Fubon NASDAQ (Taiwan) Probability of Future Etf Price Finishing Under 3.5
| 00671R Etf | TWD 3.83 0.02 0.52% |
Fubon |
Fubon NASDAQ Target Price Odds to finish below 3.5
The tendency of Fubon 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 drop to NT$ 3.50 or more in 90 days |
| 3.83 | 90 days | 3.50 | about 57.54 |
Based on a normal probability distribution, the odds of Fubon NASDAQ to drop to NT$ 3.50 or more in 90 days from now is about 57.54 (This Fubon NASDAQ 100 1X probability density function shows the probability of Fubon Etf to fall within a particular range of prices over 90 days) . Probability of Fubon NASDAQ 100 price to stay between NT$ 3.50 and its current price of NT$3.83 at the end of the 90-day period is about 42.05 .
Assuming the 90 days trading horizon Fubon NASDAQ 100 1X has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding Fubon NASDAQ are expected to decrease at a much lower rate. During a bear market, however, Fubon NASDAQ 100 1X is likely to outperform the market. Additionally Fubon NASDAQ 100 1X has an alpha of 0.083, implying that it can generate a 0.083 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fubon NASDAQ Price Density |
| Price |
Predictive Modules for Fubon NASDAQ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fubon NASDAQ 100. 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.Fubon NASDAQ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fubon NASDAQ is not an exception. The market had few large corrections towards the Fubon NASDAQ'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 Fubon NASDAQ 100 1X, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fubon NASDAQ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | 0.21 |
Fubon NASDAQ 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 Fubon Etf often depends not only on the future outlook of the current and potential Fubon NASDAQ'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. Fubon NASDAQ's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 1.25M | |
| Average Daily Volume In Three Month | 1.38M |
Fubon NASDAQ Technical Analysis
Fubon NASDAQ's future price can be derived by breaking down and analyzing its technical indicators over time. Fubon Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fubon NASDAQ 100 1X. In general, you should focus on analyzing Fubon Etf price patterns and their correlations with different microeconomic environments and drivers.
Fubon NASDAQ Predictive Forecast Models
Fubon NASDAQ's time-series forecasting models is one of many Fubon NASDAQ'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 Fubon NASDAQ'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fubon NASDAQ in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fubon NASDAQ's short interest history, or implied volatility extrapolated from Fubon NASDAQ options trading.
Other Information on Investing in Fubon Etf
Fubon NASDAQ financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon NASDAQ security.