Yuanta EURO (Taiwan) Probability of Future Etf Price Finishing Under 36.71
| 00660 Etf | TWD 35.75 0.05 0.14% |
Yuanta |
Yuanta EURO Target Price Odds to finish below 36.71
The tendency of Yuanta 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 NT$ 36.71 after 90 days |
| 35.75 | 90 days | 36.71 | about 90.31 |
Based on a normal probability distribution, the odds of Yuanta EURO to stay under NT$ 36.71 after 90 days from now is about 90.31 (This Yuanta EURO STOXX probability density function shows the probability of Yuanta Etf to fall within a particular range of prices over 90 days) . Probability of Yuanta EURO STOXX price to stay between its current price of NT$ 35.75 and NT$ 36.71 at the end of the 90-day period is about 17.16 .
Assuming the 90 days trading horizon Yuanta EURO STOXX has a beta of -0.0302. This suggests as returns on the benchmark increase, returns on holding Yuanta EURO are expected to decrease at a much lower rate. During a bear market, however, Yuanta EURO STOXX is likely to outperform the market. Additionally Yuanta EURO STOXX has an alpha of 0.1408, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Yuanta EURO Price Density |
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Predictive Modules for Yuanta EURO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yuanta EURO STOXX. 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 Yuanta EURO'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.
Yuanta EURO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yuanta EURO is not an exception. The market had few large corrections towards the Yuanta EURO'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 Yuanta EURO STOXX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yuanta EURO within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.14 | |
β | Beta against NYSE Composite | -0.03 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | 0.09 |
Yuanta EURO 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 Yuanta EURO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yuanta EURO STOXX 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 holds 90.43% of its total net assets in equities |
Yuanta EURO 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 Yuanta Etf often depends not only on the future outlook of the current and potential Yuanta EURO'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. Yuanta EURO's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 10.88k | |
| Average Daily Volume In Three Month | 16.45k |
Yuanta EURO Technical Analysis
Yuanta EURO's future price can be derived by breaking down and analyzing its technical indicators over time. Yuanta Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yuanta EURO STOXX. In general, you should focus on analyzing Yuanta Etf price patterns and their correlations with different microeconomic environments and drivers.
Yuanta EURO Predictive Forecast Models
Yuanta EURO's time-series forecasting models is one of many Yuanta EURO'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 Yuanta EURO'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 Yuanta EURO STOXX
Checking the ongoing alerts about Yuanta EURO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yuanta EURO STOXX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds 90.43% of its total net assets in equities |
Check out Yuanta EURO Backtesting, Portfolio Optimization, Yuanta EURO Correlation, Yuanta EURO Hype Analysis, Yuanta EURO Volatility, Yuanta EURO History as well as Yuanta EURO Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.