Maybank Emerging Etf Probability of Future Etf Price Finishing Over 28.01
| MEM Etf | USD 31.78 0.11 0.34% |
MAYBANK |
MAYBANK EMERGING Target Price Odds to finish over 28.01
The tendency of MAYBANK 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 stay above $ 28.01 in 90 days |
| 31.78 | 90 days | 28.01 | close to 99 |
Based on a normal probability distribution, the odds of MAYBANK EMERGING to stay above $ 28.01 in 90 days from now is close to 99 (This MAYBANK EMERGING ETF probability density function shows the probability of MAYBANK Etf to fall within a particular range of prices over 90 days) . Probability of MAYBANK EMERGING ETF price to stay between $ 28.01 and its current price of $31.78 at the end of the 90-day period is about 39.8 .
Considering the 90-day investment horizon MAYBANK EMERGING has a beta of 0.39. This indicates as returns on the market go up, MAYBANK EMERGING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MAYBANK EMERGING ETF will be expected to be much smaller as well. Additionally MAYBANK EMERGING ETF 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. MAYBANK EMERGING Price Density |
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Predictive Modules for MAYBANK EMERGING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAYBANK EMERGING 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MAYBANK EMERGING'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.
MAYBANK EMERGING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAYBANK EMERGING is not an exception. The market had few large corrections towards the MAYBANK EMERGING'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 MAYBANK EMERGING ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAYBANK EMERGING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0046 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.06 |
MAYBANK EMERGING 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 MAYBANK EMERGING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAYBANK EMERGING 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.MAYBANK EMERGING Technical Analysis
MAYBANK EMERGING's future price can be derived by breaking down and analyzing its technical indicators over time. MAYBANK Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAYBANK EMERGING ETF. In general, you should focus on analyzing MAYBANK Etf price patterns and their correlations with different microeconomic environments and drivers.
MAYBANK EMERGING Predictive Forecast Models
MAYBANK EMERGING's time-series forecasting models is one of many MAYBANK EMERGING'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 MAYBANK EMERGING'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 MAYBANK EMERGING ETF
Checking the ongoing alerts about MAYBANK EMERGING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAYBANK EMERGING ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
When determining whether MAYBANK EMERGING ETF is a strong investment it is important to analyze MAYBANK EMERGING's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAYBANK EMERGING's future performance. For an informed investment choice regarding MAYBANK Etf, refer to the following important reports: Check out MAYBANK EMERGING Backtesting, Portfolio Optimization, MAYBANK EMERGING Correlation, MAYBANK EMERGING Hype Analysis, MAYBANK EMERGING Volatility, MAYBANK EMERGING History as well as MAYBANK EMERGING Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of MAYBANK EMERGING ETF is measured differently than its book value, which is the value of MAYBANK that is recorded on the company's balance sheet. Investors also form their own opinion of MAYBANK EMERGING's value that differs from its market value or its book value, called intrinsic value, which is MAYBANK EMERGING'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 MAYBANK EMERGING's market value can be influenced by many factors that don't directly affect MAYBANK EMERGING'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 MAYBANK EMERGING's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAYBANK EMERGING is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAYBANK EMERGING'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.