Betapro Natural Gas Etf Probability of Future Etf Price Finishing Under 39.56
| HND Etf | CAD 21.34 1.84 9.44% |
BetaPro |
BetaPro Natural Target Price Odds to finish below 39.56
The tendency of BetaPro 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 under C$ 39.56 after 90 days |
| 21.34 | 90 days | 39.56 | about 1.39 |
Based on a normal probability distribution, the odds of BetaPro Natural to stay under C$ 39.56 after 90 days from now is about 1.39 (This BetaPro Natural Gas probability density function shows the probability of BetaPro Etf to fall within a particular range of prices over 90 days) . Probability of BetaPro Natural Gas price to stay between its current price of C$ 21.34 and C$ 39.56 at the end of the 90-day period is about 1.32 .
Assuming the 90 days trading horizon the etf has the beta coefficient of 1.73 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BetaPro Natural will likely underperform. Additionally BetaPro Natural Gas 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. BetaPro Natural Price Density |
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Predictive Modules for BetaPro Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BetaPro Natural Gas. 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.BetaPro Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BetaPro Natural is not an exception. The market had few large corrections towards the BetaPro Natural'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 BetaPro Natural Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BetaPro Natural within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.3 | |
β | Beta against Dow Jones | 1.73 | |
σ | Overall volatility | 19.20 | |
Ir | Information ratio | -0.11 |
BetaPro Natural 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 BetaPro Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BetaPro Natural Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BetaPro Natural Gas generated a negative expected return over the last 90 days | |
| BetaPro Natural Gas has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Betapro Nat Gas 2X Daily Bear ETF Quote - Press Release - The Globe and Mail | |
| This fund generated-19.0 ten year return of -19.0% | |
| BetaPro Natural retains all of the assets under management (AUM) in different types of exotic instruments |
BetaPro Natural Technical Analysis
BetaPro Natural's future price can be derived by breaking down and analyzing its technical indicators over time. BetaPro Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BetaPro Natural Gas. In general, you should focus on analyzing BetaPro Etf price patterns and their correlations with different microeconomic environments and drivers.
BetaPro Natural Predictive Forecast Models
BetaPro Natural's time-series forecasting models is one of many BetaPro Natural'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 BetaPro Natural'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 BetaPro Natural Gas
Checking the ongoing alerts about BetaPro Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BetaPro Natural Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BetaPro Natural Gas generated a negative expected return over the last 90 days | |
| BetaPro Natural Gas has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Betapro Nat Gas 2X Daily Bear ETF Quote - Press Release - The Globe and Mail | |
| This fund generated-19.0 ten year return of -19.0% | |
| BetaPro Natural retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in BetaPro Etf
BetaPro Natural financial ratios help investors to determine whether BetaPro 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 BetaPro with respect to the benefits of owning BetaPro Natural security.