518600 (China) Chance of Future Etf Price Finishing Over 5.43
| 518600 Etf | 5.84 0.05 0.86% |
518600 |
518600 Target Price Odds to finish over 5.43
The tendency of 518600 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 above 5.43 in 90 days |
| 5.84 | 90 days | 5.43 | about 91.44 |
Based on a normal probability distribution, the odds of 518600 to stay above 5.43 in 90 days from now is about 91.44 (This 518600 probability density function shows the probability of 518600 Etf to fall within a particular range of prices over 90 days) . Probability of 518600 price to stay between 5.43 and its current price of 5.84 at the end of the 90-day period is about 69.94 .
Assuming the 90 days trading horizon 518600 has a beta of -0.24. This suggests as returns on the benchmark increase, returns on holding 518600 are expected to decrease at a much lower rate. During a bear market, however, 518600 is likely to outperform the market. Additionally 518600 has an alpha of 0.1287, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 518600 Price Density |
| Price |
Predictive Modules for 518600
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 518600. 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.518600 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 518600 is not an exception. The market had few large corrections towards the 518600'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 518600, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 518600 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.0008 |
518600 Technical Analysis
518600's future price can be derived by breaking down and analyzing its technical indicators over time. 518600 Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 518600. In general, you should focus on analyzing 518600 Etf price patterns and their correlations with different microeconomic environments and drivers.
518600 Predictive Forecast Models
518600's time-series forecasting models is one of many 518600'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 518600'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 518600 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 518600's short interest history, or implied volatility extrapolated from 518600 options trading.