MiraeAsset TIGER (Korea) Probability of Future Etf Price Finishing Under 12220.57
| 245350 Etf | 11,815 25.00 0.21% |
MiraeAsset |
MiraeAsset TIGER Target Price Odds to finish below 12220.57
The tendency of MiraeAsset 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 12,221 after 90 days |
| 11,815 | 90 days | 12,221 | about 72.32 |
Based on a normal probability distribution, the odds of MiraeAsset TIGER to stay under 12,221 after 90 days from now is about 72.32 (This MiraeAsset TIGER EURO probability density function shows the probability of MiraeAsset Etf to fall within a particular range of prices over 90 days) . Probability of MiraeAsset TIGER EURO price to stay between its current price of 11,815 and 12,221 at the end of the 90-day period is about 66.85 .
Assuming the 90 days trading horizon MiraeAsset TIGER EURO has a beta of -0.0587. This suggests as returns on the benchmark increase, returns on holding MiraeAsset TIGER are expected to decrease at a much lower rate. During a bear market, however, MiraeAsset TIGER EURO is likely to outperform the market. Additionally MiraeAsset TIGER EURO has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. MiraeAsset TIGER Price Density |
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Predictive Modules for MiraeAsset TIGER
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MiraeAsset TIGER EURO. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as MiraeAsset TIGER. Your research has to be compared to or analyzed against MiraeAsset TIGER's peers to derive any actionable benefits. When done correctly, MiraeAsset TIGER's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MiraeAsset TIGER EURO.MiraeAsset TIGER Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MiraeAsset TIGER is not an exception. The market had few large corrections towards the MiraeAsset TIGER'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 MiraeAsset TIGER EURO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MiraeAsset TIGER within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0049 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 187.59 | |
Ir | Information ratio | -0.18 |
MiraeAsset TIGER 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 MiraeAsset TIGER for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MiraeAsset TIGER EURO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MiraeAsset TIGER generated a negative expected return over the last 90 days |
MiraeAsset TIGER Technical Analysis
MiraeAsset TIGER's future price can be derived by breaking down and analyzing its technical indicators over time. MiraeAsset Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MiraeAsset TIGER EURO. In general, you should focus on analyzing MiraeAsset Etf price patterns and their correlations with different microeconomic environments and drivers.
MiraeAsset TIGER Predictive Forecast Models
MiraeAsset TIGER's time-series forecasting models is one of many MiraeAsset TIGER'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 MiraeAsset TIGER'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.
Things to note about MiraeAsset TIGER EURO
Checking the ongoing alerts about MiraeAsset TIGER for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MiraeAsset TIGER EURO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MiraeAsset TIGER generated a negative expected return over the last 90 days |