Expat Poland (Germany) Probability of Future Etf Price Finishing Under 0.63
PLX Etf | EUR 0.61 0.02 3.17% |
Expat |
Expat Poland Target Price Odds to finish below 0.63
The tendency of Expat 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 stay under 0.63 after 90 days |
0.61 | 90 days | 0.63 | about 92.12 |
Based on a normal probability distribution, the odds of Expat Poland to stay under 0.63 after 90 days from now is about 92.12 (This Expat Poland WIG20 probability density function shows the probability of Expat Etf to fall within a particular range of prices over 90 days) . Probability of Expat Poland WIG20 price to stay between its current price of 0.61 and 0.63 at the end of the 90-day period is about 24.02 .
Assuming the 90 days horizon Expat Poland WIG20 has a beta of -0.39 indicating as returns on the benchmark increase, returns on holding Expat Poland are expected to decrease at a much lower rate. During a bear market, however, Expat Poland WIG20 is likely to outperform the market. Additionally Expat Poland WIG20 has an alpha of 0.0868, implying that it can generate a 0.0868 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Expat Poland Price Density |
Price |
Predictive Modules for Expat Poland
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Expat Poland WIG20. 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.Expat Poland Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Expat Poland is not an exception. The market had few large corrections towards the Expat Poland'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 Expat Poland WIG20, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Expat Poland within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.01 |
Expat Poland 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 Expat Poland for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Expat Poland WIG20 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Expat Poland WIG20 has some characteristics of a very speculative penny stock |
Expat Poland Technical Analysis
Expat Poland's future price can be derived by breaking down and analyzing its technical indicators over time. Expat Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Expat Poland WIG20. In general, you should focus on analyzing Expat Etf price patterns and their correlations with different microeconomic environments and drivers.
Expat Poland Predictive Forecast Models
Expat Poland's time-series forecasting models is one of many Expat Poland'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 Expat Poland'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 Expat Poland WIG20
Checking the ongoing alerts about Expat Poland for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Expat Poland WIG20 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Expat Poland WIG20 has some characteristics of a very speculative penny stock |
Other Information on Investing in Expat Etf
Expat Poland financial ratios help investors to determine whether Expat 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 Expat with respect to the benefits of owning Expat Poland security.