Virtus Dividend Interest Fund Probability of Future Fund Price Finishing Under 13.15
| NFJ Fund | USD 12.03 0.02 0.17% |
Virtus |
Virtus Dividend Target Price Odds to finish below 13.15
The tendency of Virtus 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 under $ 13.15 after 90 days |
| 12.03 | 90 days | 13.15 | close to 99 |
Based on a normal probability distribution, the odds of Virtus Dividend to stay under $ 13.15 after 90 days from now is close to 99 (This Virtus Dividend Interest probability density function shows the probability of Virtus Fund to fall within a particular range of prices over 90 days) . Probability of Virtus Dividend Interest price to stay between its current price of $ 12.03 and $ 13.15 at the end of the 90-day period is about 72.27 .
Considering the 90-day investment horizon the fund has the beta coefficient of 1.09 . This indicates Virtus Dividend Interest market returns are highly reactive to returns on the market. As the market goes up or down, Virtus Dividend is expected to follow. Additionally Virtus Dividend Interest has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Virtus Dividend Price Density |
| Price |
Predictive Modules for Virtus Dividend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Dividend Interest. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Virtus Dividend'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.
Virtus Dividend Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Virtus Dividend is not an exception. The market had few large corrections towards the Virtus Dividend'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 Virtus Dividend Interest, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virtus Dividend within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.12 |
Virtus Dividend 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 Virtus Dividend for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virtus Dividend Interest can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Virtus Dividend generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: AllianzGI NFJ Dividend, Interest Premium Strategy Fund Reports Results for the Fiscal Quarter Ended April 30, 2016 - Marketscreener.com |
Virtus Dividend Technical Analysis
Virtus Dividend's future price can be derived by breaking down and analyzing its technical indicators over time. Virtus Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virtus Dividend Interest. In general, you should focus on analyzing Virtus Fund price patterns and their correlations with different microeconomic environments and drivers.
Virtus Dividend Predictive Forecast Models
Virtus Dividend's time-series forecasting models is one of many Virtus Dividend's 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 Virtus Dividend'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 fund market movement and maximize returns from investment trading.
Things to note about Virtus Dividend Interest
Checking the ongoing alerts about Virtus Dividend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virtus Dividend Interest help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Virtus Dividend generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: AllianzGI NFJ Dividend, Interest Premium Strategy Fund Reports Results for the Fiscal Quarter Ended April 30, 2016 - Marketscreener.com |
Check out Virtus Dividend Backtesting, Portfolio Optimization, Virtus Dividend Correlation, Virtus Dividend Hype Analysis, Virtus Dividend Volatility, Virtus Dividend History as well as Virtus Dividend Performance. Note that the Virtus Dividend Interest information on this page should be used as a complementary analysis to other Virtus Dividend'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.