Washington Mutual Investors Fund Probability of Future Mutual Fund Price Finishing Under 45.37
| RWMEX Fund | USD 58.93 0.10 0.17% |
Washington |
Washington Mutual Target Price Odds to finish below 45.37
The tendency of Washington 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 drop to $ 45.37 or more in 90 days |
| 58.93 | 90 days | 45.37 | near 1 |
Based on a normal probability distribution, the odds of Washington Mutual to drop to $ 45.37 or more in 90 days from now is near 1 (This Washington Mutual Investors probability density function shows the probability of Washington Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Washington Mutual price to stay between $ 45.37 and its current price of $58.93 at the end of the 90-day period is about 39.26 .
Assuming the 90 days horizon Washington Mutual has a beta of 0.92 indicating Washington Mutual Investors market returns are sensitive to returns on the market. As the market goes up or down, Washington Mutual is expected to follow. Additionally Washington Mutual Investors has an alpha of 0.0072, implying that it can generate a 0.007161 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Washington Mutual Price Density |
| Price |
Predictive Modules for Washington Mutual
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Washington Mutual. 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 Washington Mutual'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.
Washington Mutual Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Washington Mutual is not an exception. The market had few large corrections towards the Washington Mutual'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 Washington Mutual Investors, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Washington Mutual within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 0.92 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0 |
Washington Mutual 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 Washington Mutual for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Washington Mutual can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Washington Mutual Technical Analysis
Washington Mutual's future price can be derived by breaking down and analyzing its technical indicators over time. Washington Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Washington Mutual Investors. In general, you should focus on analyzing Washington Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Washington Mutual Predictive Forecast Models
Washington Mutual's time-series forecasting models is one of many Washington Mutual'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 Washington Mutual'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 Washington Mutual
Checking the ongoing alerts about Washington Mutual for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Washington Mutual help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Check out Washington Mutual Backtesting, Portfolio Optimization, Washington Mutual Correlation, Washington Mutual Hype Analysis, Washington Mutual Volatility, Washington Mutual History as well as Washington Mutual Performance. Note that the Washington Mutual information on this page should be used as a complementary analysis to other Washington Mutual'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.