KBSTAR HealthCare (Korea) Probability of Future Etf Price Finishing Under 11,877
| 253290 Etf | 12,335 105.00 0.84% |
KBSTAR |
KBSTAR HealthCare Target Price Odds to finish below 11,877
The tendency of KBSTAR 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 |
| 12,335 | 90 days | 12,335 | about 85.96 |
Based on a normal probability distribution, the odds of KBSTAR HealthCare to move below current price in 90 days from now is about 85.96 (This KBSTAR HealthCare Fixed probability density function shows the probability of KBSTAR Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon KBSTAR HealthCare Fixed has a beta of -0.0755. This suggests as returns on the benchmark increase, returns on holding KBSTAR HealthCare are expected to decrease at a much lower rate. During a bear market, however, KBSTAR HealthCare Fixed is likely to outperform the market. Additionally KBSTAR HealthCare Fixed has an alpha of 0.0382, implying that it can generate a 0.0382 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KBSTAR HealthCare Price Density |
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Predictive Modules for KBSTAR HealthCare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KBSTAR HealthCare Fixed. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as KBSTAR HealthCare. Your research has to be compared to or analyzed against KBSTAR HealthCare's peers to derive any actionable benefits. When done correctly, KBSTAR HealthCare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KBSTAR HealthCare Fixed.KBSTAR HealthCare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KBSTAR HealthCare is not an exception. The market had few large corrections towards the KBSTAR HealthCare'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 KBSTAR HealthCare Fixed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KBSTAR HealthCare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 188.48 | |
Ir | Information ratio | 0.18 |
KBSTAR HealthCare Technical Analysis
KBSTAR HealthCare's future price can be derived by breaking down and analyzing its technical indicators over time. KBSTAR Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KBSTAR HealthCare Fixed. In general, you should focus on analyzing KBSTAR Etf price patterns and their correlations with different microeconomic environments and drivers.
KBSTAR HealthCare Predictive Forecast Models
KBSTAR HealthCare's time-series forecasting models is one of many KBSTAR HealthCare'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 KBSTAR HealthCare'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 KBSTAR HealthCare 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, KBSTAR HealthCare's short interest history, or implied volatility extrapolated from KBSTAR HealthCare options trading.