Reaves Utility If Fund Probability of Future Fund Price Finishing Over 39.25
| UTG Fund | USD 26.32 0.09 0.34% |
Reaves |
Reaves Utility Target Price Odds to finish over 39.25
The tendency of Reaves 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 over $ 39.25 or more in 90 days |
| 26.32 | 90 days | 39.25 | close to zero percent |
Based on a normal probability distribution, the odds of Reaves Utility to move over $ 39.25 or more in 90 days from now is close to zero percent (This Reaves Utility If probability density function shows the probability of Reaves Fund to fall within a particular range of prices over 90 days) . Probability of Reaves Utility If price to stay between its current price of $ 26.32 and $ 39.25 at the end of the 90-day period is about 18.64 .
Considering the 90-day investment horizon Reaves Utility has a beta of 0.68. This usually implies as returns on the market go up, Reaves Utility average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Reaves Utility If will be expected to be much smaller as well. Additionally Reaves Utility If has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Reaves Utility Price Density |
| Price |
Predictive Modules for Reaves Utility
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reaves Utility If. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Reaves Utility'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.
Reaves Utility Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Reaves Utility is not an exception. The market had few large corrections towards the Reaves Utility'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 Reaves Utility If, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Reaves Utility within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.68 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.08 |
Reaves Utility 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 Reaves Utility for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Reaves Utility If can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Cash Dividend On The Way From Reaves Utility Income Fund - Nasdaq | |
| The fund generated three year return of -2.0% |
Reaves Utility Technical Analysis
Reaves Utility's future price can be derived by breaking down and analyzing its technical indicators over time. Reaves Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Reaves Utility If. In general, you should focus on analyzing Reaves Fund price patterns and their correlations with different microeconomic environments and drivers.
Reaves Utility Predictive Forecast Models
Reaves Utility's time-series forecasting models is one of many Reaves Utility's 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 Reaves Utility'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 fund market movement and maximize returns from investment trading.
Things to note about Reaves Utility If
Checking the ongoing alerts about Reaves Utility for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Reaves Utility If help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Cash Dividend On The Way From Reaves Utility Income Fund - Nasdaq | |
| The fund generated three year return of -2.0% |
Check out Reaves Utility Backtesting, Portfolio Optimization, Reaves Utility Correlation, Reaves Utility Hype Analysis, Reaves Utility Volatility, Reaves Utility History as well as Reaves Utility Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.