2x Corn Etf Odds of Future Etf Price Finishing Over 19.61
| CORX Etf | USD 15.82 2.76 14.85% |
CORX |
2x Corn Target Price Odds to finish over 19.61
The tendency of CORX 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 $ 19.61 or more in 90 days |
| 15.82 | 90 days | 19.61 | about 12.12 |
Based on a normal probability distribution, the odds of 2x Corn to move over $ 19.61 or more in 90 days from now is about 12.12 (This 2x Corn ETF probability density function shows the probability of CORX Etf to fall within a particular range of prices over 90 days) . Probability of 2x Corn ETF price to stay between its current price of $ 15.82 and $ 19.61 at the end of the 90-day period is about 78.06 .
Given the investment horizon of 90 days 2x Corn has a beta of 0.26 suggesting as returns on the market go up, 2x Corn average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 2x Corn ETF will be expected to be much smaller as well. Additionally 2x Corn ETF has an alpha of 0.1445, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 2x Corn Price Density |
| Price |
Predictive Modules for 2x Corn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 2x Corn ETF. 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.2x Corn Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 2x Corn is not an exception. The market had few large corrections towards the 2x Corn'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 2x Corn ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 2x Corn within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | 0.07 |
2x Corn 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 2x Corn for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 2x Corn ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 2x Corn ETF has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 2x Corn ETF currently holds about 157 in cash with (437) of positive cash flow from operations. | |
| Roughly 89.0% of the company shares are held by company insiders | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
2x Corn Technical Analysis
2x Corn's future price can be derived by breaking down and analyzing its technical indicators over time. CORX Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 2x Corn ETF. In general, you should focus on analyzing CORX Etf price patterns and their correlations with different microeconomic environments and drivers.
2x Corn Predictive Forecast Models
2x Corn's time-series forecasting models is one of many 2x Corn'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 2x Corn'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 2x Corn ETF
Checking the ongoing alerts about 2x Corn for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 2x Corn ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 2x Corn ETF has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 2x Corn ETF currently holds about 157 in cash with (437) of positive cash flow from operations. | |
| Roughly 89.0% of the company shares are held by company insiders | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out 2x Corn Backtesting, Portfolio Optimization, 2x Corn Correlation, 2x Corn Hype Analysis, 2x Corn Volatility, 2x Corn History as well as 2x Corn Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of 2x Corn ETF is measured differently than its book value, which is the value of CORX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Corn's value that differs from its market value or its book value, called intrinsic value, which is 2x Corn'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 2x Corn's market value can be influenced by many factors that don't directly affect 2x Corn'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 2x Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Corn'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.