Affinity World Leaders Etf Probability of Future Etf Price Finishing Over 35.65
| WLDR Etf | USD 34.64 0.30 0.86% |
Affinity |
Affinity World Target Price Odds to finish over 35.65
The tendency of Affinity 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 over $ 35.65 or more in 90 days |
| 34.64 | 90 days | 35.65 | near 1 |
Based on a normal probability distribution, the odds of Affinity World to move over $ 35.65 or more in 90 days from now is near 1 (This Affinity World Leaders probability density function shows the probability of Affinity Etf to fall within a particular range of prices over 90 days) . Probability of Affinity World Leaders price to stay between its current price of $ 34.64 and $ 35.65 at the end of the 90-day period is about 5.83 .
Given the investment horizon of 90 days Affinity World has a beta of 0.72. This entails as returns on the market go up, Affinity World average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Affinity World Leaders will be expected to be much smaller as well. Additionally Affinity World Leaders has an alpha of 0.0313, implying that it can generate a 0.0313 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Affinity World Price Density |
| Price |
Predictive Modules for Affinity World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Affinity World Leaders. 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 Affinity World'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.
Affinity World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Affinity World is not an exception. The market had few large corrections towards the Affinity World'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 Affinity World Leaders, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Affinity World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.0015 |
Affinity World 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 Affinity World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Affinity World Leaders 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: Affinity World Leaders Equity ETF Shares Sold by Atria Investments Inc - Defense World | |
| The fund keeps 99.81% of its net assets in stocks |
Affinity World Technical Analysis
Affinity World's future price can be derived by breaking down and analyzing its technical indicators over time. Affinity Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Affinity World Leaders. In general, you should focus on analyzing Affinity Etf price patterns and their correlations with different microeconomic environments and drivers.
Affinity World Predictive Forecast Models
Affinity World's time-series forecasting models is one of many Affinity World'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 Affinity World'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 Affinity World Leaders
Checking the ongoing alerts about Affinity World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Affinity World Leaders 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: Affinity World Leaders Equity ETF Shares Sold by Atria Investments Inc - Defense World | |
| The fund keeps 99.81% of its net assets in stocks |
Check out Affinity World Backtesting, Portfolio Optimization, Affinity World Correlation, Affinity World Hype Analysis, Affinity World Volatility, Affinity World History as well as Affinity World Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Affinity World Leaders is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity World's value that differs from its market value or its book value, called intrinsic value, which is Affinity World'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 Affinity World's market value can be influenced by many factors that don't directly affect Affinity World'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 Affinity World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity World'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.