Td Global Technology Etf Probability of Future Etf Price Finishing Over 42.86
| TEC Etf | CAD 44.04 0.56 1.29% |
TEC |
TD Global Target Price Odds to finish over 42.86
The tendency of TEC 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 stay above C$ 42.86 in 90 days |
| 44.04 | 90 days | 42.86 | about 14.08 |
Based on a normal probability distribution, the odds of TD Global to stay above C$ 42.86 in 90 days from now is about 14.08 (This TD Global Technology probability density function shows the probability of TEC Etf to fall within a particular range of prices over 90 days) . Probability of TD Global Technology price to stay between C$ 42.86 and its current price of C$44.04 at the end of the 90-day period is about 9.45 .
Assuming the 90 days trading horizon TD Global has a beta of 0.42. This usually implies as returns on the market go up, TD Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TD Global Technology will be expected to be much smaller as well. Additionally TD Global Technology has an alpha of 0.1092, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TD Global Price Density |
| Price |
Predictive Modules for TD 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 TD Global Technology. 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.TD Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TD Global is not an exception. The market had few large corrections towards the TD 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 TD Global Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TD Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | 0.04 |
TD 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 TD Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TD Global Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Whats in Store for Big Tech ETFs in Trump 2.0 - Yahoo Finance | |
| The fund maintains 97.65% of its assets in stocks |
TD Global Technical Analysis
TD Global's future price can be derived by breaking down and analyzing its technical indicators over time. TEC Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TD Global Technology. In general, you should focus on analyzing TEC Etf price patterns and their correlations with different microeconomic environments and drivers.
TD Global Predictive Forecast Models
TD Global's time-series forecasting models is one of many TD 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 TD 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 TD Global Technology
Checking the ongoing alerts about TD Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TD Global Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Whats in Store for Big Tech ETFs in Trump 2.0 - Yahoo Finance | |
| The fund maintains 97.65% of its assets in stocks |
Other Information on Investing in TEC Etf
TD Global financial ratios help investors to determine whether TEC Etf 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 TEC with respect to the benefits of owning TD Global security.