Fis Christian Stock Etf Probability of Future Etf Price Finishing Over 28.94
| PRAY Etf | USD 28.96 0.10 0.35% |
FIS |
FIS Christian Target Price Odds to finish over 28.94
The tendency of FIS 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 above $ 28.94 in 90 days |
| 28.96 | 90 days | 28.94 | over 95.22 |
Based on a normal probability distribution, the odds of FIS Christian to stay above $ 28.94 in 90 days from now is over 95.22 (This FIS Christian Stock probability density function shows the probability of FIS Etf to fall within a particular range of prices over 90 days) . Probability of FIS Christian Stock price to stay between $ 28.94 and its current price of $28.96 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days FIS Christian has a beta of 0.21 indicating as returns on the market go up, FIS Christian average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FIS Christian Stock will be expected to be much smaller as well. Additionally FIS Christian Stock 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. FIS Christian Price Density |
| Price |
Predictive Modules for FIS Christian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIS Christian Stock. 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.FIS Christian Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FIS Christian is not an exception. The market had few large corrections towards the FIS Christian'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 FIS Christian Stock, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FIS Christian within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.08 |
FIS Christian 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 FIS Christian for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FIS Christian Stock can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FIS Christian Stock generated a negative expected return over the last 90 days | |
| FIS Christian Stock currently holds 393.27 K in liabilities. FIS Christian Stock has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist FIS Christian until it has trouble settling it off, either with new capital or with free cash flow. So, FIS Christian's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FIS Christian Stock sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FIS to invest in growth at high rates of return. When we think about FIS Christian's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (190.31 K) with profit before overhead, payroll, taxes, and interest of 76. | |
| FIS Christian Stock currently holds about 5.17 K in cash with (53.14 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Faith Investor Services Launches the FIS Bright Portfolios Focused Equity ETF - Kilgore News Herald | |
| The fund maintains 84.38% of its assets in stocks |
FIS Christian Technical Analysis
FIS Christian's future price can be derived by breaking down and analyzing its technical indicators over time. FIS Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FIS Christian Stock. In general, you should focus on analyzing FIS Etf price patterns and their correlations with different microeconomic environments and drivers.
FIS Christian Predictive Forecast Models
FIS Christian's time-series forecasting models is one of many FIS Christian'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 FIS Christian'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 FIS Christian Stock
Checking the ongoing alerts about FIS Christian for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FIS Christian Stock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FIS Christian Stock generated a negative expected return over the last 90 days | |
| FIS Christian Stock currently holds 393.27 K in liabilities. FIS Christian Stock has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist FIS Christian until it has trouble settling it off, either with new capital or with free cash flow. So, FIS Christian's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FIS Christian Stock sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FIS to invest in growth at high rates of return. When we think about FIS Christian's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (190.31 K) with profit before overhead, payroll, taxes, and interest of 76. | |
| FIS Christian Stock currently holds about 5.17 K in cash with (53.14 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Faith Investor Services Launches the FIS Bright Portfolios Focused Equity ETF - Kilgore News Herald | |
| The fund maintains 84.38% of its assets in stocks |
Check out FIS Christian Backtesting, Portfolio Optimization, FIS Christian Correlation, FIS Christian Hype Analysis, FIS Christian Volatility, FIS Christian History as well as FIS Christian Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of FIS Christian Stock is measured differently than its book value, which is the value of FIS that is recorded on the company's balance sheet. Investors also form their own opinion of FIS Christian's value that differs from its market value or its book value, called intrinsic value, which is FIS Christian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FIS Christian's market value can be influenced by many factors that don't directly affect FIS Christian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FIS Christian's value and its price as these two are different measures arrived at by different means. Investors typically determine if FIS Christian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIS Christian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.