VanEck FTSE (Australia) Probability of Future Etf Price Finishing Under 20.56
IFRA Etf | 22.88 0.10 0.44% |
VanEck |
VanEck FTSE Target Price Odds to finish below 20.56
The tendency of VanEck 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 20.56 or more in 90 days |
22.88 | 90 days | 20.56 | near 1 |
Based on a normal probability distribution, the odds of VanEck FTSE to drop to 20.56 or more in 90 days from now is near 1 (This VanEck FTSE Global probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck FTSE Global price to stay between 20.56 and its current price of 22.88 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon VanEck FTSE has a beta of 0.12. This usually indicates as returns on the market go up, VanEck FTSE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck FTSE Global will be expected to be much smaller as well. Additionally VanEck FTSE Global has an alpha of 0.0743, implying that it can generate a 0.0743 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VanEck FTSE Price Density |
Price |
Predictive Modules for VanEck FTSE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck FTSE Global. 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.VanEck FTSE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck FTSE is not an exception. The market had few large corrections towards the VanEck FTSE'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 VanEck FTSE Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck FTSE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.06 |
VanEck FTSE 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 VanEck FTSE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck FTSE Global 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: AI picks 2 ETFs to buy after U.S. presidential elections - Finbold - Finance in Bold |
VanEck FTSE Technical Analysis
VanEck FTSE's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck FTSE Global. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck FTSE Predictive Forecast Models
VanEck FTSE's time-series forecasting models is one of many VanEck FTSE'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 VanEck FTSE'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 VanEck FTSE Global
Checking the ongoing alerts about VanEck FTSE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck FTSE Global 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: AI picks 2 ETFs to buy after U.S. presidential elections - Finbold - Finance in Bold |
Other Information on Investing in VanEck Etf
VanEck FTSE financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck FTSE security.