Amana Growth Fund Probability of Future Mutual Fund Price Finishing Under 37.13
AMIGX Fund | USD 78.74 0.39 0.50% |
Amana |
Amana Growth Target Price Odds to finish below 37.13
The tendency of Amana 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 drop to $ 37.13 or more in 90 days |
78.74 | 90 days | 37.13 | near 1 |
Based on a normal probability distribution, the odds of Amana Growth to drop to $ 37.13 or more in 90 days from now is near 1 (This Amana Growth Fund probability density function shows the probability of Amana Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Amana Growth Fund price to stay between $ 37.13 and its current price of $78.74 at the end of the 90-day period is about 88.39 .
Assuming the 90 days horizon Amana Growth has a beta of 0.95. This suggests Amana Growth Fund market returns are sensitive to returns on the market. As the market goes up or down, Amana Growth is expected to follow. Additionally The company has an alpha of 0.0436, implying that it can generate a 0.0436 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Amana Growth Price Density |
Price |
Predictive Modules for Amana Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amana Growth Fund. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Amana Growth'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. Please use the tools below to analyze the current value of Amana Growth in the context of predictive analytics.
Amana Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amana Growth is not an exception. The market had few large corrections towards the Amana Growth'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 Amana Growth Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amana Growth within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 3.26 | |
Ir | Information ratio | 0.04 |
Amana Growth 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 Amana Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amana Growth 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.The fund holds 95.88% of its assets under management (AUM) in equities |
Amana Growth Technical Analysis
Amana Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Amana Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amana Growth Fund. In general, you should focus on analyzing Amana Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Amana Growth Predictive Forecast Models
Amana Growth's time-series forecasting models is one of many Amana Growth'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 Amana Growth'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 Amana Growth Fund
Checking the ongoing alerts about Amana Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amana Growth Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds 95.88% of its assets under management (AUM) in equities |
Check out Amana Growth Backtesting, Portfolio Optimization, Amana Growth Correlation, Amana Growth Hype Analysis, Amana Growth Volatility, Amana Growth History as well as Amana Growth Performance. Note that the Amana Growth Fund information on this page should be used as a complementary analysis to other Amana Growth'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Amana Mutual Fund analysis
When running Amana Growth's price analysis, check to measure Amana Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amana Growth is operating at the current time. Most of Amana Growth's value examination focuses on studying past and present price action to predict the probability of Amana Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Growth's price. Additionally, you may evaluate how the addition of Amana Growth to your portfolios can decrease your overall portfolio volatility.
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