Etf Managers Group Etf Probability of Future Etf Price Finishing Over 19.6
| BSEA Etf | USD 19.80 0.00 0.00% |
ETF |
ETF Managers Target Price Odds to finish over 19.6
The tendency of ETF 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 stay above $ 19.60 in 90 days |
| 19.80 | 90 days | 19.60 | over 95.22 |
Based on a normal probability distribution, the odds of ETF Managers to stay above $ 19.60 in 90 days from now is over 95.22 (This ETF Managers Group probability density function shows the probability of ETF Etf to fall within a particular range of prices over 90 days) . Probability of ETF Managers Group price to stay between $ 19.60 and its current price of $19.8 at the end of the 90-day period is about 6.3 .
Given the investment horizon of 90 days ETF Managers Group has a beta of -0.32 suggesting as returns on the benchmark increase, returns on holding ETF Managers are expected to decrease at a much lower rate. During a bear market, however, ETF Managers Group is likely to outperform the market. Additionally ETF Managers Group 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. ETF Managers Price Density |
| Price |
Predictive Modules for ETF Managers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ETF Managers Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ETF Managers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ETF Managers Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ETF Managers is not an exception. The market had few large corrections towards the ETF Managers' 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 ETF Managers Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ETF Managers within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.16 |
ETF Managers 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 ETF Managers for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ETF Managers Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ETF Managers Group is not yet fully synchronised with the market data | |
| The fund holds 99.3% of its assets under management (AUM) in equities |
ETF Managers 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 ETF Etf often depends not only on the future outlook of the current and potential ETF Managers' 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. ETF Managers' indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 580 | |
| Average Daily Volume In Three Month | 590 |
ETF Managers Technical Analysis
ETF Managers' future price can be derived by breaking down and analyzing its technical indicators over time. ETF Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ETF Managers Group. In general, you should focus on analyzing ETF Etf price patterns and their correlations with different microeconomic environments and drivers.
ETF Managers Predictive Forecast Models
ETF Managers' time-series forecasting models is one of many ETF Managers' 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 ETF Managers' 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 ETF Managers Group
Checking the ongoing alerts about ETF Managers for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ETF Managers Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ETF Managers Group is not yet fully synchronised with the market data | |
| The fund holds 99.3% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.