Chih Etf Chance of Future Etf Price Finishing Under 15.18
| CHIH Etf | USD 14.60 0.16 1.11% |
CHIH |
CHIH Target Price Odds to finish below 15.18
The tendency of CHIH 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 $ 15.18 after 90 days |
| 14.60 | 90 days | 15.18 | about 49.4 |
Based on a normal probability distribution, the odds of CHIH to stay under $ 15.18 after 90 days from now is about 49.4 (This CHIH probability density function shows the probability of CHIH Etf to fall within a particular range of prices over 90 days) . Probability of CHIH price to stay between its current price of $ 14.60 and $ 15.18 at the end of the 90-day period is about 22.03 .
Given the investment horizon of 90 days CHIH has a beta of -0.49 suggesting as returns on the benchmark increase, returns on holding CHIH are expected to decrease at a much lower rate. During a bear market, however, CHIH is likely to outperform the market. Additionally CHIH 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. CHIH Price Density |
| Price |
Predictive Modules for CHIH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHIH. 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.CHIH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHIH is not an exception. The market had few large corrections towards the CHIH'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 CHIH, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHIH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.22 |
CHIH 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 CHIH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHIH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHIH is not yet fully synchronised with the market data | |
| CHIH created five year return of -5.0% | |
| This fund holds 99.95% of its assets under management (AUM) in equities |
CHIH Technical Analysis
CHIH's future price can be derived by breaking down and analyzing its technical indicators over time. CHIH Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHIH. In general, you should focus on analyzing CHIH Etf price patterns and their correlations with different microeconomic environments and drivers.
CHIH Predictive Forecast Models
CHIH's time-series forecasting models is one of many CHIH'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 CHIH'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 CHIH
Checking the ongoing alerts about CHIH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHIH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHIH is not yet fully synchronised with the market data | |
| CHIH created five year return of -5.0% | |
| This fund holds 99.95% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of CHIH is measured differently than its book value, which is the value of CHIH that is recorded on the company's balance sheet. Investors also form their own opinion of CHIH's value that differs from its market value or its book value, called intrinsic value, which is CHIH'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 CHIH's market value can be influenced by many factors that don't directly affect CHIH'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 CHIH's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIH'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.