NewFunds Low (South Africa) Probability of Future Etf Price Finishing Under 1272.34
| STXLVL Etf | 1,229 6.00 0.49% |
NewFunds |
NewFunds Low Target Price Odds to finish below 1272.34
The tendency of NewFunds 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 1,272 after 90 days |
| 1,229 | 90 days | 1,272 | close to 99 |
Based on a normal probability distribution, the odds of NewFunds Low to stay under 1,272 after 90 days from now is close to 99 (This NewFunds Low Volatility probability density function shows the probability of NewFunds Etf to fall within a particular range of prices over 90 days) . Probability of NewFunds Low Volatility price to stay between its current price of 1,229 and 1,272 at the end of the 90-day period is about 31.15 .
Assuming the 90 days trading horizon NewFunds Low Volatility has a beta of -0.0933. This usually implies as returns on the benchmark increase, returns on holding NewFunds Low are expected to decrease at a much lower rate. During a bear market, however, NewFunds Low Volatility is likely to outperform the market. Additionally NewFunds Low Volatility 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. NewFunds Low Price Density |
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Predictive Modules for NewFunds Low
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NewFunds Low Volatility. 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 NewFunds Low'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.
NewFunds Low Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NewFunds Low is not an exception. The market had few large corrections towards the NewFunds Low'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 NewFunds Low Volatility, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NewFunds Low within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 18.98 | |
Ir | Information ratio | -0.02 |
NewFunds Low 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 NewFunds Low for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NewFunds Low Volatility can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NewFunds Low generated a negative expected return over the last 90 days |
NewFunds Low Technical Analysis
NewFunds Low's future price can be derived by breaking down and analyzing its technical indicators over time. NewFunds Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NewFunds Low Volatility. In general, you should focus on analyzing NewFunds Etf price patterns and their correlations with different microeconomic environments and drivers.
NewFunds Low Predictive Forecast Models
NewFunds Low's time-series forecasting models is one of many NewFunds Low'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 NewFunds Low'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 NewFunds Low Volatility
Checking the ongoing alerts about NewFunds Low for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NewFunds Low Volatility help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NewFunds Low generated a negative expected return over the last 90 days |