Microsectors Solactive Fang Etf Probability of Future Etf Price Finishing Under 164.45
| BULZ Etf | USD 163.11 1.26 0.78% |
MicroSectors |
MicroSectors Solactive Target Price Odds to finish below 164.45
The tendency of MicroSectors 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 stay under $ 164.45 after 90 days |
| 163.11 | 90 days | 164.45 | about 91.11 |
Based on a normal probability distribution, the odds of MicroSectors Solactive to stay under $ 164.45 after 90 days from now is about 91.11 (This MicroSectors Solactive FANG probability density function shows the probability of MicroSectors Etf to fall within a particular range of prices over 90 days) . Probability of MicroSectors Solactive price to stay between its current price of $ 163.11 and $ 164.45 at the end of the 90-day period is about 1.41 .
Given the investment horizon of 90 days the etf has the beta coefficient of 3.72 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, MicroSectors Solactive will likely underperform. Additionally MicroSectors Solactive FANG 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. MicroSectors Solactive Price Density |
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Predictive Modules for MicroSectors Solactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MicroSectors Solactive. 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.MicroSectors Solactive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MicroSectors Solactive is not an exception. The market had few large corrections towards the MicroSectors Solactive'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 MicroSectors Solactive FANG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MicroSectors Solactive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 3.72 | |
σ | Overall volatility | 16.11 | |
Ir | Information ratio | 0.06 |
MicroSectors Solactive 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 MicroSectors Solactive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MicroSectors Solactive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MicroSectors Solactive had very high historical volatility over the last 90 days | |
| The fund created three year return of -21.0% | |
| MicroSectors Solactive holds all of its assets under management (AUM) in equities |
MicroSectors Solactive Technical Analysis
MicroSectors Solactive's future price can be derived by breaking down and analyzing its technical indicators over time. MicroSectors Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MicroSectors Solactive FANG. In general, you should focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environments and drivers.
MicroSectors Solactive Predictive Forecast Models
MicroSectors Solactive's time-series forecasting models is one of many MicroSectors Solactive'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 MicroSectors Solactive'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 MicroSectors Solactive
Checking the ongoing alerts about MicroSectors Solactive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MicroSectors Solactive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MicroSectors Solactive had very high historical volatility over the last 90 days | |
| The fund created three year return of -21.0% | |
| MicroSectors Solactive holds all of its assets under management (AUM) in equities |
Check out MicroSectors Solactive Backtesting, Portfolio Optimization, MicroSectors Solactive Correlation, MicroSectors Solactive Hype Analysis, MicroSectors Solactive Volatility, MicroSectors Solactive History as well as MicroSectors Solactive Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of MicroSectors Solactive is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Solactive's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Solactive'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 MicroSectors Solactive's market value can be influenced by many factors that don't directly affect MicroSectors Solactive'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 MicroSectors Solactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Solactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Solactive'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.