VanEck IBoxx (Netherlands) Probability of Future Etf Price Finishing Over 12.13
| TGBT Etf | EUR 12.13 0.02 0.17% |
VanEck |
VanEck IBoxx Target Price Odds to finish over 12.13
The tendency of VanEck 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 |
| 12.13 | 90 days | 12.13 | about 86.85 |
Based on a normal probability distribution, the odds of VanEck IBoxx to move above the current price in 90 days from now is about 86.85 (This VanEck iBoxx EUR probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon VanEck IBoxx has a beta of 0.0586. This usually implies as returns on the market go up, VanEck IBoxx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck iBoxx EUR will be expected to be much smaller as well. Additionally VanEck iBoxx EUR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. VanEck IBoxx Price Density |
| Price |
Predictive Modules for VanEck IBoxx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck iBoxx EUR. 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 VanEck IBoxx'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.
VanEck IBoxx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck IBoxx is not an exception. The market had few large corrections towards the VanEck IBoxx'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 VanEck iBoxx EUR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck IBoxx within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.23 |
VanEck IBoxx 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 VanEck IBoxx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck iBoxx EUR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VanEck iBoxx EUR generated a negative expected return over the last 90 days | |
| The fund maintains about 99.75% of its assets in bonds |
VanEck IBoxx 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 VanEck Etf often depends not only on the future outlook of the current and potential VanEck IBoxx'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. VanEck IBoxx's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 19.83k | |
| Average Daily Volume In Three Month | 13.7k |
VanEck IBoxx Technical Analysis
VanEck IBoxx's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck iBoxx EUR. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck IBoxx Predictive Forecast Models
VanEck IBoxx's time-series forecasting models is one of many VanEck IBoxx'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 VanEck IBoxx'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 VanEck iBoxx EUR
Checking the ongoing alerts about VanEck IBoxx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck iBoxx EUR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VanEck iBoxx EUR generated a negative expected return over the last 90 days | |
| The fund maintains about 99.75% of its assets in bonds |
Check out VanEck IBoxx Backtesting, Portfolio Optimization, VanEck IBoxx Correlation, VanEck IBoxx Hype Analysis, VanEck IBoxx Volatility, VanEck IBoxx History as well as VanEck IBoxx Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.