Profunds Short Bitcoin Fund Probability of Future Mutual Fund Price Finishing Under 28.77
| BITIX Fund | USD 28.10 1.13 4.19% |
Profunds |
Profunds Short Target Price Odds to finish below 28.77
The tendency of Profunds Mutual Fund 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 stay under $ 28.77 after 90 days |
| 28.10 | 90 days | 28.77 | about 15.5 |
Based on a normal probability distribution, the odds of Profunds Short to stay under $ 28.77 after 90 days from now is about 15.5 (This Profunds Short Bitcoin probability density function shows the probability of Profunds Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Profunds Short Bitcoin price to stay between its current price of $ 28.10 and $ 28.77 at the end of the 90-day period is roughly 2.01 .
Assuming the 90 days horizon Profunds Short Bitcoin has a beta of -1.85 suggesting as returns on its benchmark rise, returns on holding Profunds Short Bitcoin are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Profunds Short is expected to outperform its benchmark. Additionally Profunds Short Bitcoin 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. Profunds Short Price Density |
| Price |
Predictive Modules for Profunds Short
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Profunds Short Bitcoin. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.Profunds Short Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Profunds Short is not an exception. The market had few large corrections towards the Profunds Short'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 Profunds Short Bitcoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Profunds Short within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.62 | |
β | Beta against Dow Jones | -1.85 | |
σ | Overall volatility | 7.61 | |
Ir | Information ratio | -0.2 |
Profunds Short 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 Profunds Short for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Profunds Short Bitcoin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Profunds Short generated a negative expected return over the last 90 days | |
| Profunds Short has high historical volatility and very poor performance |
Profunds Short 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 Profunds Mutual Fund often depends not only on the future outlook of the current and potential Profunds Short'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. Profunds Short's indicators that are reflective of the short sentiment are summarized in the table below.
Profunds Short Technical Analysis
Profunds Short's future price can be derived by breaking down and analyzing its technical indicators over time. Profunds Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Profunds Short Bitcoin. In general, you should focus on analyzing Profunds Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Profunds Short Predictive Forecast Models
Profunds Short's time-series forecasting models is one of many Profunds Short's mutual fund 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 Profunds Short'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Profunds Short Bitcoin
Checking the ongoing alerts about Profunds Short for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Profunds Short Bitcoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Profunds Short generated a negative expected return over the last 90 days | |
| Profunds Short has high historical volatility and very poor performance |
Other Information on Investing in Profunds Mutual Fund
Profunds Short financial ratios help investors to determine whether Profunds Mutual Fund 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 Profunds with respect to the benefits of owning Profunds Short security.
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