Egshares Blue Chip Etf Probability of Future Etf Price Finishing Under 34.13
| BCHP Etf | USD 34.65 0.29 0.84% |
EGSHARES |
EGSHARES BLUE Target Price Odds to finish below 34.13
The tendency of EGSHARES 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 $ 34.13 or more in 90 days |
| 34.65 | 90 days | 34.13 | about 89.72 |
Based on a normal probability distribution, the odds of EGSHARES BLUE to drop to $ 34.13 or more in 90 days from now is about 89.72 (This EGSHARES BLUE CHIP probability density function shows the probability of EGSHARES Etf to fall within a particular range of prices over 90 days) . Probability of EGSHARES BLUE CHIP price to stay between $ 34.13 and its current price of $34.65 at the end of the 90-day period is about 7.23 .
Given the investment horizon of 90 days EGSHARES BLUE has a beta of 0.82 suggesting as returns on the market go up, EGSHARES BLUE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EGSHARES BLUE CHIP will be expected to be much smaller as well. Additionally EGSHARES BLUE CHIP has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EGSHARES BLUE Price Density |
| Price |
Predictive Modules for EGSHARES BLUE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EGSHARES BLUE CHIP. 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.EGSHARES BLUE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EGSHARES BLUE is not an exception. The market had few large corrections towards the EGSHARES BLUE'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 EGSHARES BLUE CHIP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EGSHARES BLUE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | -0.0083 |
EGSHARES BLUE 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 EGSHARES BLUE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EGSHARES BLUE CHIP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund yields 0.0% to date and shows negative annual yield of 1.0% | |
| EGSHARES BLUE CHIP holds 99.73% of its assets under management (AUM) in equities |
EGSHARES BLUE Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of EGSHARES Etf often depends not only on the future outlook of the current and potential EGSHARES BLUE's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EGSHARES BLUE's indicators that are reflective of the short sentiment are summarized in the table below.
EGSHARES BLUE Technical Analysis
EGSHARES BLUE's future price can be derived by breaking down and analyzing its technical indicators over time. EGSHARES Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EGSHARES BLUE CHIP. In general, you should focus on analyzing EGSHARES Etf price patterns and their correlations with different microeconomic environments and drivers.
EGSHARES BLUE Predictive Forecast Models
EGSHARES BLUE's time-series forecasting models is one of many EGSHARES BLUE'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 EGSHARES BLUE'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 EGSHARES BLUE CHIP
Checking the ongoing alerts about EGSHARES BLUE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EGSHARES BLUE CHIP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund yields 0.0% to date and shows negative annual yield of 1.0% | |
| EGSHARES BLUE CHIP holds 99.73% of its assets under management (AUM) in equities |
Check out EGSHARES BLUE Backtesting, Portfolio Optimization, EGSHARES BLUE Correlation, EGSHARES BLUE Hype Analysis, EGSHARES BLUE Volatility, EGSHARES BLUE History as well as EGSHARES BLUE Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of EGSHARES BLUE CHIP is measured differently than its book value, which is the value of EGSHARES that is recorded on the company's balance sheet. Investors also form their own opinion of EGSHARES BLUE's value that differs from its market value or its book value, called intrinsic value, which is EGSHARES BLUE'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 EGSHARES BLUE's market value can be influenced by many factors that don't directly affect EGSHARES BLUE'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 EGSHARES BLUE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGSHARES BLUE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGSHARES BLUE'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.