Cathay TIP (Taiwan) Probability of Future Etf Price Finishing Under 29.17
| 00701 Etf | TWD 29.17 0.06 0.21% |
Cathay |
Cathay TIP Target Price Odds to finish below 29.17
The tendency of Cathay 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 below current price in 90 days |
| 29.17 | 90 days | 29.17 | about 18.92 |
Based on a normal probability distribution, the odds of Cathay TIP to move below current price in 90 days from now is about 18.92 (This Cathay TIP TAIEX probability density function shows the probability of Cathay Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cathay TIP TAIEX has a beta of -0.0151. This suggests as returns on the benchmark increase, returns on holding Cathay TIP are expected to decrease at a much lower rate. During a bear market, however, Cathay TIP TAIEX is likely to outperform the market. Additionally Cathay TIP TAIEX 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. Cathay TIP Price Density |
| Price |
Predictive Modules for Cathay TIP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cathay TIP TAIEX. 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.Cathay TIP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cathay TIP is not an exception. The market had few large corrections towards the Cathay TIP'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 Cathay TIP TAIEX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cathay TIP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.11 |
Cathay TIP 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 Cathay TIP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cathay TIP TAIEX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cathay TIP TAIEX generated a negative expected return over the last 90 days | |
| The fund holds 93.54% of its total net assets in equities |
Cathay TIP 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 Cathay Etf often depends not only on the future outlook of the current and potential Cathay TIP'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. Cathay TIP's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 1.17M | |
| Average Daily Volume In Three Month | 1.12M |
Cathay TIP Technical Analysis
Cathay TIP's future price can be derived by breaking down and analyzing its technical indicators over time. Cathay Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cathay TIP TAIEX. In general, you should focus on analyzing Cathay Etf price patterns and their correlations with different microeconomic environments and drivers.
Cathay TIP Predictive Forecast Models
Cathay TIP's time-series forecasting models is one of many Cathay TIP'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 Cathay TIP'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 Cathay TIP TAIEX
Checking the ongoing alerts about Cathay TIP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cathay TIP TAIEX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cathay TIP TAIEX generated a negative expected return over the last 90 days | |
| The fund holds 93.54% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay TIP financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay TIP security.