Proshares Big Data Etf Probability of Future Etf Price Finishing Over 45.64
| DAT Etf | USD 45.70 1.39 3.14% |
ProShares |
ProShares Big Target Price Odds to finish over 45.64
The tendency of ProShares 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 above $ 45.64 in 90 days |
| 45.70 | 90 days | 45.64 | near 1 |
Based on a normal probability distribution, the odds of ProShares Big to stay above $ 45.64 in 90 days from now is near 1 (This ProShares Big Data probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares Big Data price to stay between $ 45.64 and its current price of $45.7 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon the etf has the beta coefficient of 1.39 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, ProShares Big will likely underperform. Additionally ProShares Big Data has an alpha of 0.2312, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ProShares Big Price Density |
| Price |
Predictive Modules for ProShares Big
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Big Data. 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.ProShares Big Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares Big is not an exception. The market had few large corrections towards the ProShares Big'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 ProShares Big Data, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares Big within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 1.39 | |
σ | Overall volatility | 2.96 | |
Ir | Information ratio | 0.19 |
ProShares Big 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 ProShares Big for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares Big Data 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 businesswire.com: DAT Spot truckload rates extended their positive run in October | |
| The fund retains 99.71% of its assets under management (AUM) in equities |
ProShares Big 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 ProShares Etf often depends not only on the future outlook of the current and potential ProShares Big's 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. ProShares Big's indicators that are reflective of the short sentiment are summarized in the table below.
ProShares Big Technical Analysis
ProShares Big's future price can be derived by breaking down and analyzing its technical indicators over time. ProShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProShares Big Data. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.
ProShares Big Predictive Forecast Models
ProShares Big's time-series forecasting models is one of many ProShares Big'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 ProShares Big'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 ProShares Big Data
Checking the ongoing alerts about ProShares Big for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares Big Data 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 businesswire.com: DAT Spot truckload rates extended their positive run in October | |
| The fund retains 99.71% of its assets under management (AUM) in equities |
Check out ProShares Big Backtesting, Portfolio Optimization, ProShares Big Correlation, ProShares Big Hype Analysis, ProShares Big Volatility, ProShares Big History as well as ProShares Big Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of ProShares Big Data is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big'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 ProShares Big's market value can be influenced by many factors that don't directly affect ProShares Big'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 ProShares Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big'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.