Iq Global Equity Etf Probability of Future Etf Price Finishing Over 29.16
| WRND Etf | USD 29.29 0.05 0.17% |
WRND |
IQ Global Target Price Odds to finish over 29.16
The tendency of WRND 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 $ 29.16 in 90 days |
| 29.29 | 90 days | 29.16 | about 79.59 |
Based on a normal probability distribution, the odds of IQ Global to stay above $ 29.16 in 90 days from now is about 79.59 (This IQ Global Equity probability density function shows the probability of WRND Etf to fall within a particular range of prices over 90 days) . Probability of IQ Global Equity price to stay between $ 29.16 and its current price of $29.29 at the end of the 90-day period is about 7.78 .
Given the investment horizon of 90 days IQ Global has a beta of 0.54. This entails as returns on the market go up, IQ Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IQ Global Equity will be expected to be much smaller as well. Additionally IQ Global Equity 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. IQ Global Price Density |
| Price |
Predictive Modules for IQ Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IQ Global Equity. 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.IQ Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IQ Global is not an exception. The market had few large corrections towards the IQ Global'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 IQ Global Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IQ Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.15 |
IQ Global 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 IQ Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IQ Global Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IQ Global Equity generated a negative expected return over the last 90 days | |
| The fund keeps 99.95% of its net assets in stocks |
IQ Global Technical Analysis
IQ Global's future price can be derived by breaking down and analyzing its technical indicators over time. WRND Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IQ Global Equity. In general, you should focus on analyzing WRND Etf price patterns and their correlations with different microeconomic environments and drivers.
IQ Global Predictive Forecast Models
IQ Global's time-series forecasting models is one of many IQ Global'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 IQ Global'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 IQ Global Equity
Checking the ongoing alerts about IQ Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IQ Global Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IQ Global Equity generated a negative expected return over the last 90 days | |
| The fund keeps 99.95% of its net assets in stocks |
Check out IQ Global Backtesting, Portfolio Optimization, IQ Global Correlation, IQ Global Hype Analysis, IQ Global Volatility, IQ Global History as well as IQ Global Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of IQ Global Equity is measured differently than its book value, which is the value of WRND that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Global's value that differs from its market value or its book value, called intrinsic value, which is IQ Global'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 IQ Global's market value can be influenced by many factors that don't directly affect IQ Global'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 IQ Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Global'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.