Consumer Staples Select Etf Probability of Future Etf Price Finishing Over 73.72
| XLP Etf | USD 75.43 0.41 0.55% |
Closest to current price Consumer long CALL Option Payoff at Expiration
Consumer |
Consumer Staples Target Price Odds to finish over 73.72
The tendency of Consumer 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 $ 73.72 in 90 days |
| 75.43 | 90 days | 73.72 | about 71.57 |
Based on a normal probability distribution, the odds of Consumer Staples to stay above $ 73.72 in 90 days from now is about 71.57 (This Consumer Staples Select probability density function shows the probability of Consumer Etf to fall within a particular range of prices over 90 days) . Probability of Consumer Staples Select price to stay between $ 73.72 and its current price of $75.43 at the end of the 90-day period is about 53.94 .
Considering the 90-day investment horizon Consumer Staples has a beta of 0.0964. This entails as returns on the market go up, Consumer Staples average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Consumer Staples Select will be expected to be much smaller as well. Additionally Consumer Staples Select has an alpha of 0.0479, implying that it can generate a 0.0479 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Consumer Staples Price Density |
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Predictive Modules for Consumer Staples
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Consumer Staples Select. 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 Consumer Staples' 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.
Consumer Staples Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Consumer Staples is not an exception. The market had few large corrections towards the Consumer Staples' 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 Consumer Staples Select, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Consumer Staples within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | 0.1 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | 0.01 |
Consumer Staples 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 Consumer Staples for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Consumer Staples Select 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: XLP Not In The Spotlight Amid Market Uncertainty - Seeking Alpha | |
| The fund keeps 99.89% of its net assets in stocks |
Consumer Staples Technical Analysis
Consumer Staples' future price can be derived by breaking down and analyzing its technical indicators over time. Consumer Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Consumer Staples Select. In general, you should focus on analyzing Consumer Etf price patterns and their correlations with different microeconomic environments and drivers.
Consumer Staples Predictive Forecast Models
Consumer Staples' time-series forecasting models is one of many Consumer Staples' 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 Consumer Staples' 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 Consumer Staples Select
Checking the ongoing alerts about Consumer Staples for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Consumer Staples Select 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: XLP Not In The Spotlight Amid Market Uncertainty - Seeking Alpha | |
| The fund keeps 99.89% of its net assets in stocks |
Check out Consumer Staples Backtesting, Portfolio Optimization, Consumer Staples Correlation, Consumer Staples Hype Analysis, Consumer Staples Volatility, Consumer Staples History as well as Consumer Staples Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Consumer Staples Select is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Staples' value that differs from its market value or its book value, called intrinsic value, which is Consumer Staples' 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 Consumer Staples' market value can be influenced by many factors that don't directly affect Consumer Staples' 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 Consumer Staples' value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Staples is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Staples' 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.