Vaneck Intermediate Muni Etf Probability of Future Etf Price Finishing Under 46.07
| ITM Etf | USD 46.28 0.11 0.24% |
VanEck |
VanEck Intermediate Target Price Odds to finish below 46.07
The tendency of VanEck 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 $ 46.07 or more in 90 days |
| 46.28 | 90 days | 46.07 | about 20.84 |
Based on a normal probability distribution, the odds of VanEck Intermediate to drop to $ 46.07 or more in 90 days from now is about 20.84 (This VanEck Intermediate Muni probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Intermediate Muni price to stay between $ 46.07 and its current price of $46.28 at the end of the 90-day period is about 24.2 .
Considering the 90-day investment horizon VanEck Intermediate Muni has a beta of -0.0785. This usually indicates as returns on the benchmark increase, returns on holding VanEck Intermediate are expected to decrease at a much lower rate. During a bear market, however, VanEck Intermediate Muni is likely to outperform the market. Additionally VanEck Intermediate Muni 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. VanEck Intermediate Price Density |
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Predictive Modules for VanEck Intermediate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Intermediate Muni. 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 VanEck Intermediate'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.
VanEck Intermediate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Intermediate is not an exception. The market had few large corrections towards the VanEck Intermediate'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 VanEck Intermediate Muni, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Intermediate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.39 |
VanEck Intermediate 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 VanEck Intermediate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Intermediate Muni can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VanEck Intermediate generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Stifel Financial Corp Purchases 8,837 Shares of VanEck Intermediate Muni ETF | |
| The fund generated three year return of -1.0% | |
| VanEck Intermediate Muni retains all of the assets under management (AUM) in different types of exotic instruments |
VanEck Intermediate Technical Analysis
VanEck Intermediate's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Intermediate Muni. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Intermediate Predictive Forecast Models
VanEck Intermediate's time-series forecasting models is one of many VanEck Intermediate'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 VanEck Intermediate'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 VanEck Intermediate Muni
Checking the ongoing alerts about VanEck Intermediate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Intermediate Muni help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VanEck Intermediate generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Stifel Financial Corp Purchases 8,837 Shares of VanEck Intermediate Muni ETF | |
| The fund generated three year return of -1.0% | |
| VanEck Intermediate Muni retains all of the assets under management (AUM) in different types of exotic instruments |
Check out VanEck Intermediate Backtesting, Portfolio Optimization, VanEck Intermediate Correlation, VanEck Intermediate Hype Analysis, VanEck Intermediate Volatility, VanEck Intermediate History as well as VanEck Intermediate Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of VanEck Intermediate Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Intermediate's value that differs from its market value or its book value, called intrinsic value, which is VanEck Intermediate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Intermediate's market value can be influenced by many factors that don't directly affect VanEck Intermediate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Intermediate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.