Indexco Limited (South Africa) Probability of Future Etf Price Finishing Under 4,168
| STXCAP Etf | 4,217 26.00 0.61% |
Indexco |
Indexco Limited Target Price Odds to finish below 4,168
The tendency of Indexco 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 move below current price in 90 days |
| 4,217 | 90 days | 4,217 | about 28.07 |
Based on a normal probability distribution, the odds of Indexco Limited to move below current price in 90 days from now is about 28.07 (This Indexco Limited probability density function shows the probability of Indexco Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Indexco Limited has a beta of 0.0255. This usually implies as returns on the market go up, Indexco Limited average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Indexco Limited will be expected to be much smaller as well. Additionally Indexco Limited 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. Indexco Limited Price Density |
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Predictive Modules for Indexco Limited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indexco Limited. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Indexco Limited. Your research has to be compared to or analyzed against Indexco Limited's peers to derive any actionable benefits. When done correctly, Indexco Limited's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Indexco Limited.Indexco Limited Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indexco Limited is not an exception. The market had few large corrections towards the Indexco Limited'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 Indexco Limited , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indexco Limited within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 97.55 | |
Ir | Information ratio | -0.21 |
Indexco Limited Technical Analysis
Indexco Limited's future price can be derived by breaking down and analyzing its technical indicators over time. Indexco Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indexco Limited . In general, you should focus on analyzing Indexco Etf price patterns and their correlations with different microeconomic environments and drivers.
Indexco Limited Predictive Forecast Models
Indexco Limited's time-series forecasting models is one of many Indexco Limited'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 Indexco Limited'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 Indexco Limited 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, Indexco Limited's short interest history, or implied volatility extrapolated from Indexco Limited options trading.