Capital BofA (Taiwan) Probability of Future Etf Price Finishing Under 40.61
| 00722B Etf | TWD 40.22 0.19 0.47% |
Capital |
Capital BofA Target Price Odds to finish below 40.61
The tendency of Capital Etf 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 NT$ 40.61 after 90 days |
| 40.22 | 90 days | 40.61 | over 95.49 |
Based on a normal probability distribution, the odds of Capital BofA to stay under NT$ 40.61 after 90 days from now is over 95.49 (This Capital BofA Merrill probability density function shows the probability of Capital Etf to fall within a particular range of prices over 90 days) . Probability of Capital BofA Merrill price to stay between its current price of NT$ 40.22 and NT$ 40.61 at the end of the 90-day period is about 8.25 .
Assuming the 90 days trading horizon Capital BofA has a beta of 0.0615. This suggests as returns on the market go up, Capital BofA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Capital BofA Merrill will be expected to be much smaller as well. Additionally Capital BofA Merrill has an alpha of 0.0178, implying that it can generate a 0.0178 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Capital BofA Price Density |
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Predictive Modules for Capital BofA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital BofA Merrill. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Capital BofA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capital BofA is not an exception. The market had few large corrections towards the Capital BofA'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 Capital BofA Merrill, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capital BofA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | -0.13 |
Capital BofA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Capital Etf often depends not only on the future outlook of the current and potential Capital BofA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Capital BofA's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 121.75k | |
| Average Daily Volume In Three Month | 133.63k |
Capital BofA Technical Analysis
Capital BofA's future price can be derived by breaking down and analyzing its technical indicators over time. Capital Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capital BofA Merrill. In general, you should focus on analyzing Capital Etf price patterns and their correlations with different microeconomic environments and drivers.
Capital BofA Predictive Forecast Models
Capital BofA's time-series forecasting models is one of many Capital BofA's etf 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 Capital BofA'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 etf market movement and maximize returns from investment trading.
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 BofA 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 BofA's short interest history, or implied volatility extrapolated from Capital BofA options trading.
Other Information on Investing in Capital Etf
Capital BofA financial ratios help investors to determine whether Capital Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Capital with respect to the benefits of owning Capital BofA security.