Altus Power Etf Forecast - 8 Period Moving Average
| AMPS Etf | USD 3.85 0.00 0.00% |
The 8 Period Moving Average forecasted value of Altus Power on the next trading day is expected to be 3.75 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 14.03. Altus Etf Forecast is based on your current time horizon.
Altus |
Open Interest Against 2025-03-21 Altus Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Altus Power's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Altus Power's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Altus Power stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Altus Power's open interest, investors have to compare it to Altus Power's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Altus Power is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Altus. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Altus Power 8 Period Moving Average Price Forecast For the 25th of January
Given 90 days horizon, the 8 Period Moving Average forecasted value of Altus Power on the next trading day is expected to be 3.75 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.09, and the sum of the absolute errors of 14.03.Please note that although there have been many attempts to predict Altus Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Altus Power's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Altus Power Etf Forecast Pattern
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Altus Power Forecasted Value
In the context of forecasting Altus Power's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Altus Power's downside and upside margins for the forecasting period are 0.04 and 9.99, respectively. We have considered Altus Power's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Altus Power etf data series using in forecasting. Note that when a statistical model is used to represent Altus Power etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 101.0009 |
| Bias | Arithmetic mean of the errors | -0.0153 |
| MAD | Mean absolute deviation | 0.2647 |
| MAPE | Mean absolute percentage error | 0.0683 |
| SAE | Sum of the absolute errors | 14.0269 |
Predictive Modules for Altus Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altus Power. 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.Other Forecasting Options for Altus Power
For every potential investor in Altus, whether a beginner or expert, Altus Power's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altus Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altus. Basic forecasting techniques help filter out the noise by identifying Altus Power's price trends.Altus Power Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Altus Power etf to make a market-neutral strategy. Peer analysis of Altus Power could also be used in its relative valuation, which is a method of valuing Altus Power by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Altus Power Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Altus Power's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Altus Power's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Altus Power Market Strength Events
Market strength indicators help investors to evaluate how Altus Power etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altus Power shares will generate the highest return on investment. By undertsting and applying Altus Power etf market strength indicators, traders can identify Altus Power entry and exit signals to maximize returns.
| Accumulation Distribution | 0.15 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.57 | |||
| Day Typical Price | 3.66 | |||
| Market Facilitation Index | 0.56 | |||
| Price Action Indicator | 0.28 | |||
| Relative Strength Index | 51.27 |
Altus Power Risk Indicators
The analysis of Altus Power's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Altus Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altus etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.78 | |||
| Standard Deviation | 5.79 | |||
| Variance | 33.54 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Information on Investing in Altus Etf
Altus Power financial ratios help investors to determine whether Altus Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Power security.