Obp Capital Etf Probability of Future Etf Price Finishing Over 9.26
| UVDV Etf | USD 9.35 0.00 0.00% |
OBP |
OBP Capital Target Price Odds to finish over 9.26
The tendency of OBP 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 above $ 9.26 in 90 days |
| 9.35 | 90 days | 9.26 | about 54.57 |
Based on a normal probability distribution, the odds of OBP Capital to stay above $ 9.26 in 90 days from now is about 54.57 (This OBP Capital probability density function shows the probability of OBP Etf to fall within a particular range of prices over 90 days) . Probability of OBP Capital price to stay between $ 9.26 and its current price of $9.35 at the end of the 90-day period is about 36.65 .
Given the investment horizon of 90 days OBP Capital has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding OBP Capital are expected to decrease at a much lower rate. During a bear market, however, OBP Capital is likely to outperform the market. Additionally OBP Capital has an alpha of 0.0326, implying that it can generate a 0.0326 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OBP Capital Price Density |
| Price |
Predictive Modules for OBP Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OBP Capital. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OBP Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
OBP Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OBP Capital is not an exception. The market had few large corrections towards the OBP Capital'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 OBP Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OBP Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.01 |
OBP Capital 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 OBP Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OBP Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OBP Capital is not yet fully synchronised with the market data | |
| The fund keeps all of its net assets in stocks |
OBP Capital 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 OBP Etf often depends not only on the future outlook of the current and potential OBP Capital'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. OBP Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 460 | |
| Average Daily Volume In Three Month | 1.66k |
OBP Capital Technical Analysis
OBP Capital's future price can be derived by breaking down and analyzing its technical indicators over time. OBP Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OBP Capital. In general, you should focus on analyzing OBP Etf price patterns and their correlations with different microeconomic environments and drivers.
OBP Capital Predictive Forecast Models
OBP Capital's time-series forecasting models is one of many OBP Capital'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 OBP Capital'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 OBP Capital
Checking the ongoing alerts about OBP Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OBP Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OBP Capital is not yet fully synchronised with the market data | |
| The fund keeps all of its net assets in stocks |
Check out World Market Map 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 unemployment. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of OBP Capital is measured differently than its book value, which is the value of OBP that is recorded on the company's balance sheet. Investors also form their own opinion of OBP Capital's value that differs from its market value or its book value, called intrinsic value, which is OBP Capital'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 OBP Capital's market value can be influenced by many factors that don't directly affect OBP Capital'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 OBP Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if OBP Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OBP Capital'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.