Microsectors Big Oil Etf Probability of Future Etf Price Finishing Over 147.44
| NRGD Etf | USD 147.44 4.26 2.98% |
MicroSectors |
MicroSectors Big Target Price Odds to finish over 147.44
The tendency of MicroSectors 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 above the current price in 90 days |
| 147.44 | 90 days | 147.44 | about 84.1 |
Based on a normal probability distribution, the odds of MicroSectors Big to move above the current price in 90 days from now is about 84.1 (This MicroSectors Big Oil probability density function shows the probability of MicroSectors Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days MicroSectors Big Oil has a beta of -1.11. This indicates Additionally MicroSectors Big Oil has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. MicroSectors Big Price Density |
| Price |
Predictive Modules for MicroSectors Big
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MicroSectors Big Oil. 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 MicroSectors Big'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.
MicroSectors Big Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MicroSectors Big is not an exception. The market had few large corrections towards the MicroSectors Big'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 MicroSectors Big Oil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MicroSectors Big within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.77 | |
β | Beta against NYSE Composite | -1.11 | |
σ | Overall volatility | 39.30 | |
Ir | Information ratio | -0.3 |
MicroSectors Big 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 MicroSectors Big for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MicroSectors Big Oil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MicroSectors Big Oil generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: KNG Makes Notable Cross Below Critical Moving Average - Nasdaq | |
| MicroSectors Big Oil created five year return of -77.0% | |
| This fund maintains all of its assets in stocks |
MicroSectors Big Technical Analysis
MicroSectors Big's future price can be derived by breaking down and analyzing its technical indicators over time. MicroSectors Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MicroSectors Big Oil. In general, you should focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environments and drivers.
MicroSectors Big Predictive Forecast Models
MicroSectors Big's time-series forecasting models is one of many MicroSectors Big'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 MicroSectors Big'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 MicroSectors Big Oil
Checking the ongoing alerts about MicroSectors Big for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MicroSectors Big Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MicroSectors Big Oil generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: KNG Makes Notable Cross Below Critical Moving Average - Nasdaq | |
| MicroSectors Big Oil created five year return of -77.0% | |
| This fund maintains all of its assets in stocks |
Check out MicroSectors Big Backtesting, Portfolio Optimization, MicroSectors Big Correlation, MicroSectors Big Hype Analysis, MicroSectors Big Volatility, MicroSectors Big History as well as MicroSectors Big Performance. Note that the MicroSectors Big Oil information on this page should be used as a complementary analysis to other MicroSectors Big'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of MicroSectors Big Oil is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Big's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Big'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 MicroSectors Big's market value can be influenced by many factors that don't directly affect MicroSectors Big'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 MicroSectors Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Big'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.