Microsectors Fang Etn Etf Probability of Future Etf Price Finishing Under 43.61
| FNGS Etf | USD 53.78 0.57 1.07% |
Closest to current price MicroSectors long CALL Option Payoff at Expiration
MicroSectors |
MicroSectors FANG Target Price Odds to finish below 43.61
The tendency of MicroSectors 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 $ 43.61 or more in 90 days |
| 53.78 | 90 days | 43.61 | near 1 |
Based on a normal probability distribution, the odds of MicroSectors FANG to drop to $ 43.61 or more in 90 days from now is near 1 (This MicroSectors FANG ETN probability density function shows the probability of MicroSectors Etf to fall within a particular range of prices over 90 days) . Probability of MicroSectors FANG ETN price to stay between $ 43.61 and its current price of $53.78 at the end of the 90-day period is about 92.06 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.08 . This usually indicates MicroSectors FANG ETN market returns are related to returns on the market. As the market goes up or down, MicroSectors FANG is expected to follow. Additionally MicroSectors FANG ETN has an alpha of 0.0357, implying that it can generate a 0.0357 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MicroSectors FANG Price Density |
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Predictive Modules for MicroSectors 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 MicroSectors FANG ETN. 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.MicroSectors FANG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MicroSectors FANG is not an exception. The market had few large corrections towards the MicroSectors 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 MicroSectors FANG ETN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MicroSectors FANG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | 0.03 |
MicroSectors FANG 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 MicroSectors FANG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MicroSectors FANG ETN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains all of its assets under management (AUM) in equities |
MicroSectors FANG Technical Analysis
MicroSectors FANG's future price can be derived by breaking down and analyzing its technical indicators over time. MicroSectors Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MicroSectors FANG ETN. In general, you should focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environments and drivers.
MicroSectors FANG Predictive Forecast Models
MicroSectors FANG's time-series forecasting models is one of many MicroSectors 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 MicroSectors 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.
Things to note about MicroSectors FANG ETN
Checking the ongoing alerts about MicroSectors FANG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MicroSectors FANG ETN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains all of its assets under management (AUM) in equities |
Check out MicroSectors FANG Backtesting, Portfolio Optimization, MicroSectors FANG Correlation, MicroSectors FANG Hype Analysis, MicroSectors FANG Volatility, MicroSectors FANG History as well as MicroSectors FANG Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of MicroSectors FANG ETN is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors 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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors 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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors 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.