New York City Etf Odds of Future Etf Price Finishing Under 5.69
| NYC Etf | USD 8.73 0.26 2.89% |
New |
New York Target Price Odds to finish below 5.69
The tendency of New 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 $ 5.69 or more in 90 days |
| 8.73 | 90 days | 5.69 | near 1 |
Based on a normal probability distribution, the odds of New York to drop to $ 5.69 or more in 90 days from now is near 1 (This New York City probability density function shows the probability of New Etf to fall within a particular range of prices over 90 days) . Probability of New York City price to stay between $ 5.69 and its current price of $8.73 at the end of the 90-day period is about 16.78 .
Considering the 90-day investment horizon New York City has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding New York are expected to decrease at a much lower rate. During a bear market, however, New York City is likely to outperform the market. Additionally New York City 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. New York Price Density |
| Price |
Predictive Modules for New York
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New York City. 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 New York'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.
New York Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New York is not an exception. The market had few large corrections towards the New York'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 New York City, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New York within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.05 |
New York 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 New York for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New York City can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New York City generated a negative expected return over the last 90 days | |
| New York City has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 62.71 M. Reported Net Loss for the year was (105.92 M) with profit before taxes, overhead, and interest of 23 M. | |
| New York City has about 9.21 M in cash with (7.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.64. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: WH Unveils Exciting New Innovations at the 100th Annual Greater NY Dental Meeting in NYC | |
| The fund maintains 99.86% of its assets in stocks |
New York Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of New Etf often depends not only on the future outlook of the current and potential New York's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. New York's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 M | |
| Cash And Short Term Investments | 5.3 M |
New York Technical Analysis
New York's future price can be derived by breaking down and analyzing its technical indicators over time. New Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New York City. In general, you should focus on analyzing New Etf price patterns and their correlations with different microeconomic environments and drivers.
New York Predictive Forecast Models
New York's time-series forecasting models is one of many New York'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 New York'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 New York City
Checking the ongoing alerts about New York for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New York City help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New York City generated a negative expected return over the last 90 days | |
| New York City has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 62.71 M. Reported Net Loss for the year was (105.92 M) with profit before taxes, overhead, and interest of 23 M. | |
| New York City has about 9.21 M in cash with (7.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.64. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: WH Unveils Exciting New Innovations at the 100th Annual Greater NY Dental Meeting in NYC | |
| The fund maintains 99.86% of its assets in stocks |
Other Information on Investing in New Etf
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.