Shinhan Copper (Korea) Probability of Future Etf Price Finishing Under 18336.38
| 500018 Etf | 18,715 75.00 0.40% |
Shinhan |
Shinhan Copper Target Price Odds to finish below 18336.38
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 drop to 18,336 or more in 90 days |
| 18,715 | 90 days | 18,336 | about 5.56 |
Based on a normal probability distribution, the odds of Shinhan Copper to drop to 18,336 or more in 90 days from now is about 5.56 (This Shinhan Copper Futures probability density function shows the probability of Shinhan Etf to fall within a particular range of prices over 90 days) . Probability of Shinhan Copper Futures price to stay between 18,336 and its current price of 18715.0 at the end of the 90-day period is about 9.39 .
Assuming the 90 days trading horizon Shinhan Copper Futures has a beta of -0.45. This suggests as returns on the benchmark increase, returns on holding Shinhan Copper are expected to decrease at a much lower rate. During a bear market, however, Shinhan Copper Futures is likely to outperform the market. Additionally Shinhan Copper Futures has an alpha of 0.0405, implying that it can generate a 0.0405 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shinhan Copper Price Density |
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Predictive Modules for Shinhan Copper
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 Copper Futures. 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 Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinhan Copper is not an exception. The market had few large corrections towards the Shinhan Copper'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 Copper Futures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinhan Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 687.80 | |
Ir | Information ratio | -0.11 |
Shinhan Copper 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 Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinhan Copper Futures 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 Copper generated a negative expected return over the last 90 days |
Shinhan Copper Technical Analysis
Shinhan Copper'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 Copper Futures. In general, you should focus on analyzing Shinhan Etf price patterns and their correlations with different microeconomic environments and drivers.
Shinhan Copper Predictive Forecast Models
Shinhan Copper's time-series forecasting models is one of many Shinhan Copper'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 Copper'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 Copper Futures
Checking the ongoing alerts about Shinhan Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinhan Copper Futures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinhan Copper generated a negative expected return over the last 90 days |