Main Thematic Innovation Etf Probability of Future Etf Price Finishing Over 23.13
| TMAT Etf | USD 21.03 0.40 1.94% |
Main |
Main Thematic Target Price Odds to finish over 23.13
The tendency of Main 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 over $ 23.13 or more in 90 days |
| 21.03 | 90 days | 23.13 | near 1 |
Based on a normal probability distribution, the odds of Main Thematic to move over $ 23.13 or more in 90 days from now is near 1 (This Main Thematic Innovation probability density function shows the probability of Main Etf to fall within a particular range of prices over 90 days) . Probability of Main Thematic Innovation price to stay between its current price of $ 21.03 and $ 23.13 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.46 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Main Thematic will likely underperform. Additionally Main Thematic Innovation has an alpha of 0.1739, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Main Thematic Price Density |
| Price |
Predictive Modules for Main Thematic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Main Thematic Innovation. 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.Main Thematic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Main Thematic is not an exception. The market had few large corrections towards the Main Thematic'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 Main Thematic Innovation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Main Thematic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 1.20 | |
Ir | Information ratio | 0.14 |
Main Thematic 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 Main Thematic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Main Thematic Innovation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund created three year return of -4.0% | |
| Main Thematic Innovation maintains 96.39% of its assets in stocks |
Main Thematic Technical Analysis
Main Thematic's future price can be derived by breaking down and analyzing its technical indicators over time. Main Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Main Thematic Innovation. In general, you should focus on analyzing Main Etf price patterns and their correlations with different microeconomic environments and drivers.
Main Thematic Predictive Forecast Models
Main Thematic's time-series forecasting models is one of many Main Thematic'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 Main Thematic'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 Main Thematic Innovation
Checking the ongoing alerts about Main Thematic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Main Thematic Innovation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund created three year return of -4.0% | |
| Main Thematic Innovation maintains 96.39% of its assets in stocks |
Check out Main Thematic Backtesting, Portfolio Optimization, Main Thematic Correlation, Main Thematic Hype Analysis, Main Thematic Volatility, Main Thematic History as well as Main Thematic Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Main Thematic Innovation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Thematic's value that differs from its market value or its book value, called intrinsic value, which is Main Thematic'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 Main Thematic's market value can be influenced by many factors that don't directly affect Main Thematic'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 Main Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Thematic'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.