Equinox Chesapeake Strategy Fund Probability of Future Mutual Fund Price Finishing Under 12.27
| ECHCX Fund | USD 12.12 0.17 1.38% |
Equinox |
Equinox Chesapeake Target Price Odds to finish below 12.27
The tendency of Equinox 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 $ 12.27 after 90 days |
| 12.12 | 90 days | 12.27 | about 40.43 |
Based on a normal probability distribution, the odds of Equinox Chesapeake to stay under $ 12.27 after 90 days from now is about 40.43 (This Equinox Chesapeake Strategy probability density function shows the probability of Equinox Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Equinox Chesapeake price to stay between its current price of $ 12.12 and $ 12.27 at the end of the 90-day period is about 22.84 .
Assuming the 90 days horizon Equinox Chesapeake has a beta of 0.26 suggesting as returns on the market go up, Equinox Chesapeake average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equinox Chesapeake Strategy will be expected to be much smaller as well. Additionally Equinox Chesapeake Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Equinox Chesapeake Price Density |
| Price |
Predictive Modules for Equinox Chesapeake
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equinox Chesapeake. 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 Equinox Chesapeake'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.
Equinox Chesapeake Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equinox Chesapeake is not an exception. The market had few large corrections towards the Equinox Chesapeake'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 Equinox Chesapeake Strategy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equinox Chesapeake within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0012 | |
β | Beta against NYSE Composite | 0.26 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.06 |
Equinox Chesapeake 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 Equinox Chesapeake for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equinox Chesapeake 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 retains about 102.16% of its assets under management (AUM) in cash |
Equinox Chesapeake Technical Analysis
Equinox Chesapeake's future price can be derived by breaking down and analyzing its technical indicators over time. Equinox Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equinox Chesapeake Strategy. In general, you should focus on analyzing Equinox Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Equinox Chesapeake Predictive Forecast Models
Equinox Chesapeake's time-series forecasting models is one of many Equinox Chesapeake'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 Equinox Chesapeake'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 Equinox Chesapeake
Checking the ongoing alerts about Equinox Chesapeake for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equinox Chesapeake help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 102.16% of its assets under management (AUM) in cash |
Check out Equinox Chesapeake Backtesting, Portfolio Optimization, Equinox Chesapeake Correlation, Equinox Chesapeake Hype Analysis, Equinox Chesapeake Volatility, Equinox Chesapeake History as well as Equinox Chesapeake Performance. Note that the Equinox Chesapeake information on this page should be used as a complementary analysis to other Equinox Chesapeake'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.