Fam Etf Chance of Future Etf Price Finishing Under 6.24
| FAM Etf | USD 6.74 0.00 0.00% |
FAM |
FAM Target Price Odds to finish below 6.24
The tendency of FAM 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 $ 6.24 or more in 90 days |
| 6.74 | 90 days | 6.24 | about 21.7 |
Based on a normal probability distribution, the odds of FAM to drop to $ 6.24 or more in 90 days from now is about 21.7 (This FAM probability density function shows the probability of FAM Etf to fall within a particular range of prices over 90 days) . Probability of FAM price to stay between $ 6.24 and its current price of $6.74 at the end of the 90-day period is about 77.81 .
Considering the 90-day investment horizon FAM has a beta of -0.094. This usually indicates as returns on the benchmark increase, returns on holding FAM are expected to decrease at a much lower rate. During a bear market, however, FAM is likely to outperform the market. Additionally FAM has an alpha of 0.1134, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FAM Price Density |
| Price |
Predictive Modules for FAM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FAM. 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.FAM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FAM is not an exception. The market had few large corrections towards the FAM'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 FAM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FAM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.02 |
FAM 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 FAM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FAM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FAM is not yet fully synchronised with the market data | |
| FAM has 31.8 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. FAM has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist FAM until it has trouble settling it off, either with new capital or with free cash flow. So, FAM's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FAM sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FAM to invest in growth at high rates of return. When we think about FAM's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 6.36 M. Reported Net Loss for the year was (30.34 M) with profit before taxes, overhead, and interest of 7.45 M. | |
| About 18.0% of FAM shares are held by company insiders | |
| FAM generated five year return of -2.0% |
FAM Technical Analysis
FAM's future price can be derived by breaking down and analyzing its technical indicators over time. FAM Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FAM. In general, you should focus on analyzing FAM Etf price patterns and their correlations with different microeconomic environments and drivers.
FAM Predictive Forecast Models
FAM's time-series forecasting models is one of many FAM'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 FAM'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 FAM
Checking the ongoing alerts about FAM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FAM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FAM is not yet fully synchronised with the market data | |
| FAM has 31.8 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. FAM has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist FAM until it has trouble settling it off, either with new capital or with free cash flow. So, FAM's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FAM sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FAM to invest in growth at high rates of return. When we think about FAM's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 6.36 M. Reported Net Loss for the year was (30.34 M) with profit before taxes, overhead, and interest of 7.45 M. | |
| About 18.0% of FAM shares are held by company insiders | |
| FAM generated five year return of -2.0% |
Check out Investing Opportunities 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 nation. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of FAM is measured differently than its book value, which is the value of FAM that is recorded on the company's balance sheet. Investors also form their own opinion of FAM's value that differs from its market value or its book value, called intrinsic value, which is FAM'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 FAM's market value can be influenced by many factors that don't directly affect FAM'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 FAM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FAM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FAM'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.