Trimtabs Donoghue Forlines Etf Probability of Future Etf Price Finishing Under 21.06
| DFHY Etf | USD 21.26 0.03 0.14% |
TrimTabs |
TrimTabs Donoghue Target Price Odds to finish below 21.06
The tendency of TrimTabs 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 $ 21.06 or more in 90 days |
| 21.26 | 90 days | 21.06 | near 1 |
Based on a normal probability distribution, the odds of TrimTabs Donoghue to drop to $ 21.06 or more in 90 days from now is near 1 (This TrimTabs Donoghue Forlines probability density function shows the probability of TrimTabs Etf to fall within a particular range of prices over 90 days) . Probability of TrimTabs Donoghue price to stay between $ 21.06 and its current price of $21.26 at the end of the 90-day period is about 11.93 .
Given the investment horizon of 90 days TrimTabs Donoghue has a beta of 0.0503 suggesting as returns on the market go up, TrimTabs Donoghue average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TrimTabs Donoghue Forlines will be expected to be much smaller as well. Additionally TrimTabs Donoghue Forlines 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. TrimTabs Donoghue Price Density |
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Predictive Modules for TrimTabs Donoghue
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TrimTabs Donoghue. 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.TrimTabs Donoghue Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TrimTabs Donoghue is not an exception. The market had few large corrections towards the TrimTabs Donoghue'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 TrimTabs Donoghue Forlines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TrimTabs Donoghue within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0062 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.41 |
TrimTabs Donoghue 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 TrimTabs Donoghue for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TrimTabs Donoghue 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: Ballast SmallMid Cap ETF Trading Up 0.1 percent Should You Buy - Defense World | |
| The fund created three year return of -1.0% | |
| TrimTabs Donoghue retains most of the assets under management (AUM) in different types of exotic instruments. |
TrimTabs Donoghue Technical Analysis
TrimTabs Donoghue's future price can be derived by breaking down and analyzing its technical indicators over time. TrimTabs Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TrimTabs Donoghue Forlines. In general, you should focus on analyzing TrimTabs Etf price patterns and their correlations with different microeconomic environments and drivers.
TrimTabs Donoghue Predictive Forecast Models
TrimTabs Donoghue's time-series forecasting models is one of many TrimTabs Donoghue'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 TrimTabs Donoghue'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 TrimTabs Donoghue
Checking the ongoing alerts about TrimTabs Donoghue for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TrimTabs Donoghue 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: Ballast SmallMid Cap ETF Trading Up 0.1 percent Should You Buy - Defense World | |
| The fund created three year return of -1.0% | |
| TrimTabs Donoghue retains most of the assets under management (AUM) in different types of exotic instruments. |
Check out TrimTabs Donoghue Backtesting, Portfolio Optimization, TrimTabs Donoghue Correlation, TrimTabs Donoghue Hype Analysis, TrimTabs Donoghue Volatility, TrimTabs Donoghue History as well as TrimTabs Donoghue Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of TrimTabs Donoghue is measured differently than its book value, which is the value of TrimTabs that is recorded on the company's balance sheet. Investors also form their own opinion of TrimTabs Donoghue's value that differs from its market value or its book value, called intrinsic value, which is TrimTabs Donoghue'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 TrimTabs Donoghue's market value can be influenced by many factors that don't directly affect TrimTabs Donoghue'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 TrimTabs Donoghue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrimTabs Donoghue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrimTabs Donoghue'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.