Global Quality Portfolio Fund Probability of Future Mutual Fund Price Finishing Over 15.66
| MGQLX Fund | USD 17.99 0.13 0.73% |
Global |
Global Quality Target Price Odds to finish over 15.66
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 Price | Horizon | Target Price | Odds to stay above $ 15.66 in 90 days |
| 17.99 | 90 days | 15.66 | close to 99 |
Based on a normal probability distribution, the odds of Global Quality to stay above $ 15.66 in 90 days from now is close to 99 (This Global Quality Portfolio probability density function shows the probability of Global Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Global Quality Portfolio price to stay between $ 15.66 and its current price of $17.99 at the end of the 90-day period is about 5.05 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.03 . This indicates Global Quality Portfolio market returns are sensitive to returns on the market. As the market goes up or down, Global Quality is expected to follow. Additionally Global Quality Portfolio has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Global Quality Price Density |
| Price |
Predictive Modules for Global Quality
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 Quality Portfolio. 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 Quality'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.
Global Quality Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Quality is not an exception. The market had few large corrections towards the Global Quality'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 Quality Portfolio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Quality within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 1.03 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.12 |
Global Quality 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 Quality for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Quality Portfolio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Quality generated a negative expected return over the last 90 days | |
| The fund maintains 97.71% of its assets in stocks |
Global Quality Technical Analysis
Global Quality'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 Quality Portfolio. In general, you should focus on analyzing Global Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Global Quality Predictive Forecast Models
Global Quality's time-series forecasting models is one of many Global Quality'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 Quality'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 Quality Portfolio
Checking the ongoing alerts about Global Quality for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Quality Portfolio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Quality generated a negative expected return over the last 90 days | |
| The fund maintains 97.71% of its assets in stocks |
Check out Global Quality Backtesting, Portfolio Optimization, Global Quality Correlation, Global Quality Hype Analysis, Global Quality Volatility, Global Quality History as well as Global Quality Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.