AltShares Trust Etf Forward View - Simple Moving Average
| ARB Etf | USD 28.94 0.11 0.38% |
AltShares Etf outlook is based on your current time horizon. Investors can use this forecasting interface to forecast AltShares Trust stock prices and determine the direction of AltShares Trust 's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of AltShares Trust's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength momentum indicator of AltShares Trust's share price is approaching 45. This suggests that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling AltShares Trust, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Using AltShares Trust hype-based prediction, you can estimate the value of AltShares Trust from the perspective of AltShares Trust response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of AltShares Trust on the next trading day is expected to be 28.94 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.96. AltShares Trust after-hype prediction price | USD 29.07 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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AltShares Trust Additional Predictive Modules
Most predictive techniques to examine AltShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AltShares using various technical indicators. When you analyze AltShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AltShares Trust Simple Moving Average Price Forecast For the 4th of February
Given 90 days horizon, the Simple Moving Average forecasted value of AltShares Trust on the next trading day is expected to be 28.94 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.96.Please note that although there have been many attempts to predict AltShares Etf prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that AltShares Trust's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
AltShares Trust Etf Forecast Pattern
| Backtest AltShares Trust | AltShares Trust Price Prediction | Research Analysis |
AltShares Trust Forecasted Value
In the context of forecasting AltShares Trust'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. AltShares Trust's downside and upside margins for the forecasting period are 28.77 and 29.11, respectively. We have considered AltShares Trust'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of AltShares Trust etf data series using in forecasting. Note that when a statistical model is used to represent AltShares Trust 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 | 108.2073 |
| Bias | Arithmetic mean of the errors | -0.0019 |
| MAD | Mean absolute deviation | 0.0332 |
| MAPE | Mean absolute percentage error | 0.0011 |
| SAE | Sum of the absolute errors | 1.96 |
Predictive Modules for AltShares Trust
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AltShares Trust. 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.AltShares Trust After-Hype Price Density Analysis
As far as predicting the price of AltShares Trust at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in AltShares Trust or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of AltShares Trust, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
AltShares Trust Estimiated After-Hype Price Volatility
In the context of predicting AltShares Trust's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on AltShares Trust's historical news coverage. AltShares Trust's after-hype downside and upside margins for the prediction period are 28.90 and 29.24, respectively. We have considered AltShares Trust's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
AltShares Trust is very steady at this time. Analysis and calculation of next after-hype price of AltShares Trust is based on 3 months time horizon.
AltShares Trust Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as AltShares Trust is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AltShares Trust backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with AltShares Trust, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.17 | 0.00 | 0.00 | 9 Events / Month | 3 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
28.94 | 29.07 | 0.00 |
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AltShares Trust Hype Timeline
On the 3rd of February AltShares Trust is traded for 28.94. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. AltShares is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at 0.0%. %. The volatility of related hype on AltShares Trust is about 414.63%, with the expected price after the next announcement by competition of 28.94. About 99.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.08. AltShares Trust last dividend was issued on the September 12, 2013. Considering the 90-day investment horizon the next projected press release will be in about 9 days. Check out Historical Fundamental Analysis of AltShares Trust to cross-verify your projections.AltShares Trust Related Hype Analysis
Having access to credible news sources related to AltShares Trust's direct competition is more important than ever and may enhance your ability to predict AltShares Trust's future price movements. Getting to know how AltShares Trust's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how AltShares Trust may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EPRF | Innovator SP Investment | (0.02) | 2 per month | 0.00 | (0.16) | 0.62 | (0.78) | 2.20 | |
| XC | WisdomTree Emerging Markets | 0.01 | 7 per month | 0.51 | 0.04 | 1.07 | (0.84) | 2.02 | |
| INCE | Franklin Income Equity | (0.14) | 9 per month | 0.14 | 0.17 | 0.98 | (0.77) | 2.18 | |
| FCLD | Fidelity Covington Trust | 0.11 | 2 per month | 0.00 | (0.07) | 2.47 | (3.44) | 8.72 | |
| TYA | Simplify Exchange Traded | (0.01) | 2 per month | 0.00 | (0.17) | 0.80 | (1.03) | 2.71 | |
| TAXE | Intermediate Municipal Income | 0.02 | 1 per month | 0.00 | (0.36) | 0.16 | (0.12) | 0.51 | |
| HERD | Pacer Cash Cows | 0.11 | 5 per month | 0.49 | 0.1 | 1.30 | (0.91) | 2.90 | |
| DVOL | First Trust Dorsey | 0.24 | 3 per month | 0.65 | (0.02) | 1.04 | (0.97) | 3.76 | |
| SNOY | YieldMax SNOW Option | 0.08 | 2 per month | 0.00 | (0.20) | 3.08 | (4.16) | 11.92 | |
| EEMX | SPDR MSCI Emerging | 0.01 | 1 per month | 0.66 | 0.06 | 1.63 | (1.19) | 3.44 |
Other Forecasting Options for AltShares Trust
For every potential investor in AltShares, whether a beginner or expert, AltShares Trust's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AltShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AltShares. Basic forecasting techniques help filter out the noise by identifying AltShares Trust's price trends.AltShares Trust 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 AltShares Trust etf to make a market-neutral strategy. Peer analysis of AltShares Trust could also be used in its relative valuation, which is a method of valuing AltShares Trust by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AltShares Trust Market Strength Events
Market strength indicators help investors to evaluate how AltShares Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AltShares Trust shares will generate the highest return on investment. By undertsting and applying AltShares Trust etf market strength indicators, traders can identify AltShares Trust entry and exit signals to maximize returns.
AltShares Trust Risk Indicators
The analysis of AltShares Trust'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 AltShares Trust's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altshares 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 | 0.1161 | |||
| Semi Deviation | 0.1287 | |||
| Standard Deviation | 0.1656 | |||
| Variance | 0.0274 | |||
| Downside Variance | 0.0311 | |||
| Semi Variance | 0.0166 | |||
| Expected Short fall | (0.15) |
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.
Story Coverage note for AltShares Trust
The number of cover stories for AltShares Trust depends on current market conditions and AltShares Trust's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that AltShares Trust is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about AltShares Trust's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Historical Fundamental Analysis of AltShares Trust to cross-verify your projections. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Understanding AltShares Trust requires distinguishing between market price and book value, where the latter reflects AltShares's accounting equity. The concept of intrinsic value—what AltShares Trust's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push AltShares Trust's price substantially above or below its fundamental value.
Understanding that AltShares Trust's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AltShares Trust represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, AltShares Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.