Vaneck International High Etf Probability of Future Etf Price Finishing Over 20.76
IHY Etf | USD 20.79 0.02 0.1% |
VanEck |
VanEck International Target Price Odds to finish over 20.76
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 stay above $ 20.76 in 90 days |
20.79 | 90 days | 20.76 | about 97.0 |
Based on a normal probability distribution, the odds of VanEck International to stay above $ 20.76 in 90 days from now is about 97.0 (This VanEck International High probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck International High price to stay between $ 20.76 and its current price of $20.79 at the end of the 90-day period is about 1.37 .
Considering the 90-day investment horizon VanEck International has a beta of 0.0577. This usually indicates as returns on the market go up, VanEck International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck International High will be expected to be much smaller as well. Additionally VanEck International High 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. VanEck International Price Density |
Price |
Predictive Modules for VanEck International
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 International High. 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 International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck International is not an exception. The market had few large corrections towards the VanEck International'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 International High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.56 |
VanEck International 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 International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck International High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.VanEck International generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily | |
The fund retains about 96.05% of its assets under management (AUM) in fixed income securities |
VanEck International Technical Analysis
VanEck International'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 International High. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck International Predictive Forecast Models
VanEck International's time-series forecasting models is one of many VanEck International'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 International'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 International High
Checking the ongoing alerts about VanEck International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck International High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
VanEck International generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily | |
The fund retains about 96.05% of its assets under management (AUM) in fixed income securities |
Check out VanEck International Backtesting, Portfolio Optimization, VanEck International Correlation, VanEck International Hype Analysis, VanEck International Volatility, VanEck International History as well as VanEck International Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of VanEck International High is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck International's value that differs from its market value or its book value, called intrinsic value, which is VanEck International'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 VanEck International's market value can be influenced by many factors that don't directly affect VanEck International'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 VanEck International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck International'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.