Oberweis International Opportunities Fund Probability of Future Mutual Fund Price Finishing Over 18.48
| OBIOX Fund | USD 18.78 0.02 0.11% |
Oberweis |
Oberweis International Target Price Odds to finish over 18.48
The tendency of Oberweis 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 $ 18.48 in 90 days |
| 18.78 | 90 days | 18.48 | about 17.38 |
Based on a normal probability distribution, the odds of Oberweis International to stay above $ 18.48 in 90 days from now is about 17.38 (This Oberweis International Opportunities probability density function shows the probability of Oberweis Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Oberweis International price to stay between $ 18.48 and its current price of $18.78 at the end of the 90-day period is about 14.15 .
Assuming the 90 days horizon Oberweis International has a beta of 0.14. This indicates as returns on the market go up, Oberweis International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oberweis International Opportunities will be expected to be much smaller as well. Additionally Oberweis International Opportunities has an alpha of 0.0946, implying that it can generate a 0.0946 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Oberweis International Price Density |
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Predictive Modules for Oberweis International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oberweis International. 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 Oberweis International'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.
Oberweis International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oberweis International is not an exception. The market had few large corrections towards the Oberweis International'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 Oberweis International Opportunities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oberweis International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.14 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | 0.03 |
Oberweis International 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 Oberweis International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oberweis International 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 generated three year return of -12.0% | |
| Oberweis International maintains 99.23% of its assets in stocks |
Oberweis International Technical Analysis
Oberweis International's future price can be derived by breaking down and analyzing its technical indicators over time. Oberweis Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oberweis International Opportunities. In general, you should focus on analyzing Oberweis Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Oberweis International Predictive Forecast Models
Oberweis International's time-series forecasting models is one of many Oberweis International'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 Oberweis International'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 Oberweis International
Checking the ongoing alerts about Oberweis International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oberweis International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -12.0% | |
| Oberweis International maintains 99.23% of its assets in stocks |
Check out Oberweis International Backtesting, Portfolio Optimization, Oberweis International Correlation, Oberweis International Hype Analysis, Oberweis International Volatility, Oberweis International History as well as Oberweis International Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.