WIG 30 (Poland) Chance of Future Index Price Finishing Over 2,811
WIG30 Index | 2,814 21.50 0.77% |
WIG 30 Target Price Odds to finish over 2,811
The tendency of WIG Index 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 move above the current price in 90 days |
2,814 | 90 days | 2,814 | about 90.74 |
Based on a normal probability distribution, the odds of WIG 30 to move above the current price in 90 days from now is about 90.74 (This WIG 30 probability density function shows the probability of WIG Index to fall within a particular range of prices over 90 days) .
WIG 30 Price Density |
Price |
Predictive Modules for WIG 30
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WIG 30. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.WIG 30 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WIG 30 is not an exception. The market had few large corrections towards the WIG 30'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 WIG 30, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WIG 30 within the framework of very fundamental risk indicators.WIG 30 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 WIG 30 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WIG 30 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.WIG 30 generated a negative expected return over the last 90 days |
WIG 30 Technical Analysis
WIG 30's future price can be derived by breaking down and analyzing its technical indicators over time. WIG Index technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WIG 30. In general, you should focus on analyzing WIG Index price patterns and their correlations with different microeconomic environments and drivers.
WIG 30 Predictive Forecast Models
WIG 30's time-series forecasting models is one of many WIG 30's index 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 WIG 30'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 index market movement and maximize returns from investment trading.
Things to note about WIG 30
Checking the ongoing alerts about WIG 30 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WIG 30 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
WIG 30 generated a negative expected return over the last 90 days |