Columbia India Consumer Etf Probability of Future Etf Price Finishing Under 66.76
| INCO Etf | USD 68.53 0.21 0.31% |
Columbia |
Columbia India Target Price Odds to finish below 66.76
The tendency of Columbia 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 $ 66.76 or more in 90 days |
| 68.53 | 90 days | 66.76 | about 5.73 |
Based on a normal probability distribution, the odds of Columbia India to drop to $ 66.76 or more in 90 days from now is about 5.73 (This Columbia India Consumer probability density function shows the probability of Columbia Etf to fall within a particular range of prices over 90 days) . Probability of Columbia India Consumer price to stay between $ 66.76 and its current price of $68.53 at the end of the 90-day period is about 8.2 .
Given the investment horizon of 90 days Columbia India has a beta of 0.43. This usually indicates as returns on the market go up, Columbia India average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Columbia India Consumer will be expected to be much smaller as well. Additionally Columbia India Consumer 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. Columbia India Price Density |
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Predictive Modules for Columbia India
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Columbia India Consumer. 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 Columbia India'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.
Columbia India Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Columbia India is not an exception. The market had few large corrections towards the Columbia India'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 Columbia India Consumer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Columbia India within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 3.60 | |
Ir | Information ratio | -0.3 |
Columbia India 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 Columbia India for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Columbia India Consumer can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Columbia India generated a negative expected return over the last 90 days | |
| Latest headline from eu-startups.com: Social Tides launches second GROW AI Acceleratorto support social impact across Europe | |
| The fund retains 99.98% of its assets under management (AUM) in equities |
Columbia India Technical Analysis
Columbia India's future price can be derived by breaking down and analyzing its technical indicators over time. Columbia Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Columbia India Consumer. In general, you should focus on analyzing Columbia Etf price patterns and their correlations with different microeconomic environments and drivers.
Columbia India Predictive Forecast Models
Columbia India's time-series forecasting models is one of many Columbia India'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 Columbia India'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 Columbia India Consumer
Checking the ongoing alerts about Columbia India for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Columbia India Consumer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Columbia India generated a negative expected return over the last 90 days | |
| Latest headline from eu-startups.com: Social Tides launches second GROW AI Acceleratorto support social impact across Europe | |
| The fund retains 99.98% of its assets under management (AUM) in equities |
Check out Columbia India Backtesting, Portfolio Optimization, Columbia India Correlation, Columbia India Hype Analysis, Columbia India Volatility, Columbia India History as well as Columbia India Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Columbia India Consumer is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia India's value that differs from its market value or its book value, called intrinsic value, which is Columbia India'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 Columbia India's market value can be influenced by many factors that don't directly affect Columbia India'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 Columbia India's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia India is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia India'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.