CAIXA ETF (Brazil) Probability of Future Etf Price Finishing Over 123.27
| XBOV11 Etf | BRL 123.27 1.04 0.85% |
CAIXA |
CAIXA ETF Target Price Odds to finish over 123.27
The tendency of CAIXA 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 |
| 123.27 | 90 days | 123.27 | about 98.0 |
Based on a normal probability distribution, the odds of CAIXA ETF to move above the current price in 90 days from now is about 98.0 (This CAIXA ETF Ibovespa probability density function shows the probability of CAIXA Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CAIXA ETF Ibovespa has a beta of -0.0475. This entails as returns on the benchmark increase, returns on holding CAIXA ETF are expected to decrease at a much lower rate. During a bear market, however, CAIXA ETF Ibovespa is likely to outperform the market. Additionally CAIXA ETF Ibovespa 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. CAIXA ETF Price Density |
| Price |
Predictive Modules for CAIXA ETF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CAIXA ETF Ibovespa. 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.CAIXA ETF Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CAIXA ETF is not an exception. The market had few large corrections towards the CAIXA ETF'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 CAIXA ETF Ibovespa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CAIXA ETF within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 2.72 | |
Ir | Information ratio | -0.33 |
CAIXA ETF 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 CAIXA ETF for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CAIXA ETF Ibovespa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CAIXA ETF Ibovespa generated a negative expected return over the last 90 days |
CAIXA ETF Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CAIXA Etf often depends not only on the future outlook of the current and potential CAIXA ETF's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CAIXA ETF's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 98 | |
| Average Daily Volume In Three Month | 137 |
CAIXA ETF Technical Analysis
CAIXA ETF's future price can be derived by breaking down and analyzing its technical indicators over time. CAIXA Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CAIXA ETF Ibovespa. In general, you should focus on analyzing CAIXA Etf price patterns and their correlations with different microeconomic environments and drivers.
CAIXA ETF Predictive Forecast Models
CAIXA ETF's time-series forecasting models is one of many CAIXA ETF'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 CAIXA ETF'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 CAIXA ETF Ibovespa
Checking the ongoing alerts about CAIXA ETF for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CAIXA ETF Ibovespa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CAIXA ETF Ibovespa generated a negative expected return over the last 90 days |
Other Information on Investing in CAIXA Etf
CAIXA ETF financial ratios help investors to determine whether CAIXA 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 CAIXA with respect to the benefits of owning CAIXA ETF security.