Shinhan Leverage (Korea) Probability of Future Etf Price Finishing Under 859.85
| 500019 Etf | 886.00 26.00 3.02% |
Shinhan |
Shinhan Leverage Target Price Odds to finish below 859.85
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 859.85 or more in 90 days |
| 886.00 | 90 days | 859.85 | about 17.5 |
Based on a normal probability distribution, the odds of Shinhan Leverage to drop to 859.85 or more in 90 days from now is about 17.5 (This Shinhan Leverage WTI probability density function shows the probability of Shinhan Etf to fall within a particular range of prices over 90 days) . Probability of Shinhan Leverage WTI price to stay between 859.85 and its current price of 886.0 at the end of the 90-day period is about 12.81 .
Assuming the 90 days trading horizon Shinhan Leverage has a beta of 0.89. This suggests Shinhan Leverage WTI market returns are sensitive to returns on the market. As the market goes up or down, Shinhan Leverage is expected to follow. Additionally Shinhan Leverage WTI 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 Leverage Price Density |
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Predictive Modules for Shinhan Leverage
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 Leverage WTI. 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 Leverage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinhan Leverage is not an exception. The market had few large corrections towards the Shinhan Leverage'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 Leverage WTI, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinhan Leverage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 62.55 | |
Ir | Information ratio | -0.09 |
Shinhan Leverage 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 Leverage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinhan Leverage WTI 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 Leverage WTI had very high historical volatility over the last 90 days |
Shinhan Leverage Technical Analysis
Shinhan Leverage'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 Leverage WTI. In general, you should focus on analyzing Shinhan Etf price patterns and their correlations with different microeconomic environments and drivers.
Shinhan Leverage Predictive Forecast Models
Shinhan Leverage's time-series forecasting models is one of many Shinhan Leverage'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 Leverage'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 Leverage WTI
Checking the ongoing alerts about Shinhan Leverage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinhan Leverage WTI help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinhan Leverage WTI had very high historical volatility over the last 90 days |