Chii Etf Chance of Future Etf Price Finishing Over 13.40
| CHII Etf | USD 12.24 0.01 0.08% |
CHII |
CHII Target Price Odds to finish over 13.40
The tendency of CHII 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 over $ 13.40 or more in 90 days |
| 12.24 | 90 days | 13.40 | roughly 2.9 |
Based on a normal probability distribution, the odds of CHII to move over $ 13.40 or more in 90 days from now is roughly 2.9 (This CHII probability density function shows the probability of CHII Etf to fall within a particular range of prices over 90 days) . Probability of CHII price to stay between its current price of $ 12.24 and $ 13.40 at the end of the 90-day period is about 66.97 .
Given the investment horizon of 90 days CHII has a beta of -0.0872 suggesting as returns on the benchmark increase, returns on holding CHII are expected to decrease at a much lower rate. During a bear market, however, CHII is likely to outperform the market. Additionally CHII 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. CHII Price Density |
| Price |
Predictive Modules for CHII
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHII. 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.CHII Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHII is not an exception. The market had few large corrections towards the CHII'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 CHII, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHII within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.13 |
CHII 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 CHII for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHII can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHII is not yet fully synchronised with the market data | |
| CHII created five year return of -5.0% | |
| This fund holds 100.83% of its assets under management (AUM) in equities |
CHII Technical Analysis
CHII's future price can be derived by breaking down and analyzing its technical indicators over time. CHII Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHII. In general, you should focus on analyzing CHII Etf price patterns and their correlations with different microeconomic environments and drivers.
CHII Predictive Forecast Models
CHII's time-series forecasting models is one of many CHII'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 CHII'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 CHII
Checking the ongoing alerts about CHII for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHII help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHII is not yet fully synchronised with the market data | |
| CHII created five year return of -5.0% | |
| This fund holds 100.83% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of CHII is measured differently than its book value, which is the value of CHII that is recorded on the company's balance sheet. Investors also form their own opinion of CHII's value that differs from its market value or its book value, called intrinsic value, which is CHII'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 CHII's market value can be influenced by many factors that don't directly affect CHII'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 CHII's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHII is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHII'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.