Global Growth Fund Probability of Future Mutual Fund Price Finishing Over 10.39

AGYGX Fund  USD 12.26  0.05  0.41%   
Global Growth's future price is the expected price of Global Growth instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Global Growth Fund performance during a given time horizon utilizing its historical volatility. Check out Global Growth Backtesting, Portfolio Optimization, Global Growth Correlation, Global Growth Hype Analysis, Global Growth Volatility, Global Growth History as well as Global Growth Performance.
  
Please specify Global Growth's target price for which you would like Global Growth odds to be computed.

Global Growth Target Price Odds to finish over 10.39

The tendency of Global 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 PriceHorizonTarget PriceOdds to stay above $ 10.39  in 90 days
 12.26 90 days 10.39 
close to 99
Based on a normal probability distribution, the odds of Global Growth to stay above $ 10.39  in 90 days from now is close to 99 (This Global Growth Fund probability density function shows the probability of Global Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Global Growth Fund price to stay between $ 10.39  and its current price of $12.26 at the end of the 90-day period is about 91.62 .
Assuming the 90 days horizon Global Growth has a beta of 0.0571. This suggests as returns on the market go up, Global Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Growth Fund will be expected to be much smaller as well. Additionally Global Growth Fund has an alpha of 0.1502, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Global Growth Price Density   
       Price  

Predictive Modules for Global Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Growth 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 Global Growth'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.
Hype
Prediction
LowEstimatedHigh
0.000.000.77
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.77
Details
Naive
Forecast
LowNextHigh
11.4312.2112.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.2312.2812.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Global Growth. Your research has to be compared to or analyzed against Global Growth's peers to derive any actionable benefits. When done correctly, Global Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Global Growth Fund.

Global Growth Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Growth is not an exception. The market had few large corrections towards the Global Growth'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 Global Growth Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Growth within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.15
β
Beta against NYSE Composite0.06
σ
Overall volatility
0.45
Ir
Information ratio 0.04

Global Growth 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 Global Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Growth 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.
The fund holds 98.2% of its assets under management (AUM) in equities

Global Growth Technical Analysis

Global Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Global Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Growth Fund. In general, you should focus on analyzing Global Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Global Growth Predictive Forecast Models

Global Growth's time-series forecasting models is one of many Global Growth'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 Global Growth'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 Global Growth Fund

Checking the ongoing alerts about Global Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Growth Fund 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 98.2% of its assets under management (AUM) in equities
Check out Global Growth Backtesting, Portfolio Optimization, Global Growth Correlation, Global Growth Hype Analysis, Global Growth Volatility, Global Growth History as well as Global Growth Performance.
Note that the Global Growth Fund information on this page should be used as a complementary analysis to other Global Growth'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Global Mutual Fund analysis

When running Global Growth's price analysis, check to measure Global Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Growth is operating at the current time. Most of Global Growth's value examination focuses on studying past and present price action to predict the probability of Global Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Growth's price. Additionally, you may evaluate how the addition of Global Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Global Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Growth'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.