Guinness Atkinson Asset Etf Probability of Future Etf Price Finishing Over 15.38
| MRAD Etf | USD 15.38 0.00 0.00% |
Guinness |
Guinness Atkinson Target Price Odds to finish over 15.38
The tendency of Guinness 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 |
| 15.38 | 90 days | 15.38 | about 10.45 |
Based on a normal probability distribution, the odds of Guinness Atkinson to move above the current price in 90 days from now is about 10.45 (This Guinness Atkinson Asset probability density function shows the probability of Guinness Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Guinness Atkinson Asset has a beta of -0.0932. This indicates as returns on the benchmark increase, returns on holding Guinness Atkinson are expected to decrease at a much lower rate. During a bear market, however, Guinness Atkinson Asset is likely to outperform the market. Additionally Guinness Atkinson Asset has an alpha of 0.0451, implying that it can generate a 0.0451 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guinness Atkinson Price Density |
| Price |
Predictive Modules for Guinness Atkinson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guinness Atkinson Asset. 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.Guinness Atkinson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guinness Atkinson is not an exception. The market had few large corrections towards the Guinness Atkinson'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 Guinness Atkinson Asset, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guinness Atkinson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.04 |
Guinness Atkinson 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 Guinness Atkinson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guinness Atkinson Asset can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guinness Atkinson is not yet fully synchronised with the market data | |
| The fund created three year return of -20.0% | |
| Guinness Atkinson Asset maintains 92.84% of its assets in stocks |
Guinness Atkinson Technical Analysis
Guinness Atkinson's future price can be derived by breaking down and analyzing its technical indicators over time. Guinness Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guinness Atkinson Asset. In general, you should focus on analyzing Guinness Etf price patterns and their correlations with different microeconomic environments and drivers.
Guinness Atkinson Predictive Forecast Models
Guinness Atkinson's time-series forecasting models is one of many Guinness Atkinson'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 Guinness Atkinson'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 Guinness Atkinson Asset
Checking the ongoing alerts about Guinness Atkinson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guinness Atkinson Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guinness Atkinson is not yet fully synchronised with the market data | |
| The fund created three year return of -20.0% | |
| Guinness Atkinson Asset maintains 92.84% of its assets in stocks |
Check out Correlation Analysis 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 Stocks Directory module to find actively traded stocks across global markets.
The market value of Guinness Atkinson Asset is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.