Tema Monopolies And Etf Probability of Future Etf Price Finishing Under 31.94
| TOLL Etf | 33.44 0.55 1.67% |
Tema |
Tema Monopolies Target Price Odds to finish below 31.94
The tendency of Tema 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 31.94 or more in 90 days |
| 33.44 | 90 days | 31.94 | about 19.43 |
Based on a normal probability distribution, the odds of Tema Monopolies to drop to 31.94 or more in 90 days from now is about 19.43 (This Tema Monopolies and probability density function shows the probability of Tema Etf to fall within a particular range of prices over 90 days) . Probability of Tema Monopolies price to stay between 31.94 and its current price of 33.44 at the end of the 90-day period is about 75.66 .
Given the investment horizon of 90 days Tema Monopolies has a beta of 0.39. This usually implies as returns on the market go up, Tema Monopolies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tema Monopolies and will be expected to be much smaller as well. Additionally Tema Monopolies and 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. Tema Monopolies Price Density |
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Predictive Modules for Tema Monopolies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tema Monopolies. 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.Tema Monopolies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tema Monopolies is not an exception. The market had few large corrections towards the Tema Monopolies' 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 Tema Monopolies and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tema Monopolies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0027 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.06 |
Tema Monopolies 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 Tema Monopolies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tema Monopolies 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 benzinga.com: Uber, Lyft Could Gain From New York City Congestion Pricing They Championed |
Tema Monopolies Technical Analysis
Tema Monopolies' future price can be derived by breaking down and analyzing its technical indicators over time. Tema Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tema Monopolies and. In general, you should focus on analyzing Tema Etf price patterns and their correlations with different microeconomic environments and drivers.
Tema Monopolies Predictive Forecast Models
Tema Monopolies' time-series forecasting models is one of many Tema Monopolies' 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 Tema Monopolies' 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 Tema Monopolies
Checking the ongoing alerts about Tema Monopolies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tema Monopolies 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 benzinga.com: Uber, Lyft Could Gain From New York City Congestion Pricing They Championed |
Check out Tema Monopolies Backtesting, Portfolio Optimization, Tema Monopolies Correlation, Tema Monopolies Hype Analysis, Tema Monopolies Volatility, Tema Monopolies History as well as Tema Monopolies Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Tema Monopolies is measured differently than its book value, which is the value of Tema that is recorded on the company's balance sheet. Investors also form their own opinion of Tema Monopolies' value that differs from its market value or its book value, called intrinsic value, which is Tema Monopolies' 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 Tema Monopolies' market value can be influenced by many factors that don't directly affect Tema Monopolies' 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 Tema Monopolies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Monopolies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Monopolies' 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.