Multi Manager Directional Alternative Fund Probability of Future Mutual Fund Price Finishing Under 11.09
| CDAZX Fund | USD 7.09 0.01 0.14% |
Multi |
Multi Manager Target Price Odds to finish below 11.09
The tendency of Multi 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 under $ 11.09 after 90 days |
| 7.09 | 90 days | 11.09 | close to 99 |
Based on a normal probability distribution, the odds of Multi Manager to stay under $ 11.09 after 90 days from now is close to 99 (This Multi Manager Directional Alternative probability density function shows the probability of Multi Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Multi Manager Direct price to stay between its current price of $ 7.09 and $ 11.09 at the end of the 90-day period is about 41.52 .
Assuming the 90 days horizon Multi Manager has a beta of 0.5 suggesting as returns on the market go up, Multi Manager average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Manager Directional Alternative will be expected to be much smaller as well. Additionally Multi Manager Directional Alternative has an alpha of 0.0227, implying that it can generate a 0.0227 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Multi Manager Price Density |
| Price |
Predictive Modules for Multi Manager
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Manager Direct. 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 Multi Manager'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.
Multi Manager Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multi Manager is not an exception. The market had few large corrections towards the Multi Manager'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 Multi Manager Directional Alternative, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multi Manager within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.50 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.02 |
Multi Manager 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 Multi Manager for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multi Manager Direct 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 about 37.25% of its assets under management (AUM) in cash |
Multi Manager Technical Analysis
Multi Manager's future price can be derived by breaking down and analyzing its technical indicators over time. Multi Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multi Manager Directional Alternative. In general, you should focus on analyzing Multi Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Multi Manager Predictive Forecast Models
Multi Manager's time-series forecasting models is one of many Multi Manager'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 Multi Manager'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 Multi Manager Direct
Checking the ongoing alerts about Multi Manager for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multi Manager Direct 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 about 37.25% of its assets under management (AUM) in cash |
Check out Multi Manager Backtesting, Portfolio Optimization, Multi Manager Correlation, Multi Manager Hype Analysis, Multi Manager Volatility, Multi Manager History as well as Multi Manager Performance. Note that the Multi Manager Direct information on this page should be used as a complementary analysis to other Multi Manager'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.