Kelly Strategic Management Etf Probability of Future Etf Price Finishing Under 15.28
| HOTL Etf | USD 15.18 0.04 0.26% |
Kelly |
Kelly Strategic Target Price Odds to finish below 15.28
The tendency of Kelly 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 $ 15.28 after 90 days |
| 15.18 | 90 days | 15.28 | about 98.0 |
Based on a normal probability distribution, the odds of Kelly Strategic to stay under $ 15.28 after 90 days from now is about 98.0 (This Kelly Strategic Management probability density function shows the probability of Kelly Etf to fall within a particular range of prices over 90 days) . Probability of Kelly Strategic Mana price to stay between its current price of $ 15.18 and $ 15.28 at the end of the 90-day period is about 1.29 .
Given the investment horizon of 90 days Kelly Strategic Management has a beta of -0.42. This usually indicates as returns on the benchmark increase, returns on holding Kelly Strategic are expected to decrease at a much lower rate. During a bear market, however, Kelly Strategic Management is likely to outperform the market. Additionally Kelly Strategic Management has an alpha of 0.1182, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kelly Strategic Price Density |
| Price |
Predictive Modules for Kelly Strategic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kelly Strategic Mana. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kelly Strategic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kelly Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kelly Strategic is not an exception. The market had few large corrections towards the Kelly Strategic'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 Kelly Strategic Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kelly Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | -0.04 |
Kelly Strategic 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 Kelly Strategic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kelly Strategic Mana can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kelly Strategic Mana is not yet fully synchronised with the market data | |
| The fund retains 99.13% of its assets under management (AUM) in equities |
Kelly Strategic Technical Analysis
Kelly Strategic's future price can be derived by breaking down and analyzing its technical indicators over time. Kelly Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kelly Strategic Management. In general, you should focus on analyzing Kelly Etf price patterns and their correlations with different microeconomic environments and drivers.
Kelly Strategic Predictive Forecast Models
Kelly Strategic's time-series forecasting models is one of many Kelly Strategic'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 Kelly Strategic'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 Kelly Strategic Mana
Checking the ongoing alerts about Kelly Strategic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kelly Strategic Mana help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kelly Strategic Mana is not yet fully synchronised with the market data | |
| The fund retains 99.13% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Kelly Strategic Mana is measured differently than its book value, which is the value of Kelly that is recorded on the company's balance sheet. Investors also form their own opinion of Kelly Strategic's value that differs from its market value or its book value, called intrinsic value, which is Kelly Strategic'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 Kelly Strategic's market value can be influenced by many factors that don't directly affect Kelly Strategic'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 Kelly Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelly Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelly Strategic'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.