Virtus Reaves Utilities Etf Probability of Future Etf Price Finishing Over 44.68
| UTES Etf | USD 69.83 0.34 0.49% |
Virtus |
Virtus Reaves Target Price Odds to finish over 44.68
The tendency of Virtus 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 $ 44.68 in 90 days |
| 69.83 | 90 days | 44.68 | close to 99 |
Based on a normal probability distribution, the odds of Virtus Reaves to stay above $ 44.68 in 90 days from now is close to 99 (This Virtus Reaves Utilities probability density function shows the probability of Virtus Etf to fall within a particular range of prices over 90 days) . Probability of Virtus Reaves Utilities price to stay between $ 44.68 and its current price of $69.83 at the end of the 90-day period is over 95.59 .
Given the investment horizon of 90 days Virtus Reaves has a beta of 0.48. This usually implies as returns on the market go up, Virtus Reaves average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus Reaves Utilities will be expected to be much smaller as well. Additionally Virtus Reaves Utilities has an alpha of 0.2657, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Virtus Reaves Price Density |
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Predictive Modules for Virtus Reaves
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Reaves Utilities. 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 Virtus Reaves' 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.
Virtus Reaves Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Virtus Reaves is not an exception. The market had few large corrections towards the Virtus Reaves' 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 Virtus Reaves Utilities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virtus Reaves within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 3.84 | |
Ir | Information ratio | 0.13 |
Virtus Reaves 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 Virtus Reaves for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virtus Reaves Utilities 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: UTES A Strong Performing ETF Thanks To Active Management - Seeking Alpha | |
| The fund keeps 99.3% of its net assets in stocks |
Virtus Reaves Technical Analysis
Virtus Reaves' future price can be derived by breaking down and analyzing its technical indicators over time. Virtus Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virtus Reaves Utilities. In general, you should focus on analyzing Virtus Etf price patterns and their correlations with different microeconomic environments and drivers.
Virtus Reaves Predictive Forecast Models
Virtus Reaves' time-series forecasting models is one of many Virtus Reaves' 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 Virtus Reaves' 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 Virtus Reaves Utilities
Checking the ongoing alerts about Virtus Reaves for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virtus Reaves Utilities 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: UTES A Strong Performing ETF Thanks To Active Management - Seeking Alpha | |
| The fund keeps 99.3% of its net assets in stocks |
Check out Virtus Reaves Backtesting, Portfolio Optimization, Virtus Reaves Correlation, Virtus Reaves Hype Analysis, Virtus Reaves Volatility, Virtus Reaves History as well as Virtus Reaves Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Virtus Reaves Utilities is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Reaves' value that differs from its market value or its book value, called intrinsic value, which is Virtus Reaves' 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 Virtus Reaves' market value can be influenced by many factors that don't directly affect Virtus Reaves' 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 Virtus Reaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Reaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Reaves' 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.