New York Life Etf Odds of Future Etf Price Finishing Under 30.43
| HART Etf | USD 0.21 30.41 99.30% |
New York Target Price Odds to finish below 30.43
The tendency of New 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 under $ 30.43 after 90 days |
| 0.22 | 90 days | 30.43 | about 88.58 |
Based on a normal probability distribution, the odds of New York to stay under $ 30.43 after 90 days from now is about 88.58 (This New York Life probability density function shows the probability of New Etf to fall within a particular range of prices over 90 days) . Probability of New York Life price to stay between its current price of $ 0.22 and $ 30.43 at the end of the 90-day period is about 88.76 .
Given the investment horizon of 90 days New York has a beta of 0.13. This usually indicates as returns on the market go up, New York average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New York Life will be expected to be much smaller as well. Additionally New York Life has an alpha of 0.0521, implying that it can generate a 0.0521 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). New York Price Density |
| Price |
Predictive Modules for New York
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New York Life. 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.New York Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New York is not an exception. The market had few large corrections towards the New York'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 New York Life, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New York within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.0006 |
New York 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 New York for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New York Life can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New York Life is not yet fully synchronised with the market data | |
| New York Life has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 155 K. Net Loss for the year was (12.26 M) with profit before overhead, payroll, taxes, and interest of 45 K. | |
| New York Life currently holds about 8.2 M in cash with (7.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company shares are held by company insiders | |
| The fund retains 100.1% of its assets under management (AUM) in equities |
New York Technical Analysis
New York's future price can be derived by breaking down and analyzing its technical indicators over time. New Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New York Life. In general, you should focus on analyzing New Etf price patterns and their correlations with different microeconomic environments and drivers.
New York Predictive Forecast Models
New York's time-series forecasting models is one of many New York'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 New York'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 New York Life
Checking the ongoing alerts about New York for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New York Life help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New York Life is not yet fully synchronised with the market data | |
| New York Life has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 155 K. Net Loss for the year was (12.26 M) with profit before overhead, payroll, taxes, and interest of 45 K. | |
| New York Life currently holds about 8.2 M in cash with (7.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company shares are held by company insiders | |
| The fund retains 100.1% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis 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 employment. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of New York Life is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New York's value that differs from its market value or its book value, called intrinsic value, which is New York'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 New York's market value can be influenced by many factors that don't directly affect New York'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 New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New York'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.