Inovalon Holdings Etf Probability of Future Etf Price Finishing Over 27.7
| INOV Etf | USD 28.27 0.04 0.14% |
Inovalon |
Inovalon Holdings Target Price Odds to finish over 27.7
The tendency of Inovalon 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 above $ 27.70 in 90 days |
| 28.27 | 90 days | 27.70 | about 51.33 |
Based on a normal probability distribution, the odds of Inovalon Holdings to stay above $ 27.70 in 90 days from now is about 51.33 (This Inovalon Holdings probability density function shows the probability of Inovalon Etf to fall within a particular range of prices over 90 days) . Probability of Inovalon Holdings price to stay between $ 27.70 and its current price of $28.27 at the end of the 90-day period is about 48.23 .
Given the investment horizon of 90 days Inovalon Holdings has a beta of 0.51. This usually indicates as returns on the market go up, Inovalon Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Inovalon Holdings will be expected to be much smaller as well. Additionally Inovalon Holdings has an alpha of 0.0209, implying that it can generate a 0.0209 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Inovalon Holdings Price Density |
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Predictive Modules for Inovalon Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inovalon Holdings. 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 Inovalon Holdings' 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.
Inovalon Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Inovalon Holdings is not an exception. The market had few large corrections towards the Inovalon Holdings' 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 Inovalon Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Inovalon Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.51 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.03 |
Inovalon Holdings 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 Inovalon Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Inovalon Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 9165 shares by Green William D of Inovalon Holdings subject to Rule 16b-3 | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Inovalon Holdings Technical Analysis
Inovalon Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Inovalon Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Inovalon Holdings. In general, you should focus on analyzing Inovalon Etf price patterns and their correlations with different microeconomic environments and drivers.
Inovalon Holdings Predictive Forecast Models
Inovalon Holdings' time-series forecasting models is one of many Inovalon Holdings' 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 Inovalon Holdings' 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 Inovalon Holdings
Checking the ongoing alerts about Inovalon Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Inovalon Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 9165 shares by Green William D of Inovalon Holdings subject to Rule 16b-3 | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Inovalon Holdings Backtesting, Portfolio Optimization, Inovalon Holdings Correlation, Inovalon Holdings Hype Analysis, Inovalon Holdings Volatility, Inovalon Holdings History as well as Inovalon Holdings Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Inovalon Holdings is measured differently than its book value, which is the value of Inovalon that is recorded on the company's balance sheet. Investors also form their own opinion of Inovalon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inovalon Holdings' 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 Inovalon Holdings' market value can be influenced by many factors that don't directly affect Inovalon Holdings' 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 Inovalon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inovalon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inovalon Holdings' 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.