Proshares Global Listed Etf Probability of Future Etf Price Finishing Under 36.76
| PEX Etf | USD 28.95 0.02 0.07% |
ProShares |
ProShares Global Target Price Odds to finish below 36.76
The tendency of ProShares 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 $ 36.76 after 90 days |
| 28.95 | 90 days | 36.76 | close to 99 |
Based on a normal probability distribution, the odds of ProShares Global to stay under $ 36.76 after 90 days from now is close to 99 (This ProShares Global Listed probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares Global Listed price to stay between its current price of $ 28.95 and $ 36.76 at the end of the 90-day period is about 21.0 .
Considering the 90-day investment horizon ProShares Global has a beta of 0.83 indicating as returns on the market go up, ProShares Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ProShares Global Listed will be expected to be much smaller as well. Additionally ProShares Global Listed has an alpha of 0.0308, implying that it can generate a 0.0308 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ProShares Global Price Density |
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Predictive Modules for ProShares Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Global Listed. 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 ProShares Global'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.
ProShares Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares Global is not an exception. The market had few large corrections towards the ProShares Global'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 ProShares Global Listed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares Global within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.83 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | 0.03 |
ProShares Global 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 ProShares Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares Global Listed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.ProShares Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ProShares Etf often depends not only on the future outlook of the current and potential ProShares Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ProShares Global's indicators that are reflective of the short sentiment are summarized in the table below.
ProShares Global Technical Analysis
ProShares Global's future price can be derived by breaking down and analyzing its technical indicators over time. ProShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProShares Global Listed. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.
ProShares Global Predictive Forecast Models
ProShares Global's time-series forecasting models is one of many ProShares Global'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 ProShares Global'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 ProShares Global Listed
Checking the ongoing alerts about ProShares Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares Global Listed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
When determining whether ProShares Global Listed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Global Listed Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Global Listed Etf: Check out ProShares Global Backtesting, Portfolio Optimization, ProShares Global Correlation, ProShares Global Hype Analysis, ProShares Global Volatility, ProShares Global History as well as ProShares Global Performance. Note that the ProShares Global Listed information on this page should be used as a complementary analysis to other ProShares Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of ProShares Global Listed is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Global's value that differs from its market value or its book value, called intrinsic value, which is ProShares Global'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 ProShares Global's market value can be influenced by many factors that don't directly affect ProShares Global'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 ProShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Global'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.