Week Etf Chance of Future Etf Price Finishing Over 100.02
| WEEK Etf | 100.02 0.00 0.00% |
WEEK Target Price Odds to finish over 100.02
The tendency of WEEK 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 |
| 100.02 | 90 days | 100.02 | about 5.91 |
Based on a normal probability distribution, the odds of WEEK to move above the current price in 90 days from now is about 5.91 (This WEEK probability density function shows the probability of WEEK Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days WEEK has a beta of -0.0028. This entails as returns on the benchmark increase, returns on holding WEEK are expected to decrease at a much lower rate. During a bear market, however, WEEK is likely to outperform the market. Additionally WEEK has an alpha of 0.0068, implying that it can generate a 0.006828 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WEEK Price Density |
| Price |
Predictive Modules for WEEK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WEEK. 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 WEEK'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.
WEEK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WEEK is not an exception. The market had few large corrections towards the WEEK'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 WEEK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WEEK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0028 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -7.15 |
WEEK 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 WEEK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WEEK can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WEEK is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Massive Inflows into Digital Assets 3.7 Billion in One Week and Record-High AUM - ETF Database |
WEEK Technical Analysis
WEEK's future price can be derived by breaking down and analyzing its technical indicators over time. WEEK Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEEK. In general, you should focus on analyzing WEEK Etf price patterns and their correlations with different microeconomic environments and drivers.
WEEK Predictive Forecast Models
WEEK's time-series forecasting models is one of many WEEK'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 WEEK'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 WEEK
Checking the ongoing alerts about WEEK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WEEK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WEEK is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Massive Inflows into Digital Assets 3.7 Billion in One Week and Record-High AUM - ETF Database |
Check out WEEK Backtesting, Portfolio Optimization, WEEK Correlation, WEEK Hype Analysis, WEEK Volatility, WEEK History as well as WEEK Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of WEEK is measured differently than its book value, which is the value of WEEK that is recorded on the company's balance sheet. Investors also form their own opinion of WEEK's value that differs from its market value or its book value, called intrinsic value, which is WEEK'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 WEEK's market value can be influenced by many factors that don't directly affect WEEK'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 WEEK's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEEK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEEK'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.