ETC Group (UK) Probability of Future Etf Price Finishing Under 12.49
| METR Etf | 12.78 0.22 1.75% |
ETC |
ETC Group Target Price Odds to finish below 12.49
The tendency of ETC 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 12.49 or more in 90 days |
| 12.78 | 90 days | 12.49 | roughly 96.0 |
Based on a normal probability distribution, the odds of ETC Group to drop to 12.49 or more in 90 days from now is roughly 96.0 (This ETC Group Global probability density function shows the probability of ETC Etf to fall within a particular range of prices over 90 days) . Probability of ETC Group Global price to stay between 12.49 and its current price of 12.78 at the end of the 90-day period is roughly 2.16 .
Assuming the 90 days trading horizon ETC Group has a beta of 0.9. This indicates ETC Group Global market returns are related to returns on the market. As the market goes up or down, ETC Group is expected to follow. Additionally ETC Group Global has an alpha of 0.1252, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ETC Group Price Density |
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Predictive Modules for ETC Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ETC Group Global. 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.ETC Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ETC Group is not an exception. The market had few large corrections towards the ETC Group'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 ETC Group Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ETC Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.07 |
ETC Group Technical Analysis
ETC Group's future price can be derived by breaking down and analyzing its technical indicators over time. ETC Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ETC Group Global. In general, you should focus on analyzing ETC Etf price patterns and their correlations with different microeconomic environments and drivers.
ETC Group Predictive Forecast Models
ETC Group's time-series forecasting models is one of many ETC Group'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 ETC Group'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ETC Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ETC Group's short interest history, or implied volatility extrapolated from ETC Group options trading.
Other Information on Investing in ETC Etf
ETC Group financial ratios help investors to determine whether ETC 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 ETC with respect to the benefits of owning ETC Group security.