Us Vegan Climate Etf Odds of Future Etf Price Finishing Under 44.62
| VEGN Etf | USD 46.70 0.27 0.58% |
Closest to current price VEGN long CALL Option Payoff at Expiration
VEGN |
US Vegan Target Price Odds to finish below 44.62
The tendency of VEGN 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 drop to $ 44.62 or more in 90 days |
| 46.70 | 90 days | 44.62 | about 11.91 |
Based on a normal probability distribution, the odds of US Vegan to drop to $ 44.62 or more in 90 days from now is about 11.91 (This US Vegan Climate probability density function shows the probability of VEGN Etf to fall within a particular range of prices over 90 days) . Probability of US Vegan Climate price to stay between $ 44.62 and its current price of $46.7 at the end of the 90-day period is about 71.96 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.12 . This entails US Vegan Climate market returns are highly reactive to returns on the market. As the market goes up or down, US Vegan is expected to follow. Additionally US Vegan Climate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. US Vegan Price Density |
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Predictive Modules for US Vegan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as US Vegan Climate. 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 US Vegan'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.
US Vegan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. US Vegan is not an exception. The market had few large corrections towards the US Vegan'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 US Vegan Climate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of US Vegan within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 1.12 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.01 |
US Vegan 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 US Vegan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for US Vegan Climate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund keeps 99.68% of its net assets in stocks |
US Vegan Technical Analysis
US Vegan's future price can be derived by breaking down and analyzing its technical indicators over time. VEGN Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of US Vegan Climate. In general, you should focus on analyzing VEGN Etf price patterns and their correlations with different microeconomic environments and drivers.
US Vegan Predictive Forecast Models
US Vegan's time-series forecasting models is one of many US Vegan'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 US Vegan'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 US Vegan Climate
Checking the ongoing alerts about US Vegan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for US Vegan Climate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund keeps 99.68% of its net assets in stocks |
Check out US Vegan Backtesting, Portfolio Optimization, US Vegan Correlation, US Vegan Hype Analysis, US Vegan Volatility, US Vegan History as well as US Vegan Performance. Note that the US Vegan Climate information on this page should be used as a complementary analysis to other US Vegan'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of US Vegan Climate is measured differently than its book value, which is the value of VEGN that is recorded on the company's balance sheet. Investors also form their own opinion of US Vegan's value that differs from its market value or its book value, called intrinsic value, which is US Vegan'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 US Vegan's market value can be influenced by many factors that don't directly affect US Vegan'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 US Vegan's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Vegan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Vegan'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.