Ft Alphadex Industrials Etf Probability of Future Etf Price Finishing Over 53.5
| FHG Etf | CAD 55.54 0.17 0.31% |
FHG |
FT AlphaDEX Target Price Odds to finish over 53.5
The tendency of FHG 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 C$ 53.50 in 90 days |
| 55.54 | 90 days | 53.50 | close to 99 |
Based on a normal probability distribution, the odds of FT AlphaDEX to stay above C$ 53.50 in 90 days from now is close to 99 (This FT AlphaDEX Industrials probability density function shows the probability of FHG Etf to fall within a particular range of prices over 90 days) . Probability of FT AlphaDEX Industrials price to stay between C$ 53.50 and its current price of C$55.54 at the end of the 90-day period is about 5.43 .
Assuming the 90 days trading horizon FT AlphaDEX has a beta of 0.16. This usually indicates as returns on the market go up, FT AlphaDEX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FT AlphaDEX Industrials will be expected to be much smaller as well. Additionally FT AlphaDEX Industrials 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. FT AlphaDEX Price Density |
| Price |
Predictive Modules for FT AlphaDEX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FT AlphaDEX Industrials. 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.FT AlphaDEX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FT AlphaDEX is not an exception. The market had few large corrections towards the FT AlphaDEX'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 FT AlphaDEX Industrials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FT AlphaDEX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.1 |
FT AlphaDEX 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 FT AlphaDEX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FT AlphaDEX Industrials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FT AlphaDEX generated a negative expected return over the last 90 days | |
| The fund retains 91.59% of its assets under management (AUM) in equities |
FT AlphaDEX Technical Analysis
FT AlphaDEX's future price can be derived by breaking down and analyzing its technical indicators over time. FHG Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FT AlphaDEX Industrials. In general, you should focus on analyzing FHG Etf price patterns and their correlations with different microeconomic environments and drivers.
FT AlphaDEX Predictive Forecast Models
FT AlphaDEX's time-series forecasting models is one of many FT AlphaDEX'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 FT AlphaDEX'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 FT AlphaDEX Industrials
Checking the ongoing alerts about FT AlphaDEX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FT AlphaDEX Industrials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FT AlphaDEX generated a negative expected return over the last 90 days | |
| The fund retains 91.59% of its assets under management (AUM) in equities |
Other Information on Investing in FHG Etf
FT AlphaDEX financial ratios help investors to determine whether FHG 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 FHG with respect to the benefits of owning FT AlphaDEX security.