Sanjac Alpha Low Etf Probability of Future Etf Price Finishing Under 24.85
| SJLD Etf | 25.14 0.01 0.04% |
SanJac |
SanJac Alpha Target Price Odds to finish below 24.85
The tendency of SanJac 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 24.85 or more in 90 days |
| 25.14 | 90 days | 24.85 | near 1 |
Based on a normal probability distribution, the odds of SanJac Alpha to drop to 24.85 or more in 90 days from now is near 1 (This SanJac Alpha Low probability density function shows the probability of SanJac Etf to fall within a particular range of prices over 90 days) . Probability of SanJac Alpha Low price to stay between 24.85 and its current price of 25.14 at the end of the 90-day period is more than 94.0 .
Given the investment horizon of 90 days SanJac Alpha has a beta of 0.0385. This usually implies as returns on the market go up, SanJac Alpha average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SanJac Alpha Low will be expected to be much smaller as well. Additionally SanJac Alpha Low 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. SanJac Alpha Price Density |
| Price |
Predictive Modules for SanJac Alpha
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SanJac Alpha Low. 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.SanJac Alpha Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SanJac Alpha is not an exception. The market had few large corrections towards the SanJac Alpha'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 SanJac Alpha Low, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SanJac Alpha within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0062 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -1.65 |
SanJac Alpha Technical Analysis
SanJac Alpha's future price can be derived by breaking down and analyzing its technical indicators over time. SanJac Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SanJac Alpha Low. In general, you should focus on analyzing SanJac Etf price patterns and their correlations with different microeconomic environments and drivers.
SanJac Alpha Predictive Forecast Models
SanJac Alpha's time-series forecasting models is one of many SanJac Alpha'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 SanJac Alpha'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SanJac Alpha in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SanJac Alpha's short interest history, or implied volatility extrapolated from SanJac Alpha options trading.
Check out SanJac Alpha Backtesting, Portfolio Optimization, SanJac Alpha Correlation, SanJac Alpha Hype Analysis, SanJac Alpha Volatility, SanJac Alpha History as well as SanJac Alpha Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SanJac Alpha Low is measured differently than its book value, which is the value of SanJac that is recorded on the company's balance sheet. Investors also form their own opinion of SanJac Alpha's value that differs from its market value or its book value, called intrinsic value, which is SanJac Alpha'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 SanJac Alpha's market value can be influenced by many factors that don't directly affect SanJac Alpha'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 SanJac Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if SanJac Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SanJac Alpha'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.