Graniteshares 1x Short Etf Probability of Future Etf Price Finishing Under 2.44
| CONI Etf | 10.42 0.46 4.62% |
GraniteShares |
GraniteShares Target Price Odds to finish below 2.44
The tendency of GraniteShares 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 2.44 or more in 90 days |
| 10.42 | 90 days | 2.44 | near 1 |
Based on a normal probability distribution, the odds of GraniteShares to drop to 2.44 or more in 90 days from now is near 1 (This GraniteShares 1x Short probability density function shows the probability of GraniteShares Etf to fall within a particular range of prices over 90 days) . Probability of GraniteShares 1x Short price to stay between 2.44 and its current price of 10.42 at the end of the 90-day period is about 5.85 .
Given the investment horizon of 90 days GraniteShares 1x Short has a beta of -4.8 suggesting as returns on its benchmark rise, returns on holding GraniteShares 1x Short are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, GraniteShares is expected to outperform its benchmark. Additionally GraniteShares 1x Short 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. GraniteShares Price Density |
| Price |
Predictive Modules for GraniteShares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GraniteShares 1x Short. 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.GraniteShares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GraniteShares is not an exception. The market had few large corrections towards the GraniteShares' 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 GraniteShares 1x Short, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GraniteShares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.76 | |
β | Beta against Dow Jones | -4.8 | |
σ | Overall volatility | 6.04 | |
Ir | Information ratio | -0.21 |
GraniteShares 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 GraniteShares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GraniteShares 1x Short can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GraniteShares generated a negative expected return over the last 90 days | |
| GraniteShares has high historical volatility and very poor performance | |
| Latest headline from talkmarkets.com: How to Earn Up to 200 percent Yields With These Market-Proof ETFs |
GraniteShares Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of GraniteShares Etf often depends not only on the future outlook of the current and potential GraniteShares' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. GraniteShares' indicators that are reflective of the short sentiment are summarized in the table below.
GraniteShares Technical Analysis
GraniteShares' future price can be derived by breaking down and analyzing its technical indicators over time. GraniteShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GraniteShares 1x Short. In general, you should focus on analyzing GraniteShares Etf price patterns and their correlations with different microeconomic environments and drivers.
GraniteShares Predictive Forecast Models
GraniteShares' time-series forecasting models is one of many GraniteShares' 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 GraniteShares' 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 GraniteShares 1x Short
Checking the ongoing alerts about GraniteShares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GraniteShares 1x Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GraniteShares generated a negative expected return over the last 90 days | |
| GraniteShares has high historical volatility and very poor performance | |
| Latest headline from talkmarkets.com: How to Earn Up to 200 percent Yields With These Market-Proof ETFs |
Check out GraniteShares Backtesting, Portfolio Optimization, GraniteShares Correlation, GraniteShares Hype Analysis, GraniteShares Volatility, GraniteShares History as well as GraniteShares Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of GraniteShares 1x Short is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares' value that differs from its market value or its book value, called intrinsic value, which is GraniteShares' 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 GraniteShares' market value can be influenced by many factors that don't directly affect GraniteShares' 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 GraniteShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares' 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.