Psagot Index (Israel) Probability of Future Etf Price Finishing Over 233.40
| PSG-F161 | 233.40 1.40 0.60% |
Psagot |
Psagot Index Target Price Odds to finish over 233.40
The tendency of Psagot 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 |
| 233.40 | 90 days | 233.40 | about 44.81 |
Based on a normal probability distribution, the odds of Psagot Index to move above the current price in 90 days from now is about 44.81 (This Psagot Index Funds probability density function shows the probability of Psagot Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Psagot Index Funds has a beta of -0.0652 indicating as returns on the benchmark increase, returns on holding Psagot Index are expected to decrease at a much lower rate. During a bear market, however, Psagot Index Funds is likely to outperform the market. Additionally Psagot Index Funds has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Psagot Index Price Density |
| Price |
Predictive Modules for Psagot Index
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Psagot Index Funds. 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 Psagot Index'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 note, it is not enough to conduct a financial or market analysis of a single entity such as Psagot Index. Your research has to be compared to or analyzed against Psagot Index's peers to derive any actionable benefits. When done correctly, Psagot Index's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Psagot Index Funds. Psagot Index Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Psagot Index is not an exception. The market had few large corrections towards the Psagot Index'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 Psagot Index Funds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Psagot Index within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | -0.07 | |
σ | Overall volatility | 13.87 | |
Ir | Information ratio | -0.04 |
Psagot Index 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 Psagot Index for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Psagot Index Funds can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Psagot Index Funds generated a negative expected return over the last 90 days |
Psagot Index Technical Analysis
Psagot Index's future price can be derived by breaking down and analyzing its technical indicators over time. Psagot Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Psagot Index Funds. In general, you should focus on analyzing Psagot Etf price patterns and their correlations with different microeconomic environments and drivers.
Psagot Index Predictive Forecast Models
Psagot Index's time-series forecasting models is one of many Psagot Index'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 Psagot Index'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 Psagot Index Funds
Checking the ongoing alerts about Psagot Index for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Psagot Index Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Psagot Index Funds generated a negative expected return over the last 90 days |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Psagot Index Funds information on this page should be used as a complementary analysis to other Psagot Index'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.