Wahed Dow Jones Etf Probability of Future Etf Price Finishing Under 22.87
| UMMA Etf | USD 24.02 0.21 0.88% |
Wahed |
Wahed Dow Target Price Odds to finish below 22.87
The tendency of Wahed 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 $ 22.87 or more in 90 days |
| 24.02 | 90 days | 22.87 | near 1 |
Based on a normal probability distribution, the odds of Wahed Dow to drop to $ 22.87 or more in 90 days from now is near 1 (This Wahed Dow Jones probability density function shows the probability of Wahed Etf to fall within a particular range of prices over 90 days) . Probability of Wahed Dow Jones price to stay between $ 22.87 and its current price of $24.02 at the end of the 90-day period is about 5.9 .
Given the investment horizon of 90 days Wahed Dow has a beta of 0.59. This usually implies as returns on the market go up, Wahed Dow average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wahed Dow Jones will be expected to be much smaller as well. Additionally Wahed Dow Jones 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. Wahed Dow Price Density |
| Price |
Predictive Modules for Wahed Dow
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wahed Dow Jones. 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.Wahed Dow Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wahed Dow is not an exception. The market had few large corrections towards the Wahed Dow'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 Wahed Dow Jones, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wahed Dow within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | -0.17 |
Wahed Dow 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 Wahed Dow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wahed Dow Jones can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wahed Dow Jones generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund keeps 99.42% of its net assets in stocks |
Wahed Dow Technical Analysis
Wahed Dow's future price can be derived by breaking down and analyzing its technical indicators over time. Wahed Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wahed Dow Jones. In general, you should focus on analyzing Wahed Etf price patterns and their correlations with different microeconomic environments and drivers.
Wahed Dow Predictive Forecast Models
Wahed Dow's time-series forecasting models is one of many Wahed Dow'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 Wahed Dow'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 Wahed Dow Jones
Checking the ongoing alerts about Wahed Dow for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wahed Dow Jones help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wahed Dow Jones generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund keeps 99.42% of its net assets in stocks |
Check out Wahed Dow Backtesting, Portfolio Optimization, Wahed Dow Correlation, Wahed Dow Hype Analysis, Wahed Dow Volatility, Wahed Dow History as well as Wahed Dow Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Wahed Dow Jones is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed Dow's value that differs from its market value or its book value, called intrinsic value, which is Wahed Dow'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 Wahed Dow's market value can be influenced by many factors that don't directly affect Wahed Dow'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 Wahed Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed Dow'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.