Octane All Cap Value Etf Probability of Future Etf Price Finishing Under 17.86
| OCTA Etf | 17.15 0.17 0.98% |
Octane |
Octane All Target Price Odds to finish below 17.86
The tendency of Octane 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 17.86 after 90 days |
| 17.15 | 90 days | 17.86 | about 33.96 |
Based on a normal probability distribution, the odds of Octane All to stay under 17.86 after 90 days from now is about 33.96 (This Octane All Cap Value probability density function shows the probability of Octane Etf to fall within a particular range of prices over 90 days) . Probability of Octane All Cap price to stay between its current price of 17.15 and 17.86 at the end of the 90-day period is about 30.47 .
Given the investment horizon of 90 days Octane All has a beta of 0.81. This indicates as returns on the market go up, Octane All average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Octane All Cap Value will be expected to be much smaller as well. Additionally Octane All Cap Value 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. Octane All Price Density |
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Predictive Modules for Octane All
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Octane All Cap. 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 Octane All'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.
Octane All Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Octane All is not an exception. The market had few large corrections towards the Octane All'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 Octane All Cap Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Octane All within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.09 |
Octane All 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 Octane All for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Octane All Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Octane All Cap generated a negative expected return over the last 90 days | |
| Latest headline from financemagnates.com: Octa Brokers Trading Platform Receives Two Industry Awards at the End of 2024 |
Octane All Technical Analysis
Octane All's future price can be derived by breaking down and analyzing its technical indicators over time. Octane Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Octane All Cap Value. In general, you should focus on analyzing Octane Etf price patterns and their correlations with different microeconomic environments and drivers.
Octane All Predictive Forecast Models
Octane All's time-series forecasting models is one of many Octane All'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 Octane All'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 Octane All Cap
Checking the ongoing alerts about Octane All for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Octane All Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Octane All Cap generated a negative expected return over the last 90 days | |
| Latest headline from financemagnates.com: Octa Brokers Trading Platform Receives Two Industry Awards at the End of 2024 |
Check out Octane All Backtesting, Portfolio Optimization, Octane All Correlation, Octane All Hype Analysis, Octane All Volatility, Octane All History as well as Octane All Performance. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Octane All Cap is measured differently than its book value, which is the value of Octane that is recorded on the company's balance sheet. Investors also form their own opinion of Octane All's value that differs from its market value or its book value, called intrinsic value, which is Octane All'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 Octane All's market value can be influenced by many factors that don't directly affect Octane All'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 Octane All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Octane All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Octane All'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.