Mkam Etf Odds of Future Etf Price Finishing Under 27.78
| MKAM Etf | 29.81 0.05 0.17% |
MKAM |
MKAM ETF Target Price Odds to finish below 27.78
The tendency of MKAM 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 27.78 or more in 90 days |
| 29.81 | 90 days | 27.78 | near 1 |
Based on a normal probability distribution, the odds of MKAM ETF to drop to 27.78 or more in 90 days from now is near 1 (This MKAM ETF probability density function shows the probability of MKAM Etf to fall within a particular range of prices over 90 days) . Probability of MKAM ETF price to stay between 27.78 and its current price of 29.81 at the end of the 90-day period is about 92.22 .
Given the investment horizon of 90 days MKAM ETF has a beta of 0.0091. This indicates as returns on the market go up, MKAM ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MKAM ETF will be expected to be much smaller as well. Additionally MKAM ETF has an alpha of 0.0565, implying that it can generate a 0.0565 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MKAM ETF Price Density |
| Price |
Predictive Modules for MKAM ETF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MKAM 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.MKAM ETF Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MKAM ETF is not an exception. The market had few large corrections towards the MKAM ETF'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 MKAM ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MKAM ETF within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.16 |
MKAM ETF Technical Analysis
MKAM ETF's future price can be derived by breaking down and analyzing its technical indicators over time. MKAM Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MKAM ETF. In general, you should focus on analyzing MKAM Etf price patterns and their correlations with different microeconomic environments and drivers.
MKAM ETF Predictive Forecast Models
MKAM ETF's time-series forecasting models is one of many MKAM ETF'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 MKAM ETF'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 MKAM ETF 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, MKAM ETF's short interest history, or implied volatility extrapolated from MKAM ETF options trading.
Check out MKAM ETF Backtesting, Portfolio Optimization, MKAM ETF Correlation, MKAM ETF Hype Analysis, MKAM ETF Volatility, MKAM ETF History as well as MKAM ETF Performance. To learn how to invest in MKAM Etf, please use our How to Invest in MKAM ETF guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of MKAM ETF is measured differently than its book value, which is the value of MKAM that is recorded on the company's balance sheet. Investors also form their own opinion of MKAM ETF's value that differs from its market value or its book value, called intrinsic value, which is MKAM ETF'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 MKAM ETF's market value can be influenced by many factors that don't directly affect MKAM ETF'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 MKAM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if MKAM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MKAM ETF'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.