Nasdaq Biotechnology Index Probability of Future Index Price Finishing Under 4648.11
| NBI Index | 4,485 91.34 2.00% |
NASDAQ Biotechnology Target Price Odds to finish below 4648.11
The tendency of NASDAQ Index 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 4,648 after 90 days |
| 4,485 | 90 days | 4,648 | about 32.48 |
Based on a normal probability distribution, the odds of NASDAQ Biotechnology to stay under 4,648 after 90 days from now is about 32.48 (This NASDAQ Biotechnology probability density function shows the probability of NASDAQ Index to fall within a particular range of prices over 90 days) . Probability of NASDAQ Biotechnology price to stay between its current price of 4,485 and 4,648 at the end of the 90-day period is about 28.57 .
NASDAQ Biotechnology Price Density |
| Price |
Predictive Modules for NASDAQ Biotechnology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NASDAQ Biotechnology. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.NASDAQ Biotechnology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NASDAQ Biotechnology is not an exception. The market had few large corrections towards the NASDAQ Biotechnology'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 NASDAQ Biotechnology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NASDAQ Biotechnology within the framework of very fundamental risk indicators.NASDAQ Biotechnology 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 NASDAQ Biotechnology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NASDAQ Biotechnology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NASDAQ Biotechnology generated a negative expected return over the last 90 days |
NASDAQ Biotechnology Technical Analysis
NASDAQ Biotechnology's future price can be derived by breaking down and analyzing its technical indicators over time. NASDAQ Index technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NASDAQ Biotechnology. In general, you should focus on analyzing NASDAQ Index price patterns and their correlations with different microeconomic environments and drivers.
NASDAQ Biotechnology Predictive Forecast Models
NASDAQ Biotechnology's time-series forecasting models is one of many NASDAQ Biotechnology's index 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 NASDAQ Biotechnology'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 index market movement and maximize returns from investment trading.
Things to note about NASDAQ Biotechnology
Checking the ongoing alerts about NASDAQ Biotechnology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NASDAQ Biotechnology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NASDAQ Biotechnology generated a negative expected return over the last 90 days |