Deka STOXX (Germany) Probability of Future Etf Price Finishing Under 27.75
| EL4D Etf | EUR 30.28 0.27 0.90% |
Deka |
Deka STOXX Target Price Odds to finish below 27.75
The tendency of Deka 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 drop to € 27.75 or more in 90 days |
| 30.28 | 90 days | 27.75 | under 4 |
Based on a normal probability distribution, the odds of Deka STOXX to drop to € 27.75 or more in 90 days from now is under 4 (This Deka STOXX Europe probability density function shows the probability of Deka Etf to fall within a particular range of prices over 90 days) . Probability of Deka STOXX Europe price to stay between € 27.75 and its current price of €30.28 at the end of the 90-day period is about 86.54 .
Assuming the 90 days trading horizon Deka STOXX has a beta of 0.28 suggesting as returns on the market go up, Deka STOXX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deka STOXX Europe will be expected to be much smaller as well. Additionally Deka STOXX Europe has an alpha of 0.0788, implying that it can generate a 0.0788 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Deka STOXX Price Density |
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Predictive Modules for Deka STOXX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deka STOXX Europe. 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 Deka STOXX's 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.
Deka STOXX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Deka STOXX is not an exception. The market had few large corrections towards the Deka STOXX'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 Deka STOXX Europe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Deka STOXX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | 0.12 |
Deka STOXX 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 Deka STOXX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Deka STOXX Europe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Deka STOXX Europe generated five year return of -2.0% | |
| This fund retains all of its assets under management (AUM) in equities |
Deka STOXX 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 Deka Etf often depends not only on the future outlook of the current and potential Deka STOXX'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. Deka STOXX's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume In Three Month | 103 |
Deka STOXX Technical Analysis
Deka STOXX's future price can be derived by breaking down and analyzing its technical indicators over time. Deka Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Deka STOXX Europe. In general, you should focus on analyzing Deka Etf price patterns and their correlations with different microeconomic environments and drivers.
Deka STOXX Predictive Forecast Models
Deka STOXX's time-series forecasting models is one of many Deka STOXX'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 Deka STOXX'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 Deka STOXX Europe
Checking the ongoing alerts about Deka STOXX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Deka STOXX Europe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Deka STOXX Europe generated five year return of -2.0% | |
| This fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in Deka Etf
Deka STOXX financial ratios help investors to determine whether Deka 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 Deka with respect to the benefits of owning Deka STOXX security.