Capital World Mutual Fund Forecast - Sortino Ratio
| CWGFX Fund | USD 62.26 0.15 0.24% |
Capital Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Capital World stock prices and determine the direction of Capital World Growth's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Capital World's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Capital World to cross-verify your projections. Capital |
Most investors in Capital World cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Capital World's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Capital World's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Capital World Volatility | Backtest Capital World | Information Ratio |
Capital World Trading Date Momentum
| On April 19 2024 Capital World Growth was traded for 62.26 at the closing time. The highest daily price throughout the period was 62.26 and the lowest price was 62.26 . There was no trading activity during the period 0.0. Lack of trading volume on 04/19/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
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Other Forecasting Options for Capital World
For every potential investor in Capital, whether a beginner or expert, Capital World's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Capital Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Capital. Basic forecasting techniques help filter out the noise by identifying Capital World's price trends.Capital World Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Capital World mutual fund to make a market-neutral strategy. Peer analysis of Capital World could also be used in its relative valuation, which is a method of valuing Capital World by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Capital World Growth Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Capital World's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Capital World's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Capital World Market Strength Events
Market strength indicators help investors to evaluate how Capital World mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Capital World shares will generate the highest return on investment. By undertsting and applying Capital World mutual fund market strength indicators, traders can identify Capital World Growth entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 62.26 | |||
| Day Typical Price | 62.26 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.15) | |||
| Relative Strength Index | 83.05 |
Capital World Risk Indicators
The analysis of Capital World's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Capital World's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting capital mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5072 | |||
| Semi Deviation | 0.4789 | |||
| Standard Deviation | 0.6614 | |||
| Variance | 0.4375 | |||
| Downside Variance | 0.4113 | |||
| Semi Variance | 0.2293 | |||
| Expected Short fall | (0.55) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Capital World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Capital World's short interest history, or implied volatility extrapolated from Capital World options trading.
Pair Trading with Capital World
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Capital World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Capital World will appreciate offsetting losses from the drop in the long position's value.Moving together with Capital Mutual Fund
| 0.95 | AMECX | Income Fund Potential Growth | PairCorr |
| 0.99 | RNEBX | New World Fund | PairCorr |
| 0.96 | AMFCX | American Mutual | PairCorr |
| 0.97 | AMFFX | American Mutual | PairCorr |
| 0.93 | RNCCX | American Funds Me | PairCorr |
The ability to find closely correlated positions to Capital World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capital World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capital World Growth to buy it.
The correlation of Capital World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capital World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital World Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Capital World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Capital World to cross-verify your projections. Note that the Capital World Growth information on this page should be used as a complementary analysis to other Capital World'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.