Hcm Defender 500 Etf Probability of Future Etf Price Finishing Under 51.94
| LGH Etf | USD 54.07 0.47 0.88% |
HCM |
HCM Defender Target Price Odds to finish below 51.94
The tendency of HCM 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 $ 51.94 or more in 90 days |
| 54.07 | 90 days | 51.94 | about 70.72 |
Based on a normal probability distribution, the odds of HCM Defender to drop to $ 51.94 or more in 90 days from now is about 70.72 (This HCM Defender 500 probability density function shows the probability of HCM Etf to fall within a particular range of prices over 90 days) . Probability of HCM Defender 500 price to stay between $ 51.94 and its current price of $54.07 at the end of the 90-day period is about 25.04 .
Considering the 90-day investment horizon the etf has the beta coefficient of 1.08 . This indicates HCM Defender 500 market returns are responsive to returns on the market. As the market goes up or down, HCM Defender is expected to follow. Additionally HCM Defender 500 has an alpha of 0.009, implying that it can generate a 0.008966 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HCM Defender Price Density |
| Price |
Predictive Modules for HCM Defender
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HCM Defender 500. 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.HCM Defender Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HCM Defender is not an exception. The market had few large corrections towards the HCM Defender'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 HCM Defender 500, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HCM Defender within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 1.77 | |
Ir | Information ratio | 0.02 |
HCM Defender Technical Analysis
HCM Defender's future price can be derived by breaking down and analyzing its technical indicators over time. HCM Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HCM Defender 500. In general, you should focus on analyzing HCM Etf price patterns and their correlations with different microeconomic environments and drivers.
HCM Defender Predictive Forecast Models
HCM Defender's time-series forecasting models is one of many HCM Defender'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 HCM Defender'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HCM Defender in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HCM Defender's short interest history, or implied volatility extrapolated from HCM Defender options trading.
Check out HCM Defender Backtesting, Portfolio Optimization, HCM Defender Correlation, HCM Defender Hype Analysis, HCM Defender Volatility, HCM Defender History as well as HCM Defender Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of HCM Defender 500 is measured differently than its book value, which is the value of HCM that is recorded on the company's balance sheet. Investors also form their own opinion of HCM Defender's value that differs from its market value or its book value, called intrinsic value, which is HCM Defender'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 HCM Defender's market value can be influenced by many factors that don't directly affect HCM Defender'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 HCM Defender's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCM Defender is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCM Defender'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.