many Teton Westwood'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 Teton Westwood'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 Teton Westwood Mighty
Checking the ongoing alerts about Teton Westwood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Teton Westwood Mighty 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 -2.0% | |
| Teton Westwood Mighty keeps 98.53% of its net assets in stocks |
Check out Teton Westwood Backtesting, Portfolio Optimization, Teton Westwood Correlation, Teton Westwood Hype Analysis, Teton Westwood Volatility, Teton Westwood History as well as Teton Westwood Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.