Comstock Capital Value Fund Probability of Future Mutual Fund Price Finishing Under 4.38
| DRCVX Fund | USD 3.91 0.01 0.26% |
Comstock |
Comstock Capital Target Price Odds to finish below 4.38
The tendency of Comstock 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 $ 4.38 after 90 days |
| 3.91 | 90 days | 4.38 | close to 99 |
Based on a normal probability distribution, the odds of Comstock Capital to stay under $ 4.38 after 90 days from now is close to 99 (This Comstock Capital Value probability density function shows the probability of Comstock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Comstock Capital Value price to stay between its current price of $ 3.91 and $ 4.38 at the end of the 90-day period is about 89.53 .
Assuming the 90 days horizon Comstock Capital has a beta of 0.28 suggesting as returns on the market go up, Comstock Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Comstock Capital Value will be expected to be much smaller as well. Additionally Comstock Capital Value has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Comstock Capital Price Density |
| Price |
Predictive Modules for Comstock Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Comstock Capital Value. 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 Comstock Capital'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.
Comstock Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Comstock Capital is not an exception. The market had few large corrections towards the Comstock Capital'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 Comstock Capital Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Comstock Capital within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.23 |
Comstock Capital 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 Comstock Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Comstock Capital Value can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Comstock Capital generated a negative expected return over the last 90 days | |
| Comstock Capital Value generated-17.0 ten year return of -17.0% | |
| This fund retains about 21.45% of its assets under management (AUM) in cash |
Comstock Capital Technical Analysis
Comstock Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Comstock Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Comstock Capital Value. In general, you should focus on analyzing Comstock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Comstock Capital Predictive Forecast Models
Comstock Capital's time-series forecasting models is one of many Comstock Capital'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 Comstock Capital'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 Comstock Capital Value
Checking the ongoing alerts about Comstock Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Comstock Capital Value help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Comstock Capital generated a negative expected return over the last 90 days | |
| Comstock Capital Value generated-17.0 ten year return of -17.0% | |
| This fund retains about 21.45% of its assets under management (AUM) in cash |
Check out Comstock Capital Backtesting, Portfolio Optimization, Comstock Capital Correlation, Comstock Capital Hype Analysis, Comstock Capital Volatility, Comstock Capital History as well as Comstock Capital Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.