Vaneck Oil Services Etf Probability of Future Etf Price Finishing Under 11.46

OIH Etf  USD 336.33  1.06  0.32%   
VanEck Oil's implied volatility is one of the determining factors in the pricing options written on VanEck Oil Services. Implied volatility approximates the future value of VanEck Oil based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in VanEck Oil Services over a specific time period. For example, 2024-04-05 CALL at $337.5 is a CALL option contract on VanEck Oil's common stock with a strick price of 337.5 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 13:55:27 for $3.51 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $3.2, and an ask price of $3.5. The implied volatility as of the 29th of March is 20.27. View All VanEck options

Closest to current price VanEck long CALL Option Payoff at Expiration

VanEck Oil's future price is the expected price of VanEck Oil instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of VanEck Oil Services performance during a given time horizon utilizing its historical volatility. Check out VanEck Oil Backtesting, Portfolio Optimization, VanEck Oil Correlation, VanEck Oil Hype Analysis, VanEck Oil Volatility, VanEck Oil History as well as VanEck Oil Performance.
  
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VanEck Oil Target Price Odds to finish below 11.46

The tendency of VanEck 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 PriceHorizonTarget PriceOdds to drop to $ 11.46  or more in 90 days
 336.33 90 days 11.46 
near 1
Based on a normal probability distribution, the odds of VanEck Oil to drop to $ 11.46  or more in 90 days from now is near 1 (This VanEck Oil Services probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Oil Services price to stay between $ 11.46  and its current price of $336.33 at the end of the 90-day period is about 98.0 .
Considering the 90-day investment horizon the etf has the beta coefficient of 1.19 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, VanEck Oil will likely underperform. Additionally VanEck Oil Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   VanEck Oil Price Density   
       Price  

Predictive Modules for VanEck Oil

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Oil Services. 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 VanEck Oil'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.
Hype
Prediction
LowEstimatedHigh
334.97336.33337.69
Details
Intrinsic
Valuation
LowRealHigh
328.25329.61369.96
Details
Naive
Forecast
LowNextHigh
330.00331.36332.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
289.95317.10344.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Oil. Your research has to be compared to or analyzed against VanEck Oil's peers to derive any actionable benefits. When done correctly, VanEck Oil's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in VanEck Oil Services.

VanEck Oil Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Oil is not an exception. The market had few large corrections towards the VanEck Oil'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 VanEck Oil Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Oil within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.04
β
Beta against NYSE Composite1.19
σ
Overall volatility
15.07
Ir
Information ratio -0.01

VanEck Oil 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 VanEck Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Oil Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Kingswood Wealth Advisors LLC Purchases 256 Shares of VanEck Oil Services ETF - Defense World
The fund generated-9.0 ten year return of -9.0%
VanEck Oil Services maintains 99.94% of its assets in stocks

VanEck Oil Technical Analysis

VanEck Oil's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Oil Services. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.

VanEck Oil Predictive Forecast Models

VanEck Oil's time-series forecasting models is one of many VanEck Oil'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 VanEck Oil'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 VanEck Oil Services

Checking the ongoing alerts about VanEck Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Oil Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Kingswood Wealth Advisors LLC Purchases 256 Shares of VanEck Oil Services ETF - Defense World
The fund generated-9.0 ten year return of -9.0%
VanEck Oil Services maintains 99.94% of its assets in stocks
When determining whether VanEck Oil Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Oil Services Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Oil Services Etf:
Check out VanEck Oil Backtesting, Portfolio Optimization, VanEck Oil Correlation, VanEck Oil Hype Analysis, VanEck Oil Volatility, VanEck Oil History as well as VanEck Oil Performance.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for VanEck Etf analysis

When running VanEck Oil's price analysis, check to measure VanEck Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VanEck Oil is operating at the current time. Most of VanEck Oil's value examination focuses on studying past and present price action to predict the probability of VanEck Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VanEck Oil's price. Additionally, you may evaluate how the addition of VanEck Oil to your portfolios can decrease your overall portfolio volatility.
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The market value of VanEck Oil Services is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 VanEck Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 VanEck Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.