MYMG Etf Forecast - Risk Adjusted Performance
| MYMG Etf | 24.99 0.01 0.04% |
MYMG Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MYMG's historical fundamentals, such as revenue growth or operating cash flow patterns.
MYMG |
| Check MYMG Volatility | Backtest MYMG | Trend Details |
MYMG Trading Date Momentum
| On December 02 2024 MYMG was traded for 25.00 at the closing time. The top price for the day was 25.00 and the lowest listed price was 25.00 . The trading volume for the day was 800. The trading history from December 2, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.12% . The trading delta at closing time against the current closing price is 0.12% . |
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Other Forecasting Options for MYMG
For every potential investor in MYMG, whether a beginner or expert, MYMG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MYMG Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MYMG. Basic forecasting techniques help filter out the noise by identifying MYMG's price trends.MYMG Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MYMG etf to make a market-neutral strategy. Peer analysis of MYMG could also be used in its relative valuation, which is a method of valuing MYMG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MYMG Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MYMG's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of MYMG's current price.| Cycle Indicators | ||
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| Volume Indicators |
MYMG Market Strength Events
Market strength indicators help investors to evaluate how MYMG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYMG shares will generate the highest return on investment. By undertsting and applying MYMG etf market strength indicators, traders can identify MYMG entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.99 | |||
| Day Typical Price | 24.99 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
MYMG Risk Indicators
The analysis of MYMG's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MYMG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mymg etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.1117 | |||
| Semi Deviation | 0.1522 | |||
| Standard Deviation | 0.1653 | |||
| Variance | 0.0273 | |||
| Downside Variance | 0.0457 | |||
| Semi Variance | 0.0232 | |||
| Expected Short fall | (0.12) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether MYMG is a strong investment it is important to analyze MYMG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYMG's future performance. For an informed investment choice regarding MYMG Etf, refer to the following important reports:Check out Historical Fundamental Analysis of MYMG to cross-verify your projections. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of MYMG is measured differently than its book value, which is the value of MYMG that is recorded on the company's balance sheet. Investors also form their own opinion of MYMG's value that differs from its market value or its book value, called intrinsic value, which is MYMG'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 MYMG's market value can be influenced by many factors that don't directly affect MYMG'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 MYMG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYMG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYMG'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.