Themes Robotics Automation Etf Probability of Future Etf Price Finishing Under 24.88
| BOTT Etf | 27.67 0.18 0.65% |
Themes |
Themes Robotics Target Price Odds to finish below 24.88
The tendency of Themes 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 24.88 or more in 90 days |
| 27.67 | 90 days | 24.88 | near 1 |
Based on a normal probability distribution, the odds of Themes Robotics to drop to 24.88 or more in 90 days from now is near 1 (This Themes Robotics Automation probability density function shows the probability of Themes Etf to fall within a particular range of prices over 90 days) . Probability of Themes Robotics Auto price to stay between 24.88 and its current price of 27.67 at the end of the 90-day period is about 65.23 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.37 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Themes Robotics will likely underperform. Additionally Themes Robotics Automation 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. Themes Robotics Price Density |
| Price |
Predictive Modules for Themes Robotics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Themes Robotics Auto. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Themes Robotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Themes Robotics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Themes Robotics is not an exception. The market had few large corrections towards the Themes Robotics' 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 Themes Robotics Automation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Themes Robotics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 1.37 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.04 |
Themes Robotics Technical Analysis
Themes Robotics' future price can be derived by breaking down and analyzing its technical indicators over time. Themes Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Themes Robotics Automation. In general, you should focus on analyzing Themes Etf price patterns and their correlations with different microeconomic environments and drivers.
Themes Robotics Predictive Forecast Models
Themes Robotics' time-series forecasting models is one of many Themes Robotics' 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 Themes Robotics' 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 Themes Robotics 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, Themes Robotics' short interest history, or implied volatility extrapolated from Themes Robotics options trading.
Check out Themes Robotics Backtesting, Portfolio Optimization, Themes Robotics Correlation, Themes Robotics Hype Analysis, Themes Robotics Volatility, Themes Robotics History as well as Themes Robotics Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Themes Robotics Auto is measured differently than its book value, which is the value of Themes that is recorded on the company's balance sheet. Investors also form their own opinion of Themes Robotics' value that differs from its market value or its book value, called intrinsic value, which is Themes Robotics' 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 Themes Robotics' market value can be influenced by many factors that don't directly affect Themes Robotics' 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 Themes Robotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Robotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Robotics' 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.