Chir Etf Chance of Future Etf Price Finishing Over 17.11
| CHIR Etf | USD 17.11 0.50 3.01% |
CHIR |
CHIR Target Price Odds to finish over 17.11
The tendency of CHIR 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 above the current price in 90 days |
| 17.11 | 90 days | 17.11 | about 81.68 |
Based on a normal probability distribution, the odds of CHIR to move above the current price in 90 days from now is about 81.68 (This CHIR probability density function shows the probability of CHIR Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days CHIR has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding CHIR are expected to decrease at a much lower rate. During a bear market, however, CHIR is likely to outperform the market. Additionally CHIR 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. CHIR Price Density |
| Price |
Predictive Modules for CHIR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHIR. 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.CHIR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHIR is not an exception. The market had few large corrections towards the CHIR'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 CHIR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHIR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | -0.17 |
CHIR 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 CHIR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHIR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHIR is not yet fully synchronised with the market data | |
| CHIR created five year return of -22.0% | |
| This fund holds 100.03% of its assets under management (AUM) in equities |
CHIR Technical Analysis
CHIR's future price can be derived by breaking down and analyzing its technical indicators over time. CHIR Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHIR. In general, you should focus on analyzing CHIR Etf price patterns and their correlations with different microeconomic environments and drivers.
CHIR Predictive Forecast Models
CHIR's time-series forecasting models is one of many CHIR'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 CHIR'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 CHIR
Checking the ongoing alerts about CHIR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHIR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHIR is not yet fully synchronised with the market data | |
| CHIR created five year return of -22.0% | |
| This fund holds 100.03% 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of CHIR is measured differently than its book value, which is the value of CHIR that is recorded on the company's balance sheet. Investors also form their own opinion of CHIR's value that differs from its market value or its book value, called intrinsic value, which is CHIR'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 CHIR's market value can be influenced by many factors that don't directly affect CHIR'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 CHIR's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIR'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.