Cathay Nikkei (Taiwan) Probability of Future Etf Price Finishing Under 12.15
| 00657K Etf | USD 13.83 0.04 0.29% |
Cathay |
Cathay Nikkei Target Price Odds to finish below 12.15
The tendency of Cathay 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 drop to $ 12.15 or more in 90 days |
| 13.83 | 90 days | 12.15 | near 1 |
Based on a normal probability distribution, the odds of Cathay Nikkei to drop to $ 12.15 or more in 90 days from now is near 1 (This Cathay Nikkei 225 probability density function shows the probability of Cathay Etf to fall within a particular range of prices over 90 days) . Probability of Cathay Nikkei 225 price to stay between $ 12.15 and its current price of $13.83 at the end of the 90-day period is about 29.42 .
Assuming the 90 days trading horizon Cathay Nikkei has a beta of 0.52. This suggests as returns on the market go up, Cathay Nikkei average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cathay Nikkei 225 will be expected to be much smaller as well. Additionally Cathay Nikkei 225 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Cathay Nikkei Price Density |
| Price |
Predictive Modules for Cathay Nikkei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cathay Nikkei 225. 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.Cathay Nikkei Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cathay Nikkei is not an exception. The market had few large corrections towards the Cathay Nikkei'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 Cathay Nikkei 225, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cathay Nikkei within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.1 |
Cathay Nikkei 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 Cathay Nikkei for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cathay Nikkei 225 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cathay Nikkei 225 generated a negative expected return over the last 90 days | |
| The fund holds 86.03% of its total net assets in equities |
Cathay Nikkei 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 Cathay Etf often depends not only on the future outlook of the current and potential Cathay Nikkei'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. Cathay Nikkei's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume In Three Month | 50.22k |
Cathay Nikkei Technical Analysis
Cathay Nikkei's future price can be derived by breaking down and analyzing its technical indicators over time. Cathay Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cathay Nikkei 225. In general, you should focus on analyzing Cathay Etf price patterns and their correlations with different microeconomic environments and drivers.
Cathay Nikkei Predictive Forecast Models
Cathay Nikkei's time-series forecasting models is one of many Cathay Nikkei'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 Cathay Nikkei'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 Cathay Nikkei 225
Checking the ongoing alerts about Cathay Nikkei for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cathay Nikkei 225 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cathay Nikkei 225 generated a negative expected return over the last 90 days | |
| The fund holds 86.03% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay Nikkei financial ratios help investors to determine whether Cathay Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cathay with respect to the benefits of owning Cathay Nikkei security.