Mairs Power Minnesota Etf Price Prediction
| MINN Etf | USD 22.61 0.05 0.22% |
Momentum 60
Buy Extended
Oversold | Overbought |
Using Mairs Power hype-based prediction, you can estimate the value of Mairs Power Minnesota from the perspective of Mairs Power response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Mairs Power to buy its etf at a price that has no basis in reality. In that case, they are not buying Mairs because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Mairs Power after-hype prediction price | USD 22.55 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Mairs Power Basic Forecasting Models to cross-verify your projections. Mairs Power After-Hype Price Density Analysis
As far as predicting the price of Mairs Power at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Mairs Power or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Mairs Power, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Mairs Power Estimiated After-Hype Price Volatility
In the context of predicting Mairs Power's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mairs Power's historical news coverage. Mairs Power's after-hype downside and upside margins for the prediction period are 22.23 and 22.87, respectively. We have considered Mairs Power's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Mairs Power is very steady at this time. Analysis and calculation of next after-hype price of Mairs Power Minnesota is based on 3 months time horizon.
Mairs Power Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Mairs Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mairs Power backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Mairs Power, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 0.32 | 0.01 | 0.00 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
22.61 | 22.55 | 0.04 |
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Mairs Power Hype Timeline
Mairs Power Minnesota is now traded for 22.61. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Mairs is estimated to decline in value after the next headline, with the price expected to drop to 22.55. The average volatility of media hype impact on the company price is about 139.13%. The price decrease on the next news is expected to be -0.04%, whereas the daily expected return is now at 0.03%. The volatility of related hype on Mairs Power is about 32000.0%, with the expected price after the next announcement by competition of 22.61. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 7 days. Check out Mairs Power Basic Forecasting Models to cross-verify your projections.Mairs Power Related Hype Analysis
Having access to credible news sources related to Mairs Power's direct competition is more important than ever and may enhance your ability to predict Mairs Power's future price movements. Getting to know how Mairs Power's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Mairs Power may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OVM | Overlay Shares Municipal | 0.00 | 0 per month | 0.23 | (0.21) | 0.42 | (0.33) | 1.91 | |
| MNBD | ALPS Intermediate Municipal | 0.04 | 1 per month | 0.00 | (0.48) | 0.16 | (0.19) | 0.93 | |
| FTBD | Fidelity Tactical Bond | (0.08) | 3 per month | 0.21 | (0.37) | 0.30 | (0.32) | 0.85 | |
| AUSM | Allspring Exchange Traded Funds | 0.00 | 0 per month | 0.00 | (1.73) | 0.08 | (0.04) | 0.16 | |
| TBJL | Innovator 20 Year | 0.10 | 2 per month | 0.00 | (0.33) | 0.45 | (0.65) | 1.58 | |
| VSHY | Virtus ETF Trust | 0.02 | 2 per month | 0.06 | (0.35) | 0.33 | (0.23) | 0.88 | |
| BBSB | JP Morgan Exchange Traded | 0.06 | 4 per month | 0.00 | (1.32) | 0.10 | (0.07) | 0.21 | |
| XHYC | BondBloxx ETF Trust | (0.08) | 1 per month | 0.00 | (0.33) | 0.27 | (0.27) | 0.67 | |
| HYSA | BondBloxx ETF Trust | (0.03) | 5 per month | 0.14 | (0.23) | 0.40 | (0.33) | 1.20 | |
| GEMD | Goldman Sachs ETF | (0.04) | 1 per month | 0.17 | (0.18) | 0.40 | (0.38) | 2.02 |
Mairs Power Additional Predictive Modules
Most predictive techniques to examine Mairs price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mairs using various technical indicators. When you analyze Mairs charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Mairs Power Predictive Indicators
The successful prediction of Mairs Power stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Mairs Power Minnesota, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Mairs Power based on analysis of Mairs Power hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Mairs Power's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Mairs Power's related companies.
Pair Trading with Mairs Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mairs Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mairs Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Mairs Etf
| 0.8 | GDXU | MicroSectors Gold Miners | PairCorr |
| 0.77 | MUU | Direxion Daily MU Buyout Trend | PairCorr |
| 0.81 | AGQ | ProShares Ultra Silver Trending | PairCorr |
| 0.78 | MULL | GraniteShares 2x Long | PairCorr |
| 0.81 | JNUG | Direxion Daily Junior | PairCorr |
The ability to find closely correlated positions to Mairs Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mairs Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mairs Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mairs Power Minnesota to buy it.
The correlation of Mairs Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mairs Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mairs Power Minnesota moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mairs Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Mairs Power Basic Forecasting Models to cross-verify your projections. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power'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 Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power'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 Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power'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.