Oppenhmr Discovery Mid Fund Probability of Future Mutual Fund Price Finishing Over 31.15
| OEGYX Fund | USD 31.15 0.08 0.26% |
Oppenhmr |
Oppenhmr Discovery Target Price Odds to finish over 31.15
The tendency of Oppenhmr 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 move above the current price in 90 days |
| 31.15 | 90 days | 31.15 | about 46.41 |
Based on a normal probability distribution, the odds of Oppenhmr Discovery to move above the current price in 90 days from now is about 46.41 (This Oppenhmr Discovery Mid probability density function shows the probability of Oppenhmr Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Oppenhmr Discovery has a beta of 0.13. This indicates as returns on the market go up, Oppenhmr Discovery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppenhmr Discovery Mid will be expected to be much smaller as well. Additionally Oppenhmr Discovery Mid has an alpha of 0.1093, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Oppenhmr Discovery Price Density |
| Price |
Predictive Modules for Oppenhmr Discovery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oppenhmr Discovery Mid. 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 Oppenhmr Discovery'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.
Oppenhmr Discovery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oppenhmr Discovery is not an exception. The market had few large corrections towards the Oppenhmr Discovery'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 Oppenhmr Discovery Mid, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oppenhmr Discovery within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.11 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | 0.04 |
Oppenhmr Discovery 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 Oppenhmr Discovery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oppenhmr Discovery Mid 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 -2.0% | |
| Oppenhmr Discovery Mid maintains 97.75% of its assets in stocks |
Oppenhmr Discovery Technical Analysis
Oppenhmr Discovery's future price can be derived by breaking down and analyzing its technical indicators over time. Oppenhmr Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oppenhmr Discovery Mid. In general, you should focus on analyzing Oppenhmr Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Oppenhmr Discovery Predictive Forecast Models
Oppenhmr Discovery's time-series forecasting models is one of many Oppenhmr Discovery'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 Oppenhmr Discovery'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 Oppenhmr Discovery Mid
Checking the ongoing alerts about Oppenhmr Discovery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oppenhmr Discovery Mid 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 -2.0% | |
| Oppenhmr Discovery Mid maintains 97.75% of its assets in stocks |
Check out Oppenhmr Discovery Backtesting, Portfolio Optimization, Oppenhmr Discovery Correlation, Oppenhmr Discovery Hype Analysis, Oppenhmr Discovery Volatility, Oppenhmr Discovery History as well as Oppenhmr Discovery Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.