Uscf Gold Strategy Etf Probability of Future Etf Price Finishing Under 29.39
| USG Etf | USD 29.86 0.25 0.84% |
USCF |
USCF Gold Target Price Odds to finish below 29.39
The tendency of USCF 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 $ 29.39 or more in 90 days |
| 29.86 | 90 days | 29.39 | about 42.7 |
Based on a normal probability distribution, the odds of USCF Gold to drop to $ 29.39 or more in 90 days from now is about 42.7 (This USCF Gold Strategy probability density function shows the probability of USCF Etf to fall within a particular range of prices over 90 days) . Probability of USCF Gold Strategy price to stay between $ 29.39 and its current price of $29.86 at the end of the 90-day period is about 21.43 .
Considering the 90-day investment horizon USCF Gold Strategy has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding USCF Gold are expected to decrease at a much lower rate. During a bear market, however, USCF Gold Strategy is likely to outperform the market. Additionally USCF Gold Strategy has an alpha of 0.1082, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). USCF Gold Price Density |
| Price |
Predictive Modules for USCF Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as USCF Gold Strategy. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of USCF Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
USCF Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. USCF Gold is not an exception. The market had few large corrections towards the USCF Gold'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 USCF Gold Strategy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of USCF Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.04 |
USCF Gold 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 USCF Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for USCF Gold Strategy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| USCF Gold Strategy was previously known as USCF Gold Strategy and was traded on NYSE ARCA Exchange under the symbol GLDX. | |
| Over 82.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 14964 shares by Scanlon Jennifer F. of USCF Gold at 42.5016 subject to Rule 16b-3 | |
| The fund keeps all of the net assets in exotic instruments |
USCF Gold Technical Analysis
USCF Gold's future price can be derived by breaking down and analyzing its technical indicators over time. USCF Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of USCF Gold Strategy. In general, you should focus on analyzing USCF Etf price patterns and their correlations with different microeconomic environments and drivers.
USCF Gold Predictive Forecast Models
USCF Gold's time-series forecasting models is one of many USCF Gold'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 USCF Gold'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 USCF Gold Strategy
Checking the ongoing alerts about USCF Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for USCF Gold Strategy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| USCF Gold Strategy was previously known as USCF Gold Strategy and was traded on NYSE ARCA Exchange under the symbol GLDX. | |
| Over 82.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 14964 shares by Scanlon Jennifer F. of USCF Gold at 42.5016 subject to Rule 16b-3 | |
| The fund keeps all of the net assets in exotic instruments |
Other Information on Investing in USCF Etf
USCF Gold financial ratios help investors to determine whether USCF 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 USCF with respect to the benefits of owning USCF Gold security.