Mairs Power Minnesota Etf Probability of Future Etf Price Finishing Under 22.31
| MINN Etf | USD 22.21 0.01 0.04% |
Mairs |
Mairs Power Target Price Odds to finish below 22.31
The tendency of Mairs 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 under $ 22.31 after 90 days |
| 22.21 | 90 days | 22.31 | about 51.16 |
Based on a normal probability distribution, the odds of Mairs Power to stay under $ 22.31 after 90 days from now is about 51.16 (This Mairs Power Minnesota probability density function shows the probability of Mairs Etf to fall within a particular range of prices over 90 days) . Probability of Mairs Power Minnesota price to stay between its current price of $ 22.21 and $ 22.31 at the end of the 90-day period is about 25.23 .
Given the investment horizon of 90 days Mairs Power Minnesota has a beta of -0.0367. This indicates as returns on the benchmark increase, returns on holding Mairs Power are expected to decrease at a much lower rate. During a bear market, however, Mairs Power Minnesota is likely to outperform the market. Additionally Mairs Power Minnesota 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. Mairs Power Price Density |
| Price |
Predictive Modules for Mairs Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mairs Power Minnesota. 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.Mairs Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mairs Power is not an exception. The market had few large corrections towards the Mairs Power'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 Mairs Power Minnesota, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mairs Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.43 |
Mairs Power 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 Mairs Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mairs Power Minnesota can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mairs Power generated a negative expected return over the last 90 days | |
| The fund created three year return of -2.0% | |
| Mairs Power Minnesota maintains all of the assets in different exotic instruments |
Mairs Power Technical Analysis
Mairs Power's future price can be derived by breaking down and analyzing its technical indicators over time. Mairs Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mairs Power Minnesota. In general, you should focus on analyzing Mairs Etf price patterns and their correlations with different microeconomic environments and drivers.
Mairs Power Predictive Forecast Models
Mairs Power's time-series forecasting models is one of many Mairs Power'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 Mairs Power'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 Mairs Power Minnesota
Checking the ongoing alerts about Mairs Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mairs Power Minnesota help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mairs Power generated a negative expected return over the last 90 days | |
| The fund created three year return of -2.0% | |
| Mairs Power Minnesota maintains all of the assets in different exotic instruments |
Check out Mairs Power Backtesting, Portfolio Optimization, Mairs Power Correlation, Mairs Power Hype Analysis, Mairs Power Volatility, Mairs Power History as well as Mairs Power Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power'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 Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power'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 Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power'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.