Defiance Quantum Etf Probability of Future Etf Price Finishing Over 47.48
| QTUM Etf | USD 77.64 3.15 4.23% |
Defiance |
Defiance Quantum Target Price Odds to finish over 47.48
The tendency of Defiance 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 $ 47.48 in 90 days |
| 77.64 | 90 days | 47.48 | close to 99 |
Based on a normal probability distribution, the odds of Defiance Quantum to stay above $ 47.48 in 90 days from now is close to 99 (This Defiance Quantum ETF probability density function shows the probability of Defiance Etf to fall within a particular range of prices over 90 days) . Probability of Defiance Quantum ETF price to stay between $ 47.48 and its current price of $77.64 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days Defiance Quantum has a beta of 0.96 indicating Defiance Quantum ETF market returns are highly reactive to returns on the market. As the market goes up or down, Defiance Quantum is expected to follow. Additionally Defiance Quantum ETF has an alpha of 0.3129, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Defiance Quantum Price Density |
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Predictive Modules for Defiance Quantum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Defiance Quantum ETF. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance Quantum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Defiance Quantum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Defiance Quantum is not an exception. The market had few large corrections towards the Defiance Quantum'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 Defiance Quantum ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Defiance Quantum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 4.40 | |
Ir | Information ratio | 0.20 |
Defiance Quantum 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 Defiance Quantum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Defiance Quantum ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from crypto-news.net: test 2 good 2 be true | |
| The fund maintains 99.52% of its assets in stocks |
Defiance Quantum Technical Analysis
Defiance Quantum's future price can be derived by breaking down and analyzing its technical indicators over time. Defiance Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Defiance Quantum ETF. In general, you should focus on analyzing Defiance Etf price patterns and their correlations with different microeconomic environments and drivers.
Defiance Quantum Predictive Forecast Models
Defiance Quantum's time-series forecasting models is one of many Defiance Quantum'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 Defiance Quantum'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 Defiance Quantum ETF
Checking the ongoing alerts about Defiance Quantum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Defiance Quantum ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from crypto-news.net: test 2 good 2 be true | |
| The fund maintains 99.52% of its assets in stocks |
Check out Defiance Quantum Backtesting, Portfolio Optimization, Defiance Quantum Correlation, Defiance Quantum Hype Analysis, Defiance Quantum Volatility, Defiance Quantum History as well as Defiance Quantum Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Defiance Quantum ETF is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Quantum's value that differs from its market value or its book value, called intrinsic value, which is Defiance Quantum'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 Defiance Quantum's market value can be influenced by many factors that don't directly affect Defiance Quantum'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 Defiance Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Quantum'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.