Invesco CurrencyShares (Mexico) Probability of Future Etf Price Finishing Over 2015.85
FXE Etf | MXN 2,016 2.84 0.14% |
Invesco |
Invesco CurrencyShares Target Price Odds to finish over 2015.85
The tendency of Invesco 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 above the current price in 90 days |
2,016 | 90 days | 2,016 | about 31.99 |
Based on a normal probability distribution, the odds of Invesco CurrencyShares to move above the current price in 90 days from now is about 31.99 (This Invesco CurrencyShares Euro probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Invesco CurrencyShares has a beta of 0.22. This usually indicates as returns on the market go up, Invesco CurrencyShares average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Invesco CurrencyShares Euro will be expected to be much smaller as well. Additionally Invesco CurrencyShares Euro 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. Invesco CurrencyShares Price Density |
Price |
Predictive Modules for Invesco CurrencyShares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco CurrencyShares. 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.Invesco CurrencyShares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Invesco CurrencyShares is not an exception. The market had few large corrections towards the Invesco CurrencyShares' 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 Invesco CurrencyShares Euro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Invesco CurrencyShares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0092 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 17.33 | |
Ir | Information ratio | -0.16 |
Invesco CurrencyShares 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 Invesco CurrencyShares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Invesco CurrencyShares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Invesco CurrencyShares generated a negative expected return over the last 90 days | |
The fund generated-2.0 ten year return of -2.0% | |
Invesco CurrencyShares retains all of the assets under management (AUM) in different types of exotic instruments |
Invesco CurrencyShares 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 Invesco Etf often depends not only on the future outlook of the current and potential Invesco CurrencyShares' 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. Invesco CurrencyShares' indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume In Three Month | 299 |
Invesco CurrencyShares Technical Analysis
Invesco CurrencyShares' future price can be derived by breaking down and analyzing its technical indicators over time. Invesco Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Invesco CurrencyShares Euro. In general, you should focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environments and drivers.
Invesco CurrencyShares Predictive Forecast Models
Invesco CurrencyShares' time-series forecasting models is one of many Invesco CurrencyShares' 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 Invesco CurrencyShares' 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 Invesco CurrencyShares
Checking the ongoing alerts about Invesco CurrencyShares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Invesco CurrencyShares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Invesco CurrencyShares generated a negative expected return over the last 90 days | |
The fund generated-2.0 ten year return of -2.0% | |
Invesco CurrencyShares retains all of the assets under management (AUM) in different types of exotic instruments |
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco CurrencyShares is a strong investment it is important to analyze Invesco CurrencyShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco CurrencyShares' future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out Invesco CurrencyShares Backtesting, Portfolio Optimization, Invesco CurrencyShares Correlation, Invesco CurrencyShares Hype Analysis, Invesco CurrencyShares Volatility, Invesco CurrencyShares History as well as Invesco CurrencyShares Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .