MicroSectors FANG Etf Forecast - Jensen Alpha
| FNGS Etf | USD 53.21 0.82 1.52% |
MicroSectors Etf Forecast is based on your current time horizon.
MicroSectors |
Open Interest Against 2024-12-20 MicroSectors Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast MicroSectors FANG's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in MicroSectors FANG's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for MicroSectors FANG stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current MicroSectors FANG's open interest, investors have to compare it to MicroSectors FANG's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of MicroSectors FANG is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in MicroSectors. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check MicroSectors FANG Volatility | Backtest MicroSectors FANG | Information Ratio |
MicroSectors FANG Trading Date Momentum
| On November 29 2024 MicroSectors FANG ETN was traded for 53.21 at the closing time. The top price for the day was 53.68 and the lowest listed price was 52.70 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.88% . |
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Other Forecasting Options for MicroSectors FANG
For every potential investor in MicroSectors, whether a beginner or expert, MicroSectors FANG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MicroSectors Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MicroSectors. Basic forecasting techniques help filter out the noise by identifying MicroSectors FANG's price trends.MicroSectors FANG 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 MicroSectors FANG etf to make a market-neutral strategy. Peer analysis of MicroSectors FANG could also be used in its relative valuation, which is a method of valuing MicroSectors FANG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MicroSectors FANG ETN Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MicroSectors FANG'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 MicroSectors FANG's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MicroSectors FANG Market Strength Events
Market strength indicators help investors to evaluate how MicroSectors FANG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectors FANG shares will generate the highest return on investment. By undertsting and applying MicroSectors FANG etf market strength indicators, traders can identify MicroSectors FANG ETN entry and exit signals to maximize returns.
MicroSectors FANG Risk Indicators
The analysis of MicroSectors FANG'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 MicroSectors FANG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting microsectors etf 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 | 1.1 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 | |||
| Downside Variance | 3.31 | |||
| Semi Variance | 2.45 | |||
| Expected Short fall | (1.10) |
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.
Thematic Opportunities
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Check out Historical Fundamental Analysis of MicroSectors FANG to cross-verify your projections. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of MicroSectors FANG ETN is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.