EGPT Etf Forecast - Downside Variance
| EGPT Etf | USD 19.04 0.18 0.95% |
EGPT Etf Forecast is based on your current time horizon.
EGPT |
| Check EGPT Volatility | Backtest EGPT | Trend Details |
EGPT Trading Date Momentum
| On December 12 2024 EGPT was traded for 19.04 at the closing time. The top price for the day was 19.04 and the lowest listed price was 18.76 . There was no trading activity during the period 0.0. Lack of trading volume on December 12, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.95% . |
EGPT Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EGPT etf to make a market-neutral strategy. Peer analysis of EGPT could also be used in its relative valuation, which is a method of valuing EGPT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EGPT Market Strength Events
Market strength indicators help investors to evaluate how EGPT etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EGPT shares will generate the highest return on investment. By undertsting and applying EGPT etf market strength indicators, traders can identify EGPT entry and exit signals to maximize returns.
EGPT Risk Indicators
The analysis of EGPT's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EGPT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting egpt etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8485 | |||
| Semi Deviation | 0.9419 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.8871 | |||
| Expected Short fall | (1.02) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities 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 american community survey. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of EGPT is measured differently than its book value, which is the value of EGPT that is recorded on the company's balance sheet. Investors also form their own opinion of EGPT's value that differs from its market value or its book value, called intrinsic value, which is EGPT'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 EGPT's market value can be influenced by many factors that don't directly affect EGPT'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 EGPT's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGPT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGPT'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.