Shinhan SOL (Korea) Probability of Future Etf Price Finishing Under 15899.06
| 292500 Etf | 15,650 55.00 0.35% |
Shinhan |
Shinhan SOL Target Price Odds to finish below 15899.06
The tendency of Shinhan 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 15,899 after 90 days |
| 15,650 | 90 days | 15,899 | about 15.13 |
Based on a normal probability distribution, the odds of Shinhan SOL to stay under 15,899 after 90 days from now is about 15.13 (This Shinhan SOL KRX300 probability density function shows the probability of Shinhan Etf to fall within a particular range of prices over 90 days) . Probability of Shinhan SOL KRX300 price to stay between its current price of 15,650 and 15,899 at the end of the 90-day period is about 8.45 .
Assuming the 90 days trading horizon Shinhan SOL has a beta of 0.17. This suggests as returns on the market go up, Shinhan SOL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shinhan SOL KRX300 will be expected to be much smaller as well. Additionally Shinhan SOL KRX300 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. Shinhan SOL Price Density |
| Price |
Predictive Modules for Shinhan SOL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shinhan SOL KRX300. 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.Shinhan SOL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinhan SOL is not an exception. The market had few large corrections towards the Shinhan SOL'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 Shinhan SOL KRX300, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinhan SOL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 538.31 | |
Ir | Information ratio | -0.25 |
Shinhan SOL 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 Shinhan SOL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinhan SOL KRX300 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinhan SOL KRX300 generated a negative expected return over the last 90 days |
Shinhan SOL Technical Analysis
Shinhan SOL's future price can be derived by breaking down and analyzing its technical indicators over time. Shinhan Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinhan SOL KRX300. In general, you should focus on analyzing Shinhan Etf price patterns and their correlations with different microeconomic environments and drivers.
Shinhan SOL Predictive Forecast Models
Shinhan SOL's time-series forecasting models is one of many Shinhan SOL'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 Shinhan SOL'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 Shinhan SOL KRX300
Checking the ongoing alerts about Shinhan SOL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinhan SOL KRX300 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinhan SOL KRX300 generated a negative expected return over the last 90 days |