ZEGA Buy Etf Odds of Future Etf Price Finishing Over 16.98

ZHDG
 Etf
  

USD 16.98  0.09  0.53%   

ZEGA Buy's future price is the expected price of ZEGA Buy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ZEGA Buy And performance during a given time horizon utilizing its historical volatility.
  
ZEGA Buy's implied volatility is one of the determining factors in the pricing options written on ZEGA Buy And. Implied volatility approximates the future value of ZEGA Buy based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in ZEGA Buy And over a specific time period. For example, 2022-12-16 CALL at $16.0 is a CALL option contract on ZEGA Buy's common stock with a strick price of 16.0 expiring on 2022-12-16. The contract was not traded in recent days and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $0.2, and an ask price of $1.8. The implied volatility as of the 10th of December is 130.3789. View All ZEGA Buy options

Closest to current price ZEGA Buy long CALL Option Payoff at Expiration

Check out ZEGA Buy Backtesting, Portfolio Optimization, ZEGA Buy Correlation, ZEGA Buy Hype Analysis, ZEGA Buy Volatility, ZEGA Buy History as well as ZEGA Buy Performance. Please specify ZEGA Buy time horizon, a valid symbol (red box) and a target price (blue box) you would like ZEGA Buy odds to be computed.

ZEGA Buy Target Price Odds to finish over 16.98

The tendency of ZEGA Buy 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 16.98 90 days 16.98 
about 40.13
Based on a normal probability distribution, the odds of ZEGA Buy to move above the current price in 90 days from now is about 40.13 (This ZEGA Buy And probability density function shows the probability of ZEGA Buy Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days ZEGA Buy has a beta of 0.61. This usually means as returns on the market go up, ZEGA Buy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZEGA Buy And will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ZEGA Buy And is significantly underperforming NYSE Composite.
   ZEGA Buy Price Density   
       Price  

Predictive Modules for ZEGA Buy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZEGA Buy And. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of ZEGA Buy'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. Please use the tools below to analyze the current value of ZEGA Buy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.9816.9817.98
Details
Intrinsic
Valuation
LowReal ValueHigh
15.9516.9517.95
Details
Naive
Forecast
LowNext ValueHigh
15.8416.8417.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.7217.1417.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZEGA Buy. Your research has to be compared to or analyzed against ZEGA Buy's peers to derive any actionable benefits. When done correctly, ZEGA Buy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ZEGA Buy And.

ZEGA Buy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ZEGA Buy is not an exception. The market had few large corrections towards the ZEGA Buy'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 ZEGA Buy And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZEGA Buy within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite0.61
σ
Overall volatility
0.36
Ir
Information ratio -0.07

ZEGA Buy 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 ZEGA Buy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZEGA Buy And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ZEGA Buy And generated a negative expected return over the last 90 days
The fund keeps about 5.02% of its net assets in bonds

ZEGA Buy 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 ZEGA Buy Etf often depends not only on the future outlook of the current and potential ZEGA Buy'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. ZEGA Buy's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day57.68k
Average Daily Volume In Three Month47.28k

ZEGA Buy Technical Analysis

ZEGA Buy's future price can be derived by breaking down and analyzing its technical indicators over time. ZEGA Buy Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZEGA Buy And. In general, you should focus on analyzing ZEGA Buy Etf price patterns and their correlations with different microeconomic environments and drivers.

ZEGA Buy Predictive Forecast Models

ZEGA Buy time-series forecasting models is one of many ZEGA Buy's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary ZEGA Buy'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 ZEGA Buy And

Checking the ongoing alerts about ZEGA Buy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZEGA Buy And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ZEGA Buy And generated a negative expected return over the last 90 days
The fund keeps about 5.02% of its net assets in bonds
Check out ZEGA Buy Backtesting, Portfolio Optimization, ZEGA Buy Correlation, ZEGA Buy Hype Analysis, ZEGA Buy Volatility, ZEGA Buy History as well as ZEGA Buy Performance. Note that the ZEGA Buy And information on this page should be used as a complementary analysis to other ZEGA Buy'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for ZEGA Buy Etf analysis

When running ZEGA Buy And price analysis, check to measure ZEGA Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZEGA Buy is operating at the current time. Most of ZEGA Buy's value examination focuses on studying past and present price action to predict the probability of ZEGA Buy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ZEGA Buy's price. Additionally, you may evaluate how the addition of ZEGA Buy to your portfolios can decrease your overall portfolio volatility.
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The market value of ZEGA Buy And is measured differently than its book value, which is the value of ZEGA Buy that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine ZEGA Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.