VanEck Polygon (Switzerland) Probability of Future Etf Price Finishing Over 0.44
| VPOL Etf | 0.44 0.03 6.38% |
VanEck |
VanEck Polygon Target Price Odds to finish over 0.44
The tendency of VanEck 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 above the current price in 90 days |
| 0.44 | 90 days | 0.44 | about 64.19 |
Based on a normal probability distribution, the odds of VanEck Polygon to move above the current price in 90 days from now is about 64.19 (This VanEck Polygon ETN probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon VanEck Polygon ETN has a beta of -0.22. This entails as returns on the benchmark increase, returns on holding VanEck Polygon are expected to decrease at a much lower rate. During a bear market, however, VanEck Polygon ETN is likely to outperform the market. Additionally VanEck Polygon ETN 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. VanEck Polygon Price Density |
| Price |
Predictive Modules for VanEck Polygon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Polygon ETN. 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.VanEck Polygon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Polygon is not an exception. The market had few large corrections towards the VanEck Polygon'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 VanEck Polygon ETN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Polygon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.13 |
VanEck Polygon 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 VanEck Polygon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Polygon ETN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VanEck Polygon ETN generated a negative expected return over the last 90 days | |
| VanEck Polygon ETN has high historical volatility and very poor performance | |
| VanEck Polygon ETN has some characteristics of a very speculative penny stock |
VanEck Polygon Technical Analysis
VanEck Polygon's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Polygon ETN. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Polygon Predictive Forecast Models
VanEck Polygon's time-series forecasting models is one of many VanEck Polygon'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 VanEck Polygon'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 VanEck Polygon ETN
Checking the ongoing alerts about VanEck Polygon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Polygon ETN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VanEck Polygon ETN generated a negative expected return over the last 90 days | |
| VanEck Polygon ETN has high historical volatility and very poor performance | |
| VanEck Polygon ETN has some characteristics of a very speculative penny stock |