Aama Income Fund Probability of Future Mutual Fund Price Finishing Over 24.72
| AMFIX Fund | USD 23.52 0.03 0.13% |
Aama |
Aama Income Target Price Odds to finish over 24.72
The tendency of Aama 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 $ 24.72 or more in 90 days |
| 23.52 | 90 days | 24.72 | close to zero percent |
Based on a normal probability distribution, the odds of Aama Income to move over $ 24.72 or more in 90 days from now is close to zero percent (This Aama Income Fund probability density function shows the probability of Aama Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Aama Me Fund price to stay between its current price of $ 23.52 and $ 24.72 at the end of the 90-day period is about 75.88 .
Assuming the 90 days horizon Aama Income has a beta of 0.0633. This suggests as returns on the market go up, Aama Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aama Income Fund will be expected to be much smaller as well. Additionally Aama Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Aama Income Price Density |
| Price |
Predictive Modules for Aama Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aama Me Fund. 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 Aama Income'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.
Aama Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aama Income is not an exception. The market had few large corrections towards the Aama Income'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 Aama Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aama Income within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.52 |
Aama Income 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 Aama Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aama Me Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aama Me Fund generated five year return of 0.0% | |
| This fund holds about 8.72% of its assets under management (AUM) in cash |
Aama Income Technical Analysis
Aama Income's future price can be derived by breaking down and analyzing its technical indicators over time. Aama Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aama Income Fund. In general, you should focus on analyzing Aama Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Aama Income Predictive Forecast Models
Aama Income's time-series forecasting models is one of many Aama Income'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 Aama Income'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 Aama Me Fund
Checking the ongoing alerts about Aama Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aama Me Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aama Me Fund generated five year return of 0.0% | |
| This fund holds about 8.72% of its assets under management (AUM) in cash |
Check out Aama Income Backtesting, Portfolio Optimization, Aama Income Correlation, Aama Income Hype Analysis, Aama Income Volatility, Aama Income History as well as Aama Income Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.