Rex Fang Innovation Etf Odds of Future Etf Price Finishing Under 42.25
| FEPI Etf | 50.85 0.48 0.94% |
REX |
REX FANG Target Price Odds to finish below 42.25
The tendency of REX 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 42.25 or more in 90 days |
| 50.85 | 90 days | 42.25 | near 1 |
Based on a normal probability distribution, the odds of REX FANG to drop to 42.25 or more in 90 days from now is near 1 (This REX FANG Innovation probability density function shows the probability of REX Etf to fall within a particular range of prices over 90 days) . Probability of REX FANG Innovation price to stay between 42.25 and its current price of 50.85 at the end of the 90-day period is about 66.47 .
Given the investment horizon of 90 days REX FANG has a beta of 0.78. This usually indicates as returns on the market go up, REX FANG average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding REX FANG Innovation will be expected to be much smaller as well. Additionally REX FANG Innovation 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. REX FANG Price Density |
| Price |
Predictive Modules for REX FANG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REX FANG Innovation. 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.REX FANG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REX FANG is not an exception. The market had few large corrections towards the REX FANG'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 REX FANG Innovation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REX FANG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0036 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | -0.03 |
REX FANG 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 REX Etf often depends not only on the future outlook of the current and potential REX FANG'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. REX FANG's indicators that are reflective of the short sentiment are summarized in the table below.
REX FANG Technical Analysis
REX FANG's future price can be derived by breaking down and analyzing its technical indicators over time. REX Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REX FANG Innovation. In general, you should focus on analyzing REX Etf price patterns and their correlations with different microeconomic environments and drivers.
REX FANG Predictive Forecast Models
REX FANG's time-series forecasting models is one of many REX FANG'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 REX FANG'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards REX FANG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, REX FANG's short interest history, or implied volatility extrapolated from REX FANG options trading.
Check out REX FANG Backtesting, Portfolio Optimization, REX FANG Correlation, REX FANG Hype Analysis, REX FANG Volatility, REX FANG History as well as REX FANG Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of REX FANG Innovation is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX FANG's value that differs from its market value or its book value, called intrinsic value, which is REX FANG'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 REX FANG's market value can be influenced by many factors that don't directly affect REX FANG'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 REX FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX FANG'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.