Formidable Fortress Etf Probability of Future Etf Price Finishing Under 30.31
| KONG Etf | USD 30.78 0.34 1.12% |
Formidable |
Formidable Fortress Target Price Odds to finish below 30.31
The tendency of Formidable 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 $ 30.31 or more in 90 days |
| 30.78 | 90 days | 30.31 | about 91.05 |
Based on a normal probability distribution, the odds of Formidable Fortress to drop to $ 30.31 or more in 90 days from now is about 91.05 (This Formidable Fortress ETF probability density function shows the probability of Formidable Etf to fall within a particular range of prices over 90 days) . Probability of Formidable Fortress ETF price to stay between $ 30.31 and its current price of $30.78 at the end of the 90-day period is about 6.22 .
Given the investment horizon of 90 days Formidable Fortress has a beta of 0.86. This indicates Formidable Fortress ETF market returns are reactive to returns on the market. As the market goes up or down, Formidable Fortress is expected to follow. Additionally Formidable Fortress ETF has an alpha of 0.0386, implying that it can generate a 0.0386 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Formidable Fortress Price Density |
| Price |
Predictive Modules for Formidable Fortress
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Formidable Fortress ETF. 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.Formidable Fortress Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Formidable Fortress is not an exception. The market had few large corrections towards the Formidable Fortress' 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 Formidable Fortress ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Formidable Fortress within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | 0.02 |
Formidable Fortress 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 Formidable Fortress for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Formidable Fortress ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains all of its assets in stocks |
Formidable Fortress Technical Analysis
Formidable Fortress' future price can be derived by breaking down and analyzing its technical indicators over time. Formidable Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formidable Fortress ETF. In general, you should focus on analyzing Formidable Etf price patterns and their correlations with different microeconomic environments and drivers.
Formidable Fortress Predictive Forecast Models
Formidable Fortress' time-series forecasting models is one of many Formidable Fortress' 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 Formidable Fortress' 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 Formidable Fortress ETF
Checking the ongoing alerts about Formidable Fortress for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Formidable Fortress ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains all of its assets in stocks |
Check out Formidable Fortress Backtesting, Portfolio Optimization, Formidable Fortress Correlation, Formidable Fortress Hype Analysis, Formidable Fortress Volatility, Formidable Fortress History as well as Formidable Fortress Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Formidable Fortress ETF is measured differently than its book value, which is the value of Formidable that is recorded on the company's balance sheet. Investors also form their own opinion of Formidable Fortress' value that differs from its market value or its book value, called intrinsic value, which is Formidable Fortress' 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 Formidable Fortress' market value can be influenced by many factors that don't directly affect Formidable Fortress' 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 Formidable Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formidable Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formidable Fortress' 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.