ETRACS Monthly Etf Forecast - Simple Exponential Smoothing
| CEFD Etf | USD 19.28 0.18 0.94% |
The Simple Exponential Smoothing forecasted value of ETRACS Monthly Pay on the next trading day is expected to be 19.28 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.69. ETRACS Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ETRACS Monthly stock prices and determine the direction of ETRACS Monthly Pay's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ETRACS Monthly's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength momentum indicator of ETRACS Monthly's share price is at 57 suggesting that the etf is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling ETRACS Monthly, making its price go up or down. Momentum 57
Buy Extended
Oversold | Overbought |
Using ETRACS Monthly hype-based prediction, you can estimate the value of ETRACS Monthly Pay from the perspective of ETRACS Monthly response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of ETRACS Monthly Pay on the next trading day is expected to be 19.28 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.69. ETRACS Monthly after-hype prediction price | USD 19.28 |
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.
Check out Historical Fundamental Analysis of ETRACS Monthly to cross-verify your projections. ETRACS Monthly Additional Predictive Modules
Most predictive techniques to examine ETRACS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ETRACS using various technical indicators. When you analyze ETRACS 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 |
ETRACS Monthly Simple Exponential Smoothing Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ETRACS Monthly Pay on the next trading day is expected to be 19.28 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.69.Please note that although there have been many attempts to predict ETRACS 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 ETRACS Monthly's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ETRACS Monthly Etf Forecast Pattern
| Backtest ETRACS Monthly | ETRACS Monthly Price Prediction | Buy or Sell Advice |
ETRACS Monthly Forecasted Value
In the context of forecasting ETRACS Monthly'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. ETRACS Monthly's downside and upside margins for the forecasting period are 18.63 and 19.93, respectively. We have considered ETRACS Monthly'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ETRACS Monthly etf data series using in forecasting. Note that when a statistical model is used to represent ETRACS Monthly 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 | 112.0551 |
| Bias | Arithmetic mean of the errors | -0.0088 |
| MAD | Mean absolute deviation | 0.0948 |
| MAPE | Mean absolute percentage error | 0.0051 |
| SAE | Sum of the absolute errors | 5.69 |
Predictive Modules for ETRACS Monthly
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ETRACS Monthly Pay. 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.ETRACS Monthly After-Hype Price Prediction Density Analysis
As far as predicting the price of ETRACS Monthly 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 ETRACS Monthly 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 ETRACS Monthly, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ETRACS Monthly Estimiated After-Hype Price Volatility
In the context of predicting ETRACS Monthly's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ETRACS Monthly's historical news coverage. ETRACS Monthly's after-hype downside and upside margins for the prediction period are 18.63 and 19.93, respectively. We have considered ETRACS Monthly'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ETRACS Monthly is very steady at this time. Analysis and calculation of next after-hype price of ETRACS Monthly Pay is based on 3 months time horizon.
ETRACS Monthly Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as ETRACS Monthly is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ETRACS Monthly 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 ETRACS Monthly, 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 |
0.05 | 0.65 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
19.28 | 19.28 | 0.00 |
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ETRACS Monthly Hype Timeline
ETRACS Monthly Pay is currently traded for 19.28. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ETRACS is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.05%. %. The volatility of related hype on ETRACS Monthly is about 0.0%, with the expected price after the next announcement by competition of 19.28. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of ETRACS Monthly to cross-verify your projections.ETRACS Monthly Related Hype Analysis
Having access to credible news sources related to ETRACS Monthly's direct competition is more important than ever and may enhance your ability to predict ETRACS Monthly's future price movements. Getting to know how ETRACS Monthly'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 ETRACS Monthly may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BDCX | ETRACS Quarterly Pay | 0.00 | 0 per month | 1.42 | (0) | 2.64 | (2.26) | 6.82 | |
| SCDL | ETRACS 2x Leveraged | 0.00 | 0 per month | 0.95 | 0.11 | 3.07 | (2.14) | 5.63 | |
| SEF | ProShares Short Financials | 0.00 | 0 per month | 0.00 | (0.12) | 1.77 | (1.24) | 4.12 | |
| QQXL | ProShares Ultra QQQ | 0.00 | 0 per month | 2.56 | (0.05) | 3.20 | (4.20) | 10.49 | |
| DIVG | Invesco Exchange Traded | 0.00 | 0 per month | 0.61 | (0.05) | 1.45 | (1.19) | 3.19 | |
| MAPP | Harbor ETF Trust | 0.00 | 0 per month | 0.43 | (0.09) | 0.79 | (0.82) | 2.32 | |
| SETH | ProShares Trust | 0.00 | 0 per month | 4.19 | 0.06 | 7.86 | (7.46) | 18.76 | |
| MLDR | Global X Funds | 0.00 | 0 per month | 0.00 | (0.63) | 0.24 | (0.24) | 0.77 | |
| DMAT | Global X Disruptive | 0.00 | 0 per month | 1.57 | 0.22 | 3.08 | (2.96) | 7.36 | |
| GGRW | Gabelli ETFs Trust | 0.00 | 0 per month | 0.00 | (0.14) | 1.13 | (1.74) | 4.77 |
Other Forecasting Options for ETRACS Monthly
For every potential investor in ETRACS, whether a beginner or expert, ETRACS Monthly's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ETRACS Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ETRACS. Basic forecasting techniques help filter out the noise by identifying ETRACS Monthly's price trends.ETRACS Monthly 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 ETRACS Monthly etf to make a market-neutral strategy. Peer analysis of ETRACS Monthly could also be used in its relative valuation, which is a method of valuing ETRACS Monthly by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ETRACS Monthly Market Strength Events
Market strength indicators help investors to evaluate how ETRACS Monthly etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETRACS Monthly shares will generate the highest return on investment. By undertsting and applying ETRACS Monthly etf market strength indicators, traders can identify ETRACS Monthly Pay entry and exit signals to maximize returns.
ETRACS Monthly Risk Indicators
The analysis of ETRACS Monthly'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 ETRACS Monthly's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting etracs 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 | 0.4981 | |||
| Semi Deviation | 0.5787 | |||
| Standard Deviation | 0.6471 | |||
| Variance | 0.4187 | |||
| Downside Variance | 0.4803 | |||
| Semi Variance | 0.3349 | |||
| Expected Short fall | (0.55) |
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 ETRACS Monthly
The number of cover stories for ETRACS Monthly depends on current market conditions and ETRACS Monthly's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ETRACS Monthly 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 ETRACS Monthly'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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Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Check out Historical Fundamental Analysis of ETRACS Monthly to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly's 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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly's 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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly's 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.