Sparinvest INDEX (Denmark) Probability of Future Fund Price Finishing Under 121.87
| SPIEUVKL | DKK 121.49 0.81 0.67% |
Sparinvest |
Sparinvest INDEX Target Price Odds to finish below 121.87
The tendency of Sparinvest Fund 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 stay under kr 121.87 after 90 days |
| 121.49 | 90 days | 121.87 | about 40.69 |
Based on a normal probability distribution, the odds of Sparinvest INDEX to stay under kr 121.87 after 90 days from now is about 40.69 (This Sparinvest INDEX Europa probability density function shows the probability of Sparinvest Fund to fall within a particular range of prices over 90 days) . Probability of Sparinvest INDEX Europa price to stay between its current price of kr 121.49 and kr 121.87 at the end of the 90-day period is about 11.07 .
Assuming the 90 days trading horizon Sparinvest INDEX has a beta of 0.26. This usually implies as returns on the market go up, Sparinvest INDEX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparinvest INDEX Europa will be expected to be much smaller as well. Additionally Sparinvest INDEX Europa 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. Sparinvest INDEX Price Density |
| Price |
Predictive Modules for Sparinvest INDEX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparinvest INDEX Europa. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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 Sparinvest INDEX'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.
Sparinvest INDEX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sparinvest INDEX is not an exception. The market had few large corrections towards the Sparinvest INDEX'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 Sparinvest INDEX Europa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sparinvest INDEX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | -0.19 |
Sparinvest INDEX Technical Analysis
Sparinvest INDEX's future price can be derived by breaking down and analyzing its technical indicators over time. Sparinvest Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sparinvest INDEX Europa. In general, you should focus on analyzing Sparinvest Fund price patterns and their correlations with different microeconomic environments and drivers.
Sparinvest INDEX Predictive Forecast Models
Sparinvest INDEX's time-series forecasting models is one of many Sparinvest INDEX's fund 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 Sparinvest INDEX'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 fund 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 Sparinvest INDEX 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, Sparinvest INDEX's short interest history, or implied volatility extrapolated from Sparinvest INDEX options trading.
Other Information on Investing in Sparinvest Fund
Sparinvest INDEX financial ratios help investors to determine whether Sparinvest Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparinvest with respect to the benefits of owning Sparinvest INDEX security.
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