Vaneck Preferred Securities Etf Probability of Future Etf Price Finishing Under 16.47
| PFXF Etf | USD 17.94 0.02 0.11% |
VanEck |
VanEck Preferred Target Price Odds to finish below 16.47
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 drop to $ 16.47 or more in 90 days |
| 17.94 | 90 days | 16.47 | near 1 |
Based on a normal probability distribution, the odds of VanEck Preferred to drop to $ 16.47 or more in 90 days from now is near 1 (This VanEck Preferred Securities probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Preferred Sec price to stay between $ 16.47 and its current price of $17.94 at the end of the 90-day period is about 36.0 .
Given the investment horizon of 90 days VanEck Preferred has a beta of 0.21 indicating as returns on the market go up, VanEck Preferred average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Preferred Securities will be expected to be much smaller as well. Additionally VanEck Preferred Securities 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. VanEck Preferred Price Density |
| Price |
Predictive Modules for VanEck Preferred
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 Preferred Sec. 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 VanEck Preferred'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.
VanEck Preferred Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Preferred is not an exception. The market had few large corrections towards the VanEck Preferred'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 Preferred Securities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Preferred within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0053 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.2 |
VanEck Preferred 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 Preferred for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Preferred Sec 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: Acorn Wealth Advisors LLC Has 292,000 Stake in VanEck Preferred Securities ex Financials ETF | |
| The fund maintains most of the assets in different exotic instruments. |
VanEck Preferred Technical Analysis
VanEck Preferred'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 Preferred Securities. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Preferred Predictive Forecast Models
VanEck Preferred's time-series forecasting models is one of many VanEck Preferred'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 Preferred'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 Preferred Sec
Checking the ongoing alerts about VanEck Preferred for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Preferred Sec 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: Acorn Wealth Advisors LLC Has 292,000 Stake in VanEck Preferred Securities ex Financials ETF | |
| The fund maintains most of the assets in different exotic instruments. |
Check out VanEck Preferred Backtesting, Portfolio Optimization, VanEck Preferred Correlation, VanEck Preferred Hype Analysis, VanEck Preferred Volatility, VanEck Preferred History as well as VanEck Preferred Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of VanEck Preferred Sec 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is VanEck Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect VanEck Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Preferred'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.