Cambria Global Value Etf Probability of Future Etf Price Finishing Under 21.19
| GVAL Etf | USD 21.06 0.02 0.1% |
Cambria |
Cambria Global Target Price Odds to finish below 21.19
The tendency of Cambria 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 $ 21.19 after 90 days |
| 21.06 | 90 days | 21.19 | about 19.4 |
Based on a normal probability distribution, the odds of Cambria Global to stay under $ 21.19 after 90 days from now is about 19.4 (This Cambria Global Value probability density function shows the probability of Cambria Etf to fall within a particular range of prices over 90 days) . Probability of Cambria Global Value price to stay between its current price of $ 21.06 and $ 21.19 at the end of the 90-day period is about 6.76 .
Given the investment horizon of 90 days Cambria Global has a beta of 0.25. This usually indicates as returns on the market go up, Cambria Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambria Global Value will be expected to be much smaller as well. Additionally Cambria Global Value 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. Cambria Global Price Density |
| Price |
Predictive Modules for Cambria Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambria Global Value. 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.Cambria Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cambria Global is not an exception. The market had few large corrections towards the Cambria Global'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 Cambria Global Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cambria Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | -0.17 |
Cambria Global 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 Cambria Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cambria Global Value can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cambria Global Value generated a negative expected return over the last 90 days | |
| The fund retains 98.78% of its assets under management (AUM) in equities |
Cambria Global Technical Analysis
Cambria Global's future price can be derived by breaking down and analyzing its technical indicators over time. Cambria Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cambria Global Value. In general, you should focus on analyzing Cambria Etf price patterns and their correlations with different microeconomic environments and drivers.
Cambria Global Predictive Forecast Models
Cambria Global's time-series forecasting models is one of many Cambria Global'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 Cambria Global'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 Cambria Global Value
Checking the ongoing alerts about Cambria Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cambria Global Value help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cambria Global Value generated a negative expected return over the last 90 days | |
| The fund retains 98.78% of its assets under management (AUM) in equities |
Check out Cambria Global Backtesting, Portfolio Optimization, Cambria Global Correlation, Cambria Global Hype Analysis, Cambria Global Volatility, Cambria Global History as well as Cambria Global Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Cambria Global Value is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Global's value that differs from its market value or its book value, called intrinsic value, which is Cambria Global'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 Cambria Global's market value can be influenced by many factors that don't directly affect Cambria Global'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 Cambria Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Global'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.