Dga Absolute Return Etf Probability of Future Etf Price Finishing Under 21.64
| HF Etf | USD 21.91 0.15 0.69% |
DGA |
DGA Absolute Target Price Odds to finish below 21.64
The tendency of DGA 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 drop to $ 21.64 or more in 90 days |
| 21.91 | 90 days | 21.64 | about 38.45 |
Based on a normal probability distribution, the odds of DGA Absolute to drop to $ 21.64 or more in 90 days from now is about 38.45 (This DGA Absolute Return probability density function shows the probability of DGA Etf to fall within a particular range of prices over 90 days) . Probability of DGA Absolute Return price to stay between $ 21.64 and its current price of $21.91 at the end of the 90-day period is about 29.1 .
Allowing for the 90-day total investment horizon DGA Absolute has a beta of 0.79. This usually indicates as returns on the market go up, DGA Absolute average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DGA Absolute Return will be expected to be much smaller as well. Additionally DGA Absolute Return has an alpha of 0.024, implying that it can generate a 0.024 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). DGA Absolute Price Density |
| Price |
Predictive Modules for DGA Absolute
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DGA Absolute Return. 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 DGA Absolute'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.
DGA Absolute Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DGA Absolute is not an exception. The market had few large corrections towards the DGA Absolute'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 DGA Absolute Return, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DGA Absolute within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.79 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | 0.01 |
DGA Absolute 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 DGA Absolute for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DGA Absolute Return can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DGA Absolute Return has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments | |
| Latest headline from businesswire.com: HF Fund LP UK Regulatory Announcement Form 8.3 - HIPGNOSIS SONGS FUND LIMITED | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
DGA Absolute Technical Analysis
DGA Absolute's future price can be derived by breaking down and analyzing its technical indicators over time. DGA Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DGA Absolute Return. In general, you should focus on analyzing DGA Etf price patterns and their correlations with different microeconomic environments and drivers.
DGA Absolute Predictive Forecast Models
DGA Absolute's time-series forecasting models is one of many DGA Absolute'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 DGA Absolute'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 DGA Absolute Return
Checking the ongoing alerts about DGA Absolute for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DGA Absolute Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DGA Absolute Return has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments | |
| Latest headline from businesswire.com: HF Fund LP UK Regulatory Announcement Form 8.3 - HIPGNOSIS SONGS FUND LIMITED | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out DGA Absolute Backtesting, Portfolio Optimization, DGA Absolute Correlation, DGA Absolute Hype Analysis, DGA Absolute Volatility, DGA Absolute History as well as DGA Absolute Performance. Note that the DGA Absolute Return information on this page should be used as a complementary analysis to other DGA Absolute's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of DGA Absolute Return is measured differently than its book value, which is the value of DGA that is recorded on the company's balance sheet. Investors also form their own opinion of DGA Absolute's value that differs from its market value or its book value, called intrinsic value, which is DGA Absolute'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 DGA Absolute's market value can be influenced by many factors that don't directly affect DGA Absolute'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 DGA Absolute's value and its price as these two are different measures arrived at by different means. Investors typically determine if DGA Absolute is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DGA Absolute'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.