LG DAX (Germany) Chance of Future Etf Price Finishing Over 1.01
DES2 Etf | EUR 0.94 0.02 2.17% |
DES2 |
LG DAX Target Price Odds to finish over 1.01
The tendency of DES2 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 1.01 or more in 90 days |
0.94 | 90 days | 1.01 | about 17.05 |
Based on a normal probability distribution, the odds of LG DAX to move over 1.01 or more in 90 days from now is about 17.05 (This LG DAX Daily probability density function shows the probability of DES2 Etf to fall within a particular range of prices over 90 days) . Probability of LG DAX Daily price to stay between its current price of 0.94 and 1.01 at the end of the 90-day period is about 59.2 .
Assuming the 90 days trading horizon LG DAX Daily has a beta of -0.19 suggesting as returns on the benchmark increase, returns on holding LG DAX are expected to decrease at a much lower rate. During a bear market, however, LG DAX Daily is likely to outperform the market. Additionally LG DAX Daily 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. LG DAX Price Density |
Price |
Predictive Modules for LG DAX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LG DAX Daily. 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.LG DAX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LG DAX is not an exception. The market had few large corrections towards the LG DAX'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 LG DAX Daily, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LG DAX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.09 |
LG DAX 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 LG DAX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LG DAX Daily can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.LG DAX Daily generated a negative expected return over the last 90 days | |
LG DAX Daily has some characteristics of a very speculative penny stock | |
This fund generated-25.0 ten year return of -25.0% | |
LG DAX retains all of the assets under management (AUM) in different types of exotic instruments |
LG DAX 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 DES2 Etf often depends not only on the future outlook of the current and potential LG DAX's 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. LG DAX's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day | 25.69k | |
Average Daily Volume In Three Month | 3.67k |
LG DAX Technical Analysis
LG DAX's future price can be derived by breaking down and analyzing its technical indicators over time. DES2 Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LG DAX Daily. In general, you should focus on analyzing DES2 Etf price patterns and their correlations with different microeconomic environments and drivers.
LG DAX Predictive Forecast Models
LG DAX's time-series forecasting models is one of many LG DAX'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 LG DAX'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 LG DAX Daily
Checking the ongoing alerts about LG DAX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LG DAX Daily help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
LG DAX Daily generated a negative expected return over the last 90 days | |
LG DAX Daily has some characteristics of a very speculative penny stock | |
This fund generated-25.0 ten year return of -25.0% | |
LG DAX retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in DES2 Etf
LG DAX financial ratios help investors to determine whether DES2 Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DES2 with respect to the benefits of owning LG DAX security.