KODEX SP500TR (Korea) Probability of Future Etf Price Finishing Over 19720.00
| 379800 Etf | 19,720 15.00 0.08% |
KODEX |
KODEX SP500TR Target Price Odds to finish over 19720.00
The tendency of KODEX 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 above the current price in 90 days |
| 19,720 | 90 days | 19,720 | about 17.22 |
Based on a normal probability distribution, the odds of KODEX SP500TR to move above the current price in 90 days from now is about 17.22 (This KODEX SP500TR probability density function shows the probability of KODEX Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon KODEX SP500TR has a beta of 0.35. This suggests as returns on the market go up, KODEX SP500TR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KODEX SP500TR will be expected to be much smaller as well. Additionally KODEX SP500TR has an alpha of 0.1837, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KODEX SP500TR Price Density |
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Predictive Modules for KODEX SP500TR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KODEX SP500TR. 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.KODEX SP500TR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KODEX SP500TR is not an exception. The market had few large corrections towards the KODEX SP500TR'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 KODEX SP500TR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KODEX SP500TR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 758.71 | |
Ir | Information ratio | 0.18 |
KODEX SP500TR Technical Analysis
KODEX SP500TR's future price can be derived by breaking down and analyzing its technical indicators over time. KODEX Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KODEX SP500TR. In general, you should focus on analyzing KODEX Etf price patterns and their correlations with different microeconomic environments and drivers.
KODEX SP500TR Predictive Forecast Models
KODEX SP500TR's time-series forecasting models is one of many KODEX SP500TR'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 KODEX SP500TR'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 KODEX SP500TR 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, KODEX SP500TR's short interest history, or implied volatility extrapolated from KODEX SP500TR options trading.