Global Healthcare Income Fund Price Prediction
| HIG Fund | CAD 8.11 0.06 0.75% |
Momentum 57
Buy Extended
Oversold | Overbought |
Using Global Healthcare hype-based prediction, you can estimate the value of Global Healthcare Income from the perspective of Global Healthcare 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 Global Healthcare to buy its fund at a price that has no basis in reality. In that case, they are not buying Global 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 funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Global Healthcare after-hype prediction price | CAD 8.11 |
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 fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Global |
Global Healthcare After-Hype Price Density Analysis
As far as predicting the price of Global Healthcare 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 Global Healthcare 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 Fund prices, such as prices of Global Healthcare, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Global Healthcare Estimiated After-Hype Price Volatility
In the context of predicting Global Healthcare's fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Global Healthcare's historical news coverage. Global Healthcare's after-hype downside and upside margins for the prediction period are 7.19 and 9.03, respectively. We have considered Global Healthcare'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
Global Healthcare is not too volatile at this time. Analysis and calculation of next after-hype price of Global Healthcare Income is based on 3 months time horizon.
Global Healthcare Fund Price Outlook Analysis
Have you ever been surprised when a price of a Fund such as Global Healthcare is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Global Healthcare 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 Fund 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 Global Healthcare, 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 |
0.10 | 0.93 | 0.01 | 0.01 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
8.11 | 8.11 | 0.00 |
|
Global Healthcare Hype Timeline
Global Healthcare Income is currently traded for 8.11on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.01. Global is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.1%. %. The volatility of related hype on Global Healthcare is about 1708.16%, with the expected price after the next announcement by competition of 8.12. The company last dividend was issued on the 30th of July 1970. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days. Check out Global Healthcare Basic Forecasting Models to cross-verify your projections.Global Healthcare Related Hype Analysis
Having access to credible news sources related to Global Healthcare's direct competition is more important than ever and may enhance your ability to predict Global Healthcare's future price movements. Getting to know how Global Healthcare'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 Global Healthcare may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EDGF | Brompton European Dividend | 0.00 | 0 per month | 0.47 | 0.01 | 1.27 | (1.06) | 3.96 | |
| PXS | Invesco RAFI Index | 0.09 | 4 per month | 0.46 | 0.01 | 1.57 | (0.97) | 3.58 | |
| FHQ | First Trust AlphaDEX | 0.23 | 6 per month | 1.29 | (0.03) | 2.19 | (2.50) | 6.24 | |
| HDGE | Accelerate Absolute Return | 0.08 | 1 per month | 0.56 | (0.04) | 1.35 | (0.98) | 2.76 | |
| FCRR | Fidelity Dividend for | 0.05 | 3 per month | 0.00 | (0.11) | 1.09 | (1.23) | 6.88 | |
| XVLU | iShares MSCI USA | (0.01) | 1 per month | 0.70 | 0.1 | 1.85 | (1.58) | 4.56 | |
| PMM | Purpose Multi Strategy Market | 0.00 | 0 per month | 0.72 | (0.07) | 0.90 | (1.11) | 3.02 | |
| XML | iShares MSCI Min | (0.01) | 9 per month | 0.34 | (0.05) | 0.82 | (0.75) | 2.39 | |
| UDA | Caldwell Dividend Advantage | 0.06 | 1 per month | 1.11 | (0.03) | 1.89 | (1.91) | 5.81 |
Global Healthcare Additional Predictive Modules
Most predictive techniques to examine Global price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Global using various technical indicators. When you analyze Global 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 Global Healthcare Predictive Indicators
The successful prediction of Global Healthcare 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 Global Healthcare Income, 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 Global Healthcare based on analysis of Global Healthcare hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Global Healthcare's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Global Healthcare's related companies.
Pair Trading with Global Healthcare
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 Global Healthcare 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 Global Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Fund
| 0.61 | 0P000072KJ | RBC Canadian Dividend | PairCorr |
The ability to find closely correlated positions to Global Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Healthcare 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 Global Healthcare - 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 Global Healthcare Income to buy it.
The correlation of Global Healthcare 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 Global Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Healthcare Income 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 Global Healthcare 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.Other Information on Investing in Global Fund
Global Healthcare financial ratios help investors to determine whether Global Fund 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 Global with respect to the benefits of owning Global Healthcare security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |