Vaneck Long Muni Etf Probability of Future Etf Price Finishing Over 17.79
MLN Etf | USD 17.97 0.01 0.06% |
VanEck |
VanEck Long Target Price Odds to finish over 17.79
The tendency of VanEck 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 $ 17.79 in 90 days |
17.97 | 90 days | 17.79 | over 95.99 |
Based on a normal probability distribution, the odds of VanEck Long to stay above $ 17.79 in 90 days from now is over 95.99 (This VanEck Long Muni probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Long Muni price to stay between $ 17.79 and its current price of $17.97 at the end of the 90-day period is about 36.12 .
Considering the 90-day investment horizon VanEck Long Muni has a beta of -0.19. This indicates as returns on the benchmark increase, returns on holding VanEck Long are expected to decrease at a much lower rate. During a bear market, however, VanEck Long Muni is likely to outperform the market. Additionally VanEck Long Muni has an alpha of 0.0066, implying that it can generate a 0.006602 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VanEck Long Price Density |
Price |
Predictive Modules for VanEck Long
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Long Muni. 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.VanEck Long Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Long is not an exception. The market had few large corrections towards the VanEck Long'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 VanEck Long Muni, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Long within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.22 |
VanEck Long 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 VanEck Long for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Long Muni can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Latest headline from thelincolnianonline.com: Avidian Wealth Enterprises LLC Sells 36,110 Shares of VanEck Long Muni ETF | |
VanEck Long Muni generated five year return of 0.0% | |
This fund maintains all of the assets in different exotic instruments |
VanEck Long Technical Analysis
VanEck Long's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Long Muni. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Long Predictive Forecast Models
VanEck Long's time-series forecasting models is one of many VanEck Long'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 VanEck Long'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 VanEck Long Muni
Checking the ongoing alerts about VanEck Long for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Long Muni help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from thelincolnianonline.com: Avidian Wealth Enterprises LLC Sells 36,110 Shares of VanEck Long Muni ETF | |
VanEck Long Muni generated five year return of 0.0% | |
This fund maintains all of the assets in different exotic instruments |
Check out VanEck Long Backtesting, Portfolio Optimization, VanEck Long Correlation, VanEck Long Hype Analysis, VanEck Long Volatility, VanEck Long History as well as VanEck Long Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of VanEck Long Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Long's value that differs from its market value or its book value, called intrinsic value, which is VanEck Long'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 VanEck Long's market value can be influenced by many factors that don't directly affect VanEck Long'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 VanEck Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Long'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.