Vaneck Gaming Etf Probability of Future Etf Price Finishing Over 44.62
| BJK Etf | USD 44.00 0.41 0.94% |
VanEck |
VanEck Gaming Target Price Odds to finish over 44.62
The tendency of VanEck 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 $ 44.62 or more in 90 days |
| 44.00 | 90 days | 44.62 | about 11.51 |
Based on a normal probability distribution, the odds of VanEck Gaming to move over $ 44.62 or more in 90 days from now is about 11.51 (This VanEck Gaming ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Gaming ETF price to stay between its current price of $ 44.00 and $ 44.62 at the end of the 90-day period is about 11.97 .
Considering the 90-day investment horizon VanEck Gaming has a beta of 0.68 suggesting as returns on the market go up, VanEck Gaming average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Gaming ETF will be expected to be much smaller as well. Additionally VanEck Gaming ETF has an alpha of 0.0226, implying that it can generate a 0.0226 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VanEck Gaming Price Density |
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Predictive Modules for VanEck Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Gaming ETF. 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.VanEck Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Gaming is not an exception. The market had few large corrections towards the VanEck Gaming'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 VanEck Gaming ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.02 |
VanEck Gaming 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 VanEck Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Gaming ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily | |
| The fund generated three year return of -1.0% | |
| VanEck Gaming ETF holds 98.46% of its assets under management (AUM) in equities |
VanEck Gaming Technical Analysis
VanEck Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Gaming ETF. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Gaming Predictive Forecast Models
VanEck Gaming's time-series forecasting models is one of many VanEck Gaming'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 VanEck Gaming'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 VanEck Gaming ETF
Checking the ongoing alerts about VanEck Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Gaming ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily | |
| The fund generated three year return of -1.0% | |
| VanEck Gaming ETF holds 98.46% of its assets under management (AUM) in equities |
Check out VanEck Gaming Backtesting, Portfolio Optimization, VanEck Gaming Correlation, VanEck Gaming Hype Analysis, VanEck Gaming Volatility, VanEck Gaming History as well as VanEck Gaming Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of VanEck Gaming ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Gaming's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gaming'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 VanEck Gaming's market value can be influenced by many factors that don't directly affect VanEck Gaming'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 VanEck Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gaming'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.