Rex Volmaxx Long Etf Probability of Future Etf Price Finishing Over 50.26
| VMAX Etf | 48.49 0.01 0.02% |
REX |
REX VolMAXX Target Price Odds to finish over 50.26
The tendency of REX 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 move over 50.26 or more in 90 days |
| 48.49 | 90 days | 50.26 | about 36.94 |
Based on a normal probability distribution, the odds of REX VolMAXX to move over 50.26 or more in 90 days from now is about 36.94 (This REX VolMAXX Long probability density function shows the probability of REX Etf to fall within a particular range of prices over 90 days) . Probability of REX VolMAXX Long price to stay between its current price of 48.49 and 50.26 at the end of the 90-day period is about 48.1 .
Given the investment horizon of 90 days REX VolMAXX has a beta of 0.22. This entails as returns on the market go up, REX VolMAXX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding REX VolMAXX Long will be expected to be much smaller as well. Additionally REX VolMAXX Long 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. REX VolMAXX Price Density |
| Price |
Predictive Modules for REX VolMAXX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REX VolMAXX Long. 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.REX VolMAXX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REX VolMAXX is not an exception. The market had few large corrections towards the REX VolMAXX'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 REX VolMAXX Long, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REX VolMAXX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | -0.08 |
REX VolMAXX 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 REX VolMAXX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for REX VolMAXX Long can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| REX VolMAXX Long generated a negative expected return over the last 90 days | |
| The fund keeps all of the net assets in exotic instruments |
REX VolMAXX Technical Analysis
REX VolMAXX's future price can be derived by breaking down and analyzing its technical indicators over time. REX Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REX VolMAXX Long. In general, you should focus on analyzing REX Etf price patterns and their correlations with different microeconomic environments and drivers.
REX VolMAXX Predictive Forecast Models
REX VolMAXX's time-series forecasting models is one of many REX VolMAXX'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 REX VolMAXX'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 REX VolMAXX Long
Checking the ongoing alerts about REX VolMAXX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for REX VolMAXX Long help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| REX VolMAXX Long generated a negative expected return over the last 90 days | |
| The fund keeps all of the net assets in exotic instruments |
Check out REX VolMAXX Backtesting, Portfolio Optimization, REX VolMAXX Correlation, REX VolMAXX Hype Analysis, REX VolMAXX Volatility, REX VolMAXX History as well as REX VolMAXX Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX'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 REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX'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 REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX'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.