Defiance Daily Target Etf Probability of Future Etf Price Finishing Under 40.05
| SMCX Etf | 50.61 8.14 13.86% |
Defiance |
Defiance Daily Target Price Odds to finish below 40.05
The tendency of Defiance 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 40.05 or more in 90 days |
| 50.61 | 90 days | 40.05 | about 8.27 |
Based on a normal probability distribution, the odds of Defiance Daily to drop to 40.05 or more in 90 days from now is about 8.27 (This Defiance Daily Target probability density function shows the probability of Defiance Etf to fall within a particular range of prices over 90 days) . Probability of Defiance Daily Target price to stay between 40.05 and its current price of 50.61 at the end of the 90-day period is roughly 2.64 .
Given the investment horizon of 90 days Defiance Daily Target has a beta of -1.16. This usually implies as returns on its benchmark rise, returns on holding Defiance Daily Target are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Defiance Daily is expected to outperform its benchmark. Additionally Defiance Daily Target 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. Defiance Daily Price Density |
| Price |
Predictive Modules for Defiance Daily
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Defiance Daily Target. 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 Defiance Daily'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.
Defiance Daily Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Defiance Daily is not an exception. The market had few large corrections towards the Defiance Daily'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 Defiance Daily Target, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Defiance Daily within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -1.16 | |
σ | Overall volatility | 67.97 | |
Ir | Information ratio | -0.02 |
Defiance Daily 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 Defiance Daily for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Defiance Daily Target can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Defiance Daily generated a negative expected return over the last 90 days | |
| Defiance Daily has high historical volatility and very poor performance | |
| Latest headline from zacks.com: 5 Leveraged ETFs of Last Week That Gained More Than 25 |
Defiance Daily Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Defiance Etf often depends not only on the future outlook of the current and potential Defiance Daily's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Defiance Daily's indicators that are reflective of the short sentiment are summarized in the table below.
Defiance Daily Technical Analysis
Defiance Daily's future price can be derived by breaking down and analyzing its technical indicators over time. Defiance Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Defiance Daily Target. In general, you should focus on analyzing Defiance Etf price patterns and their correlations with different microeconomic environments and drivers.
Defiance Daily Predictive Forecast Models
Defiance Daily's time-series forecasting models is one of many Defiance Daily'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 Defiance Daily'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 Defiance Daily Target
Checking the ongoing alerts about Defiance Daily for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Defiance Daily Target help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Defiance Daily generated a negative expected return over the last 90 days | |
| Defiance Daily has high historical volatility and very poor performance | |
| Latest headline from zacks.com: 5 Leveraged ETFs of Last Week That Gained More Than 25 |
Check out Defiance Daily Backtesting, Portfolio Optimization, Defiance Daily Correlation, Defiance Daily Hype Analysis, Defiance Daily Volatility, Defiance Daily History as well as Defiance Daily Performance. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Defiance Daily Target is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Daily's value that differs from its market value or its book value, called intrinsic value, which is Defiance Daily'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 Defiance Daily's market value can be influenced by many factors that don't directly affect Defiance Daily'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 Defiance Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Daily'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.