Vaneck Robotics Etf Probability of Future Etf Price Finishing Under 43.97
| IBOT Etf | 43.58 0.41 0.93% |
VanEck |
VanEck Robotics Target Price Odds to finish below 43.97
The tendency of VanEck 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 under 43.97 after 90 days |
| 43.58 | 90 days | 43.97 | about 65.56 |
Based on a normal probability distribution, the odds of VanEck Robotics to stay under 43.97 after 90 days from now is about 65.56 (This VanEck Robotics ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Robotics ETF price to stay between its current price of 43.58 and 43.97 at the end of the 90-day period is about 21.13 .
Given the investment horizon of 90 days VanEck Robotics has a beta of 0.87. This usually indicates VanEck Robotics ETF market returns are related to returns on the market. As the market goes up or down, VanEck Robotics is expected to follow. Additionally VanEck Robotics ETF 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. VanEck Robotics Price Density |
| Price |
Predictive Modules for VanEck Robotics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Robotics ETF. 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.VanEck Robotics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Robotics is not an exception. The market had few large corrections towards the VanEck Robotics' 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 VanEck Robotics ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Robotics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.05 |
VanEck Robotics Technical Analysis
VanEck Robotics' future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Robotics ETF. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Robotics Predictive Forecast Models
VanEck Robotics' time-series forecasting models is one of many VanEck Robotics' 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 VanEck Robotics' 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 VanEck Robotics 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, VanEck Robotics' short interest history, or implied volatility extrapolated from VanEck Robotics options trading.
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The market value of VanEck Robotics ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Robotics' value that differs from its market value or its book value, called intrinsic value, which is VanEck Robotics' 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 VanEck Robotics' market value can be influenced by many factors that don't directly affect VanEck Robotics' 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 VanEck Robotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Robotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Robotics' 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.