Breakwave Dry Bulk Etf Probability of Future Etf Price Finishing Over 19.58
| BDRY Etf | USD 7.23 0.27 3.60% |
Breakwave |
Breakwave Dry Target Price Odds to finish over 19.58
The tendency of Breakwave 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 move over $ 19.58 or more in 90 days |
| 7.23 | 90 days | 19.58 | near 1 |
Based on a normal probability distribution, the odds of Breakwave Dry to move over $ 19.58 or more in 90 days from now is near 1 (This Breakwave Dry Bulk probability density function shows the probability of Breakwave Etf to fall within a particular range of prices over 90 days) . Probability of Breakwave Dry Bulk price to stay between its current price of $ 7.23 and $ 19.58 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days Breakwave Dry Bulk has a beta of -0.24 suggesting as returns on the benchmark increase, returns on holding Breakwave Dry are expected to decrease at a much lower rate. During a bear market, however, Breakwave Dry Bulk is likely to outperform the market. Additionally Breakwave Dry Bulk 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. Breakwave Dry Price Density |
| Price |
Predictive Modules for Breakwave Dry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Breakwave Dry Bulk. 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.Breakwave Dry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Breakwave Dry is not an exception. The market had few large corrections towards the Breakwave Dry'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 Breakwave Dry Bulk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Breakwave Dry within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.25 |
Breakwave Dry 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 Breakwave Dry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Breakwave Dry Bulk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Breakwave Dry Bulk generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Baltic Dry Index Sees Sharpest Decline in Over Three Weeks Amid Falling Freight Rates | |
| Breakwave Dry Bulk created five year return of -16.0% | |
| This fund holds 94.25% of its assets under management (AUM) in equities |
Breakwave Dry Technical Analysis
Breakwave Dry's future price can be derived by breaking down and analyzing its technical indicators over time. Breakwave Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Breakwave Dry Bulk. In general, you should focus on analyzing Breakwave Etf price patterns and their correlations with different microeconomic environments and drivers.
Breakwave Dry Predictive Forecast Models
Breakwave Dry's time-series forecasting models is one of many Breakwave Dry'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 Breakwave Dry'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 Breakwave Dry Bulk
Checking the ongoing alerts about Breakwave Dry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Breakwave Dry Bulk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Breakwave Dry Bulk generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Baltic Dry Index Sees Sharpest Decline in Over Three Weeks Amid Falling Freight Rates | |
| Breakwave Dry Bulk created five year return of -16.0% | |
| This fund holds 94.25% of its assets under management (AUM) in equities |
Check out Breakwave Dry Backtesting, Portfolio Optimization, Breakwave Dry Correlation, Breakwave Dry Hype Analysis, Breakwave Dry Volatility, Breakwave Dry History as well as Breakwave Dry Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Breakwave Dry Bulk is measured differently than its book value, which is the value of Breakwave that is recorded on the company's balance sheet. Investors also form their own opinion of Breakwave Dry's value that differs from its market value or its book value, called intrinsic value, which is Breakwave Dry'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 Breakwave Dry's market value can be influenced by many factors that don't directly affect Breakwave Dry'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 Breakwave Dry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Breakwave Dry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Breakwave Dry'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.