Chik Etf Chance of Future Etf Price Finishing Over 16.54
| CHIK Etf | USD 16.29 0.09 0.56% |
CHIK |
CHIK Target Price Odds to finish over 16.54
The tendency of CHIK 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 over $ 16.54 or more in 90 days |
| 16.29 | 90 days | 16.54 | about 46.24 |
Based on a normal probability distribution, the odds of CHIK to move over $ 16.54 or more in 90 days from now is about 46.24 (This CHIK probability density function shows the probability of CHIK Etf to fall within a particular range of prices over 90 days) . Probability of CHIK price to stay between its current price of $ 16.29 and $ 16.54 at the end of the 90-day period is about 18.46 .
Given the investment horizon of 90 days CHIK has a beta of 0.0389 suggesting as returns on the market go up, CHIK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CHIK will be expected to be much smaller as well. Additionally CHIK 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. CHIK Price Density |
| Price |
Predictive Modules for CHIK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHIK. 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.CHIK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHIK is not an exception. The market had few large corrections towards the CHIK'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 CHIK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHIK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.13 |
CHIK 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 CHIK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHIK can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHIK is not yet fully synchronised with the market data | |
| CHIK created five year return of -5.0% | |
| This fund holds 99.9% of its assets under management (AUM) in equities |
CHIK Technical Analysis
CHIK's future price can be derived by breaking down and analyzing its technical indicators over time. CHIK Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHIK. In general, you should focus on analyzing CHIK Etf price patterns and their correlations with different microeconomic environments and drivers.
CHIK Predictive Forecast Models
CHIK's time-series forecasting models is one of many CHIK'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 CHIK'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 CHIK
Checking the ongoing alerts about CHIK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHIK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHIK is not yet fully synchronised with the market data | |
| CHIK created five year return of -5.0% | |
| This fund holds 99.9% 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 gross domestic product. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of CHIK is measured differently than its book value, which is the value of CHIK that is recorded on the company's balance sheet. Investors also form their own opinion of CHIK's value that differs from its market value or its book value, called intrinsic value, which is CHIK's 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 CHIK's market value can be influenced by many factors that don't directly affect CHIK's 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 CHIK's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIK's 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.