Brigade High Income Etf Probability of Future Etf Price Finishing Over 10.97
| BHIIX Etf | 10.45 0.02 0.19% |
Brigade |
Brigade High Target Price Odds to finish over 10.97
The tendency of Brigade 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 10.97 or more in 90 days |
| 10.45 | 90 days | 10.97 | near 1 |
Based on a normal probability distribution, the odds of Brigade High to move over 10.97 or more in 90 days from now is near 1 (This Brigade High Income probability density function shows the probability of Brigade Etf to fall within a particular range of prices over 90 days) . Probability of Brigade High Income price to stay between its current price of 10.45 and 10.97 at the end of the 90-day period is about 12.07 .
Assuming the 90 days horizon Brigade High has a beta of 0.0708 suggesting as returns on the market go up, Brigade High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brigade High Income will be expected to be much smaller as well. Additionally Brigade High Income has an alpha of 0.0287, implying that it can generate a 0.0287 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Brigade High Price Density |
| Price |
Predictive Modules for Brigade High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brigade High Income. 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.Brigade High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brigade High is not an exception. The market had few large corrections towards the Brigade High'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 Brigade High Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brigade High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.39 |
Brigade High Technical Analysis
Brigade High's future price can be derived by breaking down and analyzing its technical indicators over time. Brigade Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brigade High Income. In general, you should focus on analyzing Brigade Etf price patterns and their correlations with different microeconomic environments and drivers.
Brigade High Predictive Forecast Models
Brigade High's time-series forecasting models is one of many Brigade High'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 Brigade High'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 Brigade High 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, Brigade High's short interest history, or implied volatility extrapolated from Brigade High options trading.
Other Information on Investing in Brigade Etf
Brigade High financial ratios help investors to determine whether Brigade Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brigade with respect to the benefits of owning Brigade High security.