Themes Silver Miners Etf Probability of Future Etf Price Finishing Under 20.32
| AGMI Etf | 27.31 0.09 0.33% |
Themes |
Themes Silver Target Price Odds to finish below 20.32
The tendency of Themes 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 20.32 or more in 90 days |
| 27.31 | 90 days | 20.32 | near 1 |
Based on a normal probability distribution, the odds of Themes Silver to drop to 20.32 or more in 90 days from now is near 1 (This Themes Silver Miners probability density function shows the probability of Themes Etf to fall within a particular range of prices over 90 days) . Probability of Themes Silver Miners price to stay between 20.32 and its current price of 27.31 at the end of the 90-day period is about 25.28 .
Given the investment horizon of 90 days Themes Silver has a beta of 0.49. This suggests as returns on the market go up, Themes Silver average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Themes Silver Miners will be expected to be much smaller as well. Additionally Themes Silver Miners 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. Themes Silver Price Density |
| Price |
Predictive Modules for Themes Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Themes Silver Miners. 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.Themes Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Themes Silver is not an exception. The market had few large corrections towards the Themes Silver'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 Themes Silver Miners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Themes Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 2.18 | |
Ir | Information ratio | -0.04 |
Themes Silver Technical Analysis
Themes Silver's future price can be derived by breaking down and analyzing its technical indicators over time. Themes Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Themes Silver Miners. In general, you should focus on analyzing Themes Etf price patterns and their correlations with different microeconomic environments and drivers.
Themes Silver Predictive Forecast Models
Themes Silver's time-series forecasting models is one of many Themes Silver'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 Themes Silver'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 Themes Silver 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, Themes Silver's short interest history, or implied volatility extrapolated from Themes Silver options trading.
Check out Themes Silver Backtesting, Portfolio Optimization, Themes Silver Correlation, Themes Silver Hype Analysis, Themes Silver Volatility, Themes Silver History as well as Themes Silver Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Themes Silver Miners is measured differently than its book value, which is the value of Themes that is recorded on the company's balance sheet. Investors also form their own opinion of Themes Silver's value that differs from its market value or its book value, called intrinsic value, which is Themes Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Themes Silver's market value can be influenced by many factors that don't directly affect Themes Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Themes Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.