Defiance Hotel Airline Etf Probability of Future Etf Price Finishing Under 24.55
| CRUZ Etf | USD 27.23 0.05 0.18% |
Defiance |
Defiance Hotel Target Price Odds to finish below 24.55
The tendency of Defiance 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 $ 24.55 or more in 90 days |
| 27.23 | 90 days | 24.55 | about 38.51 |
Based on a normal probability distribution, the odds of Defiance Hotel to drop to $ 24.55 or more in 90 days from now is about 38.51 (This Defiance Hotel Airline probability density function shows the probability of Defiance Etf to fall within a particular range of prices over 90 days) . Probability of Defiance Hotel Airline price to stay between $ 24.55 and its current price of $27.23 at the end of the 90-day period is about 50.79 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.08 suggesting Defiance Hotel Airline market returns are sensitive to returns on the market. As the market goes up or down, Defiance Hotel is expected to follow. Additionally Defiance Hotel Airline has an alpha of 0.2545, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Defiance Hotel Price Density |
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Predictive Modules for Defiance Hotel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Defiance Hotel Airline. 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 Defiance Hotel's 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.
Defiance Hotel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Defiance Hotel is not an exception. The market had few large corrections towards the Defiance Hotel'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 Defiance Hotel Airline, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Defiance Hotel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 1.74 | |
Ir | Information ratio | 0.24 |
Defiance Hotel 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 Defiance Hotel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Defiance Hotel Airline can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Travel ETFs Beat SP 500 in a Month Heres Why - Zacks Investment Research | |
| The fund holds 99.8% of its assets under management (AUM) in equities |
Defiance Hotel Technical Analysis
Defiance Hotel's future price can be derived by breaking down and analyzing its technical indicators over time. Defiance Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Defiance Hotel Airline. In general, you should focus on analyzing Defiance Etf price patterns and their correlations with different microeconomic environments and drivers.
Defiance Hotel Predictive Forecast Models
Defiance Hotel's time-series forecasting models is one of many Defiance Hotel'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 Defiance Hotel'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 Defiance Hotel Airline
Checking the ongoing alerts about Defiance Hotel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Defiance Hotel Airline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Travel ETFs Beat SP 500 in a Month Heres Why - Zacks Investment Research | |
| The fund holds 99.8% of its assets under management (AUM) in equities |
Check out Defiance Hotel Backtesting, Portfolio Optimization, Defiance Hotel Correlation, Defiance Hotel Hype Analysis, Defiance Hotel Volatility, Defiance Hotel History as well as Defiance Hotel Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Defiance Hotel Airline is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Hotel's value that differs from its market value or its book value, called intrinsic value, which is Defiance Hotel'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 Defiance Hotel's market value can be influenced by many factors that don't directly affect Defiance Hotel'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 Defiance Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Hotel'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.