Jib Etf Chance of Future Etf Price Finishing Under 41.99
| JIB Etf | USD 41.99 0.00 0.00% |
JIB |
JIB Target Price Odds to finish below 41.99
The tendency of JIB 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 move below current price in 90 days |
| 41.99 | 90 days | 41.99 | about 29.76 |
Based on a normal probability distribution, the odds of JIB to move below current price in 90 days from now is about 29.76 (This JIB probability density function shows the probability of JIB Etf to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon JIB has a beta of -0.0043. This indicates as returns on the benchmark increase, returns on holding JIB are expected to decrease at a much lower rate. During a bear market, however, JIB is likely to outperform the market. Additionally JIB 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. JIB Price Density |
| Price |
Predictive Modules for JIB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JIB. 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.JIB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JIB is not an exception. The market had few large corrections towards the JIB'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 JIB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JIB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.0043 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.42 |
JIB 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 JIB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JIB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JIB is not yet fully synchronised with the market data | |
| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
JIB Technical Analysis
JIB's future price can be derived by breaking down and analyzing its technical indicators over time. JIB Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JIB. In general, you should focus on analyzing JIB Etf price patterns and their correlations with different microeconomic environments and drivers.
JIB Predictive Forecast Models
JIB's time-series forecasting models is one of many JIB'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 JIB'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 JIB
Checking the ongoing alerts about JIB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JIB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JIB is not yet fully synchronised with the market data | |
| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
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 gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of JIB is measured differently than its book value, which is the value of JIB that is recorded on the company's balance sheet. Investors also form their own opinion of JIB's value that differs from its market value or its book value, called intrinsic value, which is JIB'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 JIB's market value can be influenced by many factors that don't directly affect JIB'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 JIB's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIB'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.