Power Income Fund Probability of Future Mutual Fund Price Finishing Over 8.66
| PWRCX Fund | USD 8.69 0.02 0.23% |
Power |
Power Income Target Price Odds to finish over 8.66
The tendency of Power 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 $ 8.66 in 90 days |
| 8.69 | 90 days | 8.66 | more than 94.0 |
Based on a normal probability distribution, the odds of Power Income to stay above $ 8.66 in 90 days from now is more than 94.0 (This Power Income Fund probability density function shows the probability of Power Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Power Me Fund price to stay between $ 8.66 and its current price of $8.69 at the end of the 90-day period is about 10.59 .
Assuming the 90 days horizon Power Income has a beta of 0.0333 indicating as returns on the market go up, Power Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Power Income Fund will be expected to be much smaller as well. Additionally Power Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Power Income Price Density |
| Price |
Predictive Modules for Power Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Power Me Fund. 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 Power Income'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.
Power Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Power Income is not an exception. The market had few large corrections towards the Power Income'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 Power Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Power Income within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.03 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.34 |
Power Income 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 Power Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Power Me Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Power Me Fund generated a negative expected return over the last 90 days | |
| Power Me Fund generated five year return of -1.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Power Income Technical Analysis
Power Income's future price can be derived by breaking down and analyzing its technical indicators over time. Power Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Power Income Fund. In general, you should focus on analyzing Power Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Power Income Predictive Forecast Models
Power Income's time-series forecasting models is one of many Power Income'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 Power Income'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 Power Me Fund
Checking the ongoing alerts about Power Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Power Me Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Power Me Fund generated a negative expected return over the last 90 days | |
| Power Me Fund generated five year return of -1.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Check out Power Income Backtesting, Portfolio Optimization, Power Income Correlation, Power Income Hype Analysis, Power Income Volatility, Power Income History as well as Power Income Performance. Note that the Power Me Fund information on this page should be used as a complementary analysis to other Power Income'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.