FNB Government (South Africa) Probability of Future Etf Price Finishing Over 2,442
| FNBINF Etf | 2,443 7.00 0.29% |
FNB |
FNB Government Target Price Odds to finish over 2,442
The tendency of FNB 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 above the current price in 90 days |
| 2,443 | 90 days | 2,443 | about 31.78 |
Based on a normal probability distribution, the odds of FNB Government to move above the current price in 90 days from now is about 31.78 (This FNB Government Inflation probability density function shows the probability of FNB Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon FNB Government Inflation has a beta of -0.0351. This usually indicates as returns on the benchmark increase, returns on holding FNB Government are expected to decrease at a much lower rate. During a bear market, however, FNB Government Inflation is likely to outperform the market. Additionally FNB Government Inflation has an alpha of 0.0122, implying that it can generate a 0.0122 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FNB Government Price Density |
| Price |
Predictive Modules for FNB Government
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FNB Government Inflation. 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.FNB Government Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FNB Government is not an exception. The market had few large corrections towards the FNB Government'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 FNB Government Inflation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FNB Government within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 22.92 | |
Ir | Information ratio | -0.32 |
FNB Government 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 FNB Government for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FNB Government Inflation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FNB Government generated a negative expected return over the last 90 days |
FNB Government Technical Analysis
FNB Government's future price can be derived by breaking down and analyzing its technical indicators over time. FNB Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FNB Government Inflation. In general, you should focus on analyzing FNB Etf price patterns and their correlations with different microeconomic environments and drivers.
FNB Government Predictive Forecast Models
FNB Government's time-series forecasting models is one of many FNB Government'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 FNB Government'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 FNB Government Inflation
Checking the ongoing alerts about FNB Government for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FNB Government Inflation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FNB Government generated a negative expected return over the last 90 days |