Etfis Series Trust Etf Probability of Future Etf Price Finishing Over 19.74
| PFFR Etf | USD 19.31 0.04 0.21% |
ETFis |
ETFis Series Target Price Odds to finish over 19.74
The tendency of ETFis 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 move over $ 19.74 or more in 90 days |
| 19.31 | 90 days | 19.74 | about 12.48 |
Based on a normal probability distribution, the odds of ETFis Series to move over $ 19.74 or more in 90 days from now is about 12.48 (This ETFis Series Trust probability density function shows the probability of ETFis Etf to fall within a particular range of prices over 90 days) . Probability of ETFis Series Trust price to stay between its current price of $ 19.31 and $ 19.74 at the end of the 90-day period is about 43.54 .
Given the investment horizon of 90 days ETFis Series has a beta of 0.22 indicating as returns on the market go up, ETFis Series average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ETFis Series Trust will be expected to be much smaller as well. Additionally ETFis Series Trust has an alpha of 0.0246, implying that it can generate a 0.0246 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ETFis Series Price Density |
| Price |
Predictive Modules for ETFis Series
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ETFis Series Trust. 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.ETFis Series Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ETFis Series is not an exception. The market had few large corrections towards the ETFis Series' 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 ETFis Series Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ETFis Series within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.16 |
ETFis Series 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 ETFis Series for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ETFis Series Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains all of the assets in different exotic instruments |
ETFis Series Technical Analysis
ETFis Series' future price can be derived by breaking down and analyzing its technical indicators over time. ETFis Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ETFis Series Trust. In general, you should focus on analyzing ETFis Etf price patterns and their correlations with different microeconomic environments and drivers.
ETFis Series Predictive Forecast Models
ETFis Series' time-series forecasting models is one of many ETFis Series' 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 ETFis Series' 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 ETFis Series Trust
Checking the ongoing alerts about ETFis Series for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ETFis Series Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains all of the assets in different exotic instruments |
Check out ETFis Series Backtesting, Portfolio Optimization, ETFis Series Correlation, ETFis Series Hype Analysis, ETFis Series Volatility, ETFis Series History as well as ETFis Series Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of ETFis Series Trust is measured differently than its book value, which is the value of ETFis that is recorded on the company's balance sheet. Investors also form their own opinion of ETFis Series' value that differs from its market value or its book value, called intrinsic value, which is ETFis Series' 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 ETFis Series' market value can be influenced by many factors that don't directly affect ETFis Series' 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 ETFis Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFis Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFis Series' 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.