Alexis Practical Tactical Etf Probability of Future Etf Price Finishing Over 33.66
| LEXI Etf | USD 29.80 0.31 1.03% |
Alexis |
Alexis Practical Target Price Odds to finish over 33.66
The tendency of Alexis 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 over $ 33.66 or more in 90 days |
| 29.80 | 90 days | 33.66 | near 1 |
Based on a normal probability distribution, the odds of Alexis Practical to move over $ 33.66 or more in 90 days from now is near 1 (This Alexis Practical Tactical probability density function shows the probability of Alexis Etf to fall within a particular range of prices over 90 days) . Probability of Alexis Practical Tactical price to stay between its current price of $ 29.80 and $ 33.66 at the end of the 90-day period is about 99.0 .
Given the investment horizon of 90 days Alexis Practical has a beta of 0.54. This indicates as returns on the market go up, Alexis Practical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alexis Practical Tactical will be expected to be much smaller as well. Additionally Alexis Practical Tactical 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. Alexis Practical Price Density |
| Price |
Predictive Modules for Alexis Practical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alexis Practical Tactical. 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 Alexis Practical'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.
Alexis Practical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alexis Practical is not an exception. The market had few large corrections towards the Alexis Practical'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 Alexis Practical Tactical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alexis Practical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0087 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | 0.04 |
Alexis Practical 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 Alexis Practical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alexis Practical Tactical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alexis Practical generated a negative expected return over the last 90 days | |
| The fund maintains 91.41% of its assets in stocks |
Alexis Practical Technical Analysis
Alexis Practical's future price can be derived by breaking down and analyzing its technical indicators over time. Alexis Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alexis Practical Tactical. In general, you should focus on analyzing Alexis Etf price patterns and their correlations with different microeconomic environments and drivers.
Alexis Practical Predictive Forecast Models
Alexis Practical's time-series forecasting models is one of many Alexis Practical'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 Alexis Practical'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 Alexis Practical Tactical
Checking the ongoing alerts about Alexis Practical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alexis Practical Tactical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alexis Practical generated a negative expected return over the last 90 days | |
| The fund maintains 91.41% of its assets in stocks |
Check out Alexis Practical Backtesting, Portfolio Optimization, Alexis Practical Correlation, Alexis Practical Hype Analysis, Alexis Practical Volatility, Alexis Practical History as well as Alexis Practical Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Alexis Practical Tactical is measured differently than its book value, which is the value of Alexis that is recorded on the company's balance sheet. Investors also form their own opinion of Alexis Practical's value that differs from its market value or its book value, called intrinsic value, which is Alexis Practical'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 Alexis Practical's market value can be influenced by many factors that don't directly affect Alexis Practical'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 Alexis Practical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexis Practical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexis Practical'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.