Sp Downtown (Brazil) Probability of Future Fund Price Finishing Over 37.28
| SPTW11 Fund | BRL 32.61 1.20 3.82% |
SPTW11 |
Sp Downtown Target Price Odds to finish over 37.28
The tendency of SPTW11 Fund 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 over R$ 37.28 or more in 90 days |
| 32.61 | 90 days | 37.28 | about 10.55 |
Based on a normal probability distribution, the odds of Sp Downtown to move over R$ 37.28 or more in 90 days from now is about 10.55 (This Sp Downtown Fundo probability density function shows the probability of SPTW11 Fund to fall within a particular range of prices over 90 days) . Probability of Sp Downtown Fundo price to stay between its current price of R$ 32.61 and R$ 37.28 at the end of the 90-day period is about 60.41 .
Assuming the 90 days trading horizon Sp Downtown Fundo has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding Sp Downtown are expected to decrease at a much lower rate. During a bear market, however, Sp Downtown Fundo is likely to outperform the market. Additionally Sp Downtown Fundo 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. Sp Downtown Price Density |
| Price |
Predictive Modules for Sp Downtown
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sp Downtown Fundo. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Sp Downtown Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sp Downtown is not an exception. The market had few large corrections towards the Sp Downtown'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 Sp Downtown Fundo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sp Downtown within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 2.59 | |
Ir | Information ratio | -0.1 |
Sp Downtown 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 Sp Downtown for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sp Downtown Fundo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sp Downtown Fundo generated a negative expected return over the last 90 days |
Sp Downtown Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SPTW11 Fund often depends not only on the future outlook of the current and potential Sp Downtown's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sp Downtown's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 7.01k | |
| Average Daily Volume In Three Month | 4.72k |
Sp Downtown Technical Analysis
Sp Downtown's future price can be derived by breaking down and analyzing its technical indicators over time. SPTW11 Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sp Downtown Fundo. In general, you should focus on analyzing SPTW11 Fund price patterns and their correlations with different microeconomic environments and drivers.
Sp Downtown Predictive Forecast Models
Sp Downtown's time-series forecasting models is one of many Sp Downtown's fund 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 Sp Downtown'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 fund market movement and maximize returns from investment trading.
Things to note about Sp Downtown Fundo
Checking the ongoing alerts about Sp Downtown for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sp Downtown Fundo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sp Downtown Fundo generated a negative expected return over the last 90 days |
Other Information on Investing in SPTW11 Fund
Sp Downtown financial ratios help investors to determine whether SPTW11 Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPTW11 with respect to the benefits of owning Sp Downtown security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |