Amcap Fund Class Fund Probability of Future Mutual Fund Price Finishing Over 33.93
| AMCFX Fund | USD 40.61 0.25 0.61% |
Amcap |
Amcap Fund Target Price Odds to finish over 33.93
The tendency of Amcap 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 stay above $ 33.93 in 90 days |
| 40.61 | 90 days | 33.93 | close to 99 |
Based on a normal probability distribution, the odds of Amcap Fund to stay above $ 33.93 in 90 days from now is close to 99 (This Amcap Fund Class probability density function shows the probability of Amcap Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Amcap Fund Class price to stay between $ 33.93 and its current price of $40.61 at the end of the 90-day period is about 30.83 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.2 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Amcap Fund will likely underperform. Additionally Amcap Fund Class has an alpha of 0.0058, implying that it can generate a 0.005825 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Amcap Fund Price Density |
| Price |
Predictive Modules for Amcap Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amcap Fund Class. 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 Amcap Fund'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.
Amcap Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amcap Fund is not an exception. The market had few large corrections towards the Amcap Fund'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 Amcap Fund Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amcap Fund within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 1.20 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | 0.02 |
Amcap Fund 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 Amcap Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amcap Fund Class 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 holds 96.78% of its assets under management (AUM) in equities |
Amcap Fund Technical Analysis
Amcap Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Amcap Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amcap Fund Class. In general, you should focus on analyzing Amcap Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Amcap Fund Predictive Forecast Models
Amcap Fund's time-series forecasting models is one of many Amcap Fund'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 Amcap Fund'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 Amcap Fund Class
Checking the ongoing alerts about Amcap Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amcap Fund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds 96.78% of its assets under management (AUM) in equities |
Check out Amcap Fund Backtesting, Portfolio Optimization, Amcap Fund Correlation, Amcap Fund Hype Analysis, Amcap Fund Volatility, Amcap Fund History as well as Amcap Fund Performance. Note that the Amcap Fund Class information on this page should be used as a complementary analysis to other Amcap Fund's 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.