Aberdeen Small Cap Fund Probability of Future Mutual Fund Price Finishing Over 29.46
| GSXAX Fund | USD 30.08 0.18 0.59% |
Aberdeen |
Aberdeen Small Target Price Odds to finish over 29.46
The tendency of Aberdeen 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 above $ 29.46 in 90 days |
| 30.08 | 90 days | 29.46 | close to 99 |
Based on a normal probability distribution, the odds of Aberdeen Small to stay above $ 29.46 in 90 days from now is close to 99 (This Aberdeen Small Cap probability density function shows the probability of Aberdeen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Aberdeen Small Cap price to stay between $ 29.46 and its current price of $30.08 at the end of the 90-day period is about 1.24 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.53 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Aberdeen Small will likely underperform. Additionally Aberdeen Small Cap has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Aberdeen Small Price Density |
| Price |
Predictive Modules for Aberdeen Small
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Small Cap. 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 Aberdeen Small'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.
Aberdeen Small Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aberdeen Small is not an exception. The market had few large corrections towards the Aberdeen Small'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 Aberdeen Small Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aberdeen Small within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 1.53 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.07 |
Aberdeen Small 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 Aberdeen Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aberdeen Small Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aberdeen Small Cap generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Texas decision to pull 8.5B from BlackRock driven by profits, not ESG - Houston Chronicle | |
| The fund generated three year return of -2.0% | |
| Aberdeen Small Cap retains 98.12% of its assets under management (AUM) in equities |
Aberdeen Small Technical Analysis
Aberdeen Small's future price can be derived by breaking down and analyzing its technical indicators over time. Aberdeen Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aberdeen Small Cap. In general, you should focus on analyzing Aberdeen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Aberdeen Small Predictive Forecast Models
Aberdeen Small's time-series forecasting models is one of many Aberdeen Small'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 Aberdeen Small'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 Aberdeen Small Cap
Checking the ongoing alerts about Aberdeen Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aberdeen Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aberdeen Small Cap generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Texas decision to pull 8.5B from BlackRock driven by profits, not ESG - Houston Chronicle | |
| The fund generated three year return of -2.0% | |
| Aberdeen Small Cap retains 98.12% of its assets under management (AUM) in equities |
Check out Aberdeen Small Backtesting, Portfolio Optimization, Aberdeen Small Correlation, Aberdeen Small Hype Analysis, Aberdeen Small Volatility, Aberdeen Small History as well as Aberdeen Small Performance. Note that the Aberdeen Small Cap information on this page should be used as a complementary analysis to other Aberdeen Small'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.