Lyxor Euro (Switzerland) Probability of Future Etf Price Finishing Under 5.84
| ERTH Etf | 7.23 0.04 0.55% |
Lyxor |
Lyxor Euro Target Price Odds to finish below 5.84
The tendency of Lyxor 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 5.84 or more in 90 days |
| 7.23 | 90 days | 5.84 | near 1 |
Based on a normal probability distribution, the odds of Lyxor Euro to drop to 5.84 or more in 90 days from now is near 1 (This Lyxor Euro Government probability density function shows the probability of Lyxor Etf to fall within a particular range of prices over 90 days) . Probability of Lyxor Euro Government price to stay between 5.84 and its current price of 7.23 at the end of the 90-day period is about 83.16 .
Assuming the 90 days trading horizon Lyxor Euro Government has a beta of -0.0665 suggesting as returns on the benchmark increase, returns on holding Lyxor Euro are expected to decrease at a much lower rate. During a bear market, however, Lyxor Euro Government is likely to outperform the market. Additionally Lyxor Euro Government has an alpha of 0.0033, implying that it can generate a 0.003307 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lyxor Euro Price Density |
| Price |
Predictive Modules for Lyxor Euro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lyxor Euro Government. 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.Lyxor Euro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lyxor Euro is not an exception. The market had few large corrections towards the Lyxor Euro'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 Lyxor Euro Government, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lyxor Euro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.2 |
Lyxor Euro Technical Analysis
Lyxor Euro's future price can be derived by breaking down and analyzing its technical indicators over time. Lyxor Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lyxor Euro Government. In general, you should focus on analyzing Lyxor Etf price patterns and their correlations with different microeconomic environments and drivers.
Lyxor Euro Predictive Forecast Models
Lyxor Euro's time-series forecasting models is one of many Lyxor Euro'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 Lyxor Euro'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 Lyxor Euro 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, Lyxor Euro's short interest history, or implied volatility extrapolated from Lyxor Euro options trading.