TNMAX Mutual Fund Probability of Future Mutual Fund Price Finishing Over 8.96

TNMAX
 Fund
  

USD 8.96  0.01  0.11%   

1290 MULTI-ALTERNATIV's future price is the expected price of 1290 MULTI-ALTERNATIV instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of 1290 MULTI-ALTERNATIVE STRATEGIES performance during a given time horizon utilizing its historical volatility.
  
Additionally, take a look at 1290 MULTI-ALTERNATIV Backtesting, Portfolio Optimization, 1290 MULTI-ALTERNATIV Correlation, 1290 MULTI-ALTERNATIV Hype Analysis, 1290 MULTI-ALTERNATIV Volatility, 1290 MULTI-ALTERNATIV History as well as 1290 MULTI-ALTERNATIV Performance. Please specify 1290 MULTI-ALTERNATIV time horizon, a valid symbol (red box) and a target price (blue box) you would like 1290 MULTI-ALTERNATIV odds to be computed.

1290 MULTI-ALTERNATIV Target Price Odds to finish over 8.96

The tendency of TNMAX 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 8.96 90 days 8.96 
about 21.19
Based on a normal probability distribution, the odds of 1290 MULTI-ALTERNATIV to move above the current price in 90 days from now is about 21.19 (This 1290 MULTI-ALTERNATIVE STRATEGIES probability density function shows the probability of TNMAX Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon 1290 MULTI-ALTERNATIV has a beta of 0.42. This usually implies as returns on the market go up, 1290 MULTI-ALTERNATIV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 1290 MULTI-ALTERNATIVE STRATEGIES will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. 1290 MULTI-ALTERNATIVE is significantly underperforming NYSE Composite.
   1290 MULTI-ALTERNATIV Price Density   
       Price  

Predictive Modules for 1290 MULTI-ALTERNATIV

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1290 MULTI-ALTERNATIVE. 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 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIV in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.298.969.63
Details
Intrinsic
Valuation
LowReal ValueHigh
8.288.959.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 1290 MULTI-ALTERNATIV. Your research has to be compared to or analyzed against 1290 MULTI-ALTERNATIV's peers to derive any actionable benefits. When done correctly, 1290 MULTI-ALTERNATIV's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in 1290 MULTI-ALTERNATIVE.

1290 MULTI-ALTERNATIV Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. 1290 MULTI-ALTERNATIV is not an exception. The market had few large corrections towards the 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIVE STRATEGIES, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 1290 MULTI-ALTERNATIV within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.07
β
Beta against NYSE Composite0.42
σ
Overall volatility
0.15
Ir
Information ratio -0.19

1290 MULTI-ALTERNATIV 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 1290 MULTI-ALTERNATIV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 1290 MULTI-ALTERNATIVE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
1290 MULTI-ALTERNATIV generated a negative expected return over the last 90 days
1290 MULTI-ALTERNATIV is unlikely to experience financial distress in the next 2 years
The fund generated three year return of -1.0%
1290 MULTI-ALTERNATIVE maintains about 39.15% of its assets in cash

1290 MULTI-ALTERNATIV Technical Analysis

1290 MULTI-ALTERNATIV's future price can be derived by breaking down and analyzing its technical indicators over time. TNMAX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 1290 MULTI-ALTERNATIVE STRATEGIES. In general, you should focus on analyzing TNMAX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

1290 MULTI-ALTERNATIV Predictive Forecast Models

1290 MULTI-ALTERNATIV time-series forecasting models is one of many 1290 MULTI-ALTERNATIV's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIVE

Checking the ongoing alerts about 1290 MULTI-ALTERNATIV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 1290 MULTI-ALTERNATIVE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
1290 MULTI-ALTERNATIV generated a negative expected return over the last 90 days
1290 MULTI-ALTERNATIV is unlikely to experience financial distress in the next 2 years
The fund generated three year return of -1.0%
1290 MULTI-ALTERNATIVE maintains about 39.15% of its assets in cash
Additionally, take a look at 1290 MULTI-ALTERNATIV Backtesting, Portfolio Optimization, 1290 MULTI-ALTERNATIV Correlation, 1290 MULTI-ALTERNATIV Hype Analysis, 1290 MULTI-ALTERNATIV Volatility, 1290 MULTI-ALTERNATIV History as well as 1290 MULTI-ALTERNATIV Performance. Note that the 1290 MULTI-ALTERNATIVE information on this page should be used as a complementary analysis to other 1290 MULTI-ALTERNATIV'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running 1290 MULTI-ALTERNATIVE price analysis, check to measure 1290 MULTI-ALTERNATIV'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 1290 MULTI-ALTERNATIV is operating at the current time. Most of 1290 MULTI-ALTERNATIV's value examination focuses on studying past and present price action to predict the probability of 1290 MULTI-ALTERNATIV's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1290 MULTI-ALTERNATIV's price. Additionally, you may evaluate how the addition of 1290 MULTI-ALTERNATIV to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between 1290 MULTI-ALTERNATIV's value and its price as these two are different measures arrived at by different means. Investors typically determine 1290 MULTI-ALTERNATIV value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 MULTI-ALTERNATIV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.