Picton Mahoney Fortified Etf Probability of Future Etf Price Finishing Under 10.93
| PFAA Etf | 11.87 0.01 0.08% |
Picton |
Picton Mahoney Target Price Odds to finish below 10.93
The tendency of Picton 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 10.93 or more in 90 days |
| 11.87 | 90 days | 10.93 | near 1 |
Based on a normal probability distribution, the odds of Picton Mahoney to drop to 10.93 or more in 90 days from now is near 1 (This Picton Mahoney Fortified probability density function shows the probability of Picton Etf to fall within a particular range of prices over 90 days) . Probability of Picton Mahoney Fortified price to stay between 10.93 and its current price of 11.87 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Picton Mahoney has a beta of 0.0203 indicating as returns on the market go up, Picton Mahoney average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Picton Mahoney Fortified will be expected to be much smaller as well. Additionally Picton Mahoney Fortified has an alpha of 0.0357, implying that it can generate a 0.0357 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Picton Mahoney Price Density |
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Predictive Modules for Picton Mahoney
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Picton Mahoney Fortified. 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.Picton Mahoney Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Picton Mahoney is not an exception. The market had few large corrections towards the Picton Mahoney'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 Picton Mahoney Fortified, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Picton Mahoney within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.03 |
Picton Mahoney Technical Analysis
Picton Mahoney's future price can be derived by breaking down and analyzing its technical indicators over time. Picton Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Picton Mahoney Fortified. In general, you should focus on analyzing Picton Etf price patterns and their correlations with different microeconomic environments and drivers.
Picton Mahoney Predictive Forecast Models
Picton Mahoney's time-series forecasting models is one of many Picton Mahoney'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 Picton Mahoney'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 Picton Mahoney 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, Picton Mahoney's short interest history, or implied volatility extrapolated from Picton Mahoney options trading.
Other Information on Investing in Picton Etf
Picton Mahoney financial ratios help investors to determine whether Picton 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 Picton with respect to the benefits of owning Picton Mahoney security.