Reaves Utility Income Fund Probability of Future Mutual Fund Price Finishing Under 30.76
| XUTGX Fund | USD 25.48 0.23 0.89% |
Reaves |
Reaves Utility Target Price Odds to finish below 30.76
The tendency of Reaves 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 under $ 30.76 after 90 days |
| 25.48 | 90 days | 30.76 | close to 99 |
Based on a normal probability distribution, the odds of Reaves Utility to stay under $ 30.76 after 90 days from now is close to 99 (This Reaves Utility Income probability density function shows the probability of Reaves Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Reaves Utility Me price to stay between its current price of $ 25.48 and $ 30.76 at the end of the 90-day period is about 92.2 .
Assuming the 90 days horizon Reaves Utility Income has a beta of -0.18. This entails as returns on the benchmark increase, returns on holding Reaves Utility are expected to decrease at a much lower rate. During a bear market, however, Reaves Utility Income is likely to outperform the market. Additionally Reaves Utility Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Reaves Utility Price Density |
| Price |
Predictive Modules for Reaves Utility
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reaves Utility Me. 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 Reaves Utility'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.
Reaves Utility Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Reaves Utility is not an exception. The market had few large corrections towards the Reaves Utility'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 Reaves Utility Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Reaves Utility within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | -0.18 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | -0.13 |
Reaves Utility 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 Reaves Utility for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Reaves Utility Me can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Reaves Utility Me generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Reaves Utility Income Trust declares 0.19 dividend - Seeking Alpha |
Reaves Utility Technical Analysis
Reaves Utility's future price can be derived by breaking down and analyzing its technical indicators over time. Reaves Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Reaves Utility Income. In general, you should focus on analyzing Reaves Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Reaves Utility Predictive Forecast Models
Reaves Utility's time-series forecasting models is one of many Reaves Utility'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 Reaves Utility'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 Reaves Utility Me
Checking the ongoing alerts about Reaves Utility for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Reaves Utility Me help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Reaves Utility Me generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Reaves Utility Income Trust declares 0.19 dividend - Seeking Alpha |
Check out Reaves Utility Backtesting, Portfolio Optimization, Reaves Utility Correlation, Reaves Utility Hype Analysis, Reaves Utility Volatility, Reaves Utility History as well as Reaves Utility Performance. Note that the Reaves Utility Me information on this page should be used as a complementary analysis to other Reaves Utility'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Reaves Utility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reaves Utility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reaves Utility's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.