WisdomTree Petroleum (UK) Probability of Future Etf Price Finishing Under 31.93
| LPET Etf | 36.20 0.24 0.67% |
WisdomTree |
WisdomTree Petroleum Target Price Odds to finish below 31.93
The tendency of WisdomTree 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 31.93 or more in 90 days |
| 36.20 | 90 days | 31.93 | near 1 |
Based on a normal probability distribution, the odds of WisdomTree Petroleum to drop to 31.93 or more in 90 days from now is near 1 (This WisdomTree Petroleum 2x probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) . Probability of WisdomTree Petroleum price to stay between 31.93 and its current price of 36.2 at the end of the 90-day period is about 29.13 .
Assuming the 90 days trading horizon WisdomTree Petroleum 2x has a beta of -0.0874. This indicates as returns on the benchmark increase, returns on holding WisdomTree Petroleum are expected to decrease at a much lower rate. During a bear market, however, WisdomTree Petroleum 2x is likely to outperform the market. Additionally WisdomTree Petroleum 2x 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. WisdomTree Petroleum Price Density |
| Price |
Predictive Modules for WisdomTree Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WisdomTree Petroleum. 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.WisdomTree Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WisdomTree Petroleum is not an exception. The market had few large corrections towards the WisdomTree Petroleum'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 WisdomTree Petroleum 2x, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WisdomTree Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 2.26 | |
Ir | Information ratio | -0.06 |
WisdomTree Petroleum 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 WisdomTree Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WisdomTree Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WisdomTree Petroleum generated a negative expected return over the last 90 days | |
| WisdomTree Petroleum has high historical volatility and very poor performance | |
| WisdomTree Petroleum generated-16.0 ten year return of -16.0% |
WisdomTree Petroleum Technical Analysis
WisdomTree Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. WisdomTree Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WisdomTree Petroleum 2x. In general, you should focus on analyzing WisdomTree Etf price patterns and their correlations with different microeconomic environments and drivers.
WisdomTree Petroleum Predictive Forecast Models
WisdomTree Petroleum's time-series forecasting models is one of many WisdomTree Petroleum'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 WisdomTree Petroleum'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 WisdomTree Petroleum
Checking the ongoing alerts about WisdomTree Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WisdomTree Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WisdomTree Petroleum generated a negative expected return over the last 90 days | |
| WisdomTree Petroleum has high historical volatility and very poor performance | |
| WisdomTree Petroleum generated-16.0 ten year return of -16.0% |
Other Information on Investing in WisdomTree Etf
WisdomTree Petroleum financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree Petroleum security.