Gpow Etf Chance of Future Etf Price Finishing Under 53.82
| GPOW Etf | 53.66 0.25 0.46% |
GPOW |
GPOW Target Price Odds to finish below 53.82
The tendency of GPOW 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 under 53.82 after 90 days |
| 53.66 | 90 days | 53.82 | about 71.09 |
Based on a normal probability distribution, the odds of GPOW to stay under 53.82 after 90 days from now is about 71.09 (This GPOW probability density function shows the probability of GPOW Etf to fall within a particular range of prices over 90 days) . Probability of GPOW price to stay between its current price of 53.66 and 53.82 at the end of the 90-day period is roughly 2.5 .
Given the investment horizon of 90 days GPOW has a beta of 0.46. This usually indicates as returns on the market go up, GPOW average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GPOW will be expected to be much smaller as well. Additionally GPOW has an alpha of 0.0933, implying that it can generate a 0.0933 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GPOW Price Density |
| Price |
Predictive Modules for GPOW
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GPOW. 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.GPOW Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GPOW is not an exception. The market had few large corrections towards the GPOW'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 GPOW, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GPOW within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.05 |
GPOW 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 GPOW for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GPOW 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: Long Term Trading Analysis for - Stock Traders Daily |
GPOW Technical Analysis
GPOW's future price can be derived by breaking down and analyzing its technical indicators over time. GPOW Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GPOW. In general, you should focus on analyzing GPOW Etf price patterns and their correlations with different microeconomic environments and drivers.
GPOW Predictive Forecast Models
GPOW's time-series forecasting models is one of many GPOW'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 GPOW'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 GPOW
Checking the ongoing alerts about GPOW for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GPOW 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: Long Term Trading Analysis for - Stock Traders Daily |
Check out GPOW Backtesting, Portfolio Optimization, GPOW Correlation, GPOW Hype Analysis, GPOW Volatility, GPOW History as well as GPOW Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of GPOW is measured differently than its book value, which is the value of GPOW that is recorded on the company's balance sheet. Investors also form their own opinion of GPOW's value that differs from its market value or its book value, called intrinsic value, which is GPOW'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 GPOW's market value can be influenced by many factors that don't directly affect GPOW'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 GPOW's value and its price as these two are different measures arrived at by different means. Investors typically determine if GPOW is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GPOW'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.