Us Global Sea Etf Probability of Future Etf Price Finishing Under 14.79
| SEA Etf | USD 15.84 0.26 1.61% |
SEA |
US Global Target Price Odds to finish below 14.79
The tendency of SEA 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 $ 14.79 or more in 90 days |
| 15.84 | 90 days | 14.79 | near 1 |
Based on a normal probability distribution, the odds of US Global to drop to $ 14.79 or more in 90 days from now is near 1 (This US Global Sea probability density function shows the probability of SEA Etf to fall within a particular range of prices over 90 days) . Probability of US Global Sea price to stay between $ 14.79 and its current price of $15.84 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon US Global Sea has a beta of -0.0561. This usually implies as returns on the benchmark increase, returns on holding US Global are expected to decrease at a much lower rate. During a bear market, however, US Global Sea is likely to outperform the market. Additionally US Global Sea 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. US Global Price Density |
| Price |
Predictive Modules for US Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as US Global Sea. 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 US Global'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.
US Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. US Global is not an exception. The market had few large corrections towards the US Global'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 US Global Sea, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of US Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.17 |
US Global 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 US Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for US Global Sea can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| US Global Sea generated a negative expected return over the last 90 days | |
| Latest headline from prnewswire.com: OCEANIA CRUISES CELEBRATES 15 YEARS OF THE CULINARY CENTER, THE WORLDS FIRST HANDS-ON COOKING SCHOOL AT SEA | |
| The fund maintains 94.58% of its assets in stocks |
US Global Technical Analysis
US Global's future price can be derived by breaking down and analyzing its technical indicators over time. SEA Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of US Global Sea. In general, you should focus on analyzing SEA Etf price patterns and their correlations with different microeconomic environments and drivers.
US Global Predictive Forecast Models
US Global's time-series forecasting models is one of many US Global'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 US Global'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 US Global Sea
Checking the ongoing alerts about US Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for US Global Sea help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| US Global Sea generated a negative expected return over the last 90 days | |
| Latest headline from prnewswire.com: OCEANIA CRUISES CELEBRATES 15 YEARS OF THE CULINARY CENTER, THE WORLDS FIRST HANDS-ON COOKING SCHOOL AT SEA | |
| The fund maintains 94.58% of its assets in stocks |
Check out US Global Backtesting, Portfolio Optimization, US Global Correlation, US Global Hype Analysis, US Global Volatility, US Global History as well as US Global Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of US Global Sea is measured differently than its book value, which is the value of SEA that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.