CHIS Etf Forecast - Skewness
| CHIS Etf | USD 19.81 0.02 0.10% |
CHIS Etf Forecast is based on your current time horizon.
CHIS |
| Previous Skewness | Skewness | Trend |
| 0 | 0 |
| Check CHIS Volatility | Backtest CHIS | Trend Details |
CHIS Trading Date Momentum
| On July 24 2023 CHIS was traded for 19.81 at the closing time. The top price for the day was 19.81 and the lowest listed price was 19.68 . The trading volume for the day was 793. The trading history from July 24, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.17% . The overall trading delta against the current closing price is 1.07% . |
CHIS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CHIS etf to make a market-neutral strategy. Peer analysis of CHIS could also be used in its relative valuation, which is a method of valuing CHIS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CHIS Market Strength Events
Market strength indicators help investors to evaluate how CHIS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHIS shares will generate the highest return on investment. By undertsting and applying CHIS etf market strength indicators, traders can identify CHIS entry and exit signals to maximize returns.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of CHIS is measured differently than its book value, which is the value of CHIS that is recorded on the company's balance sheet. Investors also form their own opinion of CHIS's value that differs from its market value or its book value, called intrinsic value, which is CHIS'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 CHIS's market value can be influenced by many factors that don't directly affect CHIS'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 CHIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIS'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.