Nbi Sustainable Canadian Etf Probability of Future Etf Price Finishing Under 22.64
| NSCB Etf | CAD 22.80 0.18 0.78% |
NBI |
NBI Sustainable Target Price Odds to finish below 22.64
The tendency of NBI 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 C$ 22.64 or more in 90 days |
| 22.80 | 90 days | 22.64 | about 55.68 |
Based on a normal probability distribution, the odds of NBI Sustainable to drop to C$ 22.64 or more in 90 days from now is about 55.68 (This NBI Sustainable Canadian probability density function shows the probability of NBI Etf to fall within a particular range of prices over 90 days) . Probability of NBI Sustainable Canadian price to stay between C$ 22.64 and its current price of C$22.8 at the end of the 90-day period is about 29.81 .
Assuming the 90 days trading horizon NBI Sustainable has a beta of 0.0771. This indicates as returns on the market go up, NBI Sustainable average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NBI Sustainable Canadian will be expected to be much smaller as well. Additionally NBI Sustainable Canadian 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. NBI Sustainable Price Density |
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Predictive Modules for NBI Sustainable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NBI Sustainable Canadian. 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.NBI Sustainable Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NBI Sustainable is not an exception. The market had few large corrections towards the NBI Sustainable'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 NBI Sustainable Canadian, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NBI Sustainable within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0088 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.31 |
NBI Sustainable 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 NBI Sustainable for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NBI Sustainable Canadian can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 95.45% of its assets in bonds |
NBI Sustainable Technical Analysis
NBI Sustainable's future price can be derived by breaking down and analyzing its technical indicators over time. NBI Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NBI Sustainable Canadian. In general, you should focus on analyzing NBI Etf price patterns and their correlations with different microeconomic environments and drivers.
NBI Sustainable Predictive Forecast Models
NBI Sustainable's time-series forecasting models is one of many NBI Sustainable'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 NBI Sustainable'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 NBI Sustainable Canadian
Checking the ongoing alerts about NBI Sustainable for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NBI Sustainable Canadian help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 95.45% of its assets in bonds |
Other Information on Investing in NBI Etf
NBI Sustainable financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Sustainable security.