KraneShares ICBCCS Etf Forward View - Simple Moving Average

CHIP Etf   11.93  0.05  0.42%   
KraneShares Etf outlook is based on your current time horizon.
At the present time, the relative strength momentum indicator of KraneShares ICBCCS's share price is approaching 37 suggesting 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 KraneShares ICBCCS, making its price go up or down.

Momentum 37

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of KraneShares ICBCCS's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of KraneShares ICBCCS and does not consider all of the tangible or intangible factors available from KraneShares ICBCCS's fundamental data. We analyze noise-free headlines and recent hype associated with KraneShares ICBCCS SP, which may create opportunities for some arbitrage if properly timed.
Using KraneShares ICBCCS hype-based prediction, you can estimate the value of KraneShares ICBCCS SP from the perspective of KraneShares ICBCCS response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of KraneShares ICBCCS SP on the next trading day is expected to be 11.93 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.86.

KraneShares ICBCCS after-hype prediction price

    
  GBX 11.92  
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 KraneShares ICBCCS to cross-verify your projections.

KraneShares ICBCCS Additional Predictive Modules

Most predictive techniques to examine KraneShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for KraneShares using various technical indicators. When you analyze KraneShares 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.
A two period moving average forecast for KraneShares ICBCCS is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

KraneShares ICBCCS Simple Moving Average Price Forecast For the 25th of February

Given 90 days horizon, the Simple Moving Average forecasted value of KraneShares ICBCCS SP on the next trading day is expected to be 11.93 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.86.
Please note that although there have been many attempts to predict KraneShares 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 KraneShares ICBCCS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KraneShares ICBCCS Etf Forecast Pattern

Backtest KraneShares ICBCCS  KraneShares ICBCCS Price Prediction  Research Analysis  

KraneShares ICBCCS Forecasted Value

In the context of forecasting KraneShares ICBCCS'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. KraneShares ICBCCS's downside and upside margins for the forecasting period are 11.11 and 12.75, respectively. We have considered KraneShares ICBCCS'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.
Market Value
11.93
11.93
Expected Value
12.75
Upside

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 KraneShares ICBCCS etf data series using in forecasting. Note that when a statistical model is used to represent KraneShares ICBCCS 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.
AICAkaike Information Criteria111.6639
BiasArithmetic mean of the errors -0.0114
MADMean absolute deviation0.0811
MAPEMean absolute percentage error0.0069
SAESum of the absolute errors4.865
The simple moving average model is conceptually a linear regression of the current value of KraneShares ICBCCS SP price series against current and previous (unobserved) value of KraneShares ICBCCS. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for KraneShares ICBCCS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KraneShares ICBCCS. 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.
Hype
Prediction
LowEstimatedHigh
11.1011.9212.74
Details
Intrinsic
Valuation
LowRealHigh
11.0611.8812.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.2211.8111.97
Details

KraneShares ICBCCS After-Hype Price Density Analysis

As far as predicting the price of KraneShares ICBCCS 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 KraneShares ICBCCS 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 KraneShares ICBCCS, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

KraneShares ICBCCS Estimiated After-Hype Price Volatility

In the context of predicting KraneShares ICBCCS's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on KraneShares ICBCCS's historical news coverage. KraneShares ICBCCS's after-hype downside and upside margins for the prediction period are 11.10 and 12.74, respectively. We have considered KraneShares ICBCCS'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
11.93
11.92
After-hype Price
12.74
Upside
KraneShares ICBCCS is very steady at this time. Analysis and calculation of next after-hype price of KraneShares ICBCCS is based on 3 months time horizon.

KraneShares ICBCCS Etf Price Outlook Analysis

Have you ever been surprised when a price of a ETF such as KraneShares ICBCCS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KraneShares ICBCCS 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 KraneShares ICBCCS, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
0.82
  0.01 
  2.38 
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.93
11.92
0.08 
820.00  
Notes

KraneShares ICBCCS Hype Timeline

KraneShares ICBCCS is currently traded for 11.93on London Exchange of UK. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 2.38. KraneShares is projected to decline in value after the next headline, with the price expected to drop to 11.92. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.08%, whereas the daily expected return is currently at 0.06%. The volatility of related hype on KraneShares ICBCCS is about 2.07%, with the expected price after the next announcement by competition of 14.31. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in about 6 days.
Check out Historical Fundamental Analysis of KraneShares ICBCCS to cross-verify your projections.

KraneShares ICBCCS Related Hype Analysis

Having access to credible news sources related to KraneShares ICBCCS's direct competition is more important than ever and may enhance your ability to predict KraneShares ICBCCS's future price movements. Getting to know how KraneShares ICBCCS'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 KraneShares ICBCCS may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
3LRRGraniteShares 3x Long 0.00 0 per month 4.69  0.16  9.78 (7.50) 18.14 
NVD2Leverage Shares 2x 0.00 0 per month 4.28  0.01  6.87 (6.27) 17.50 
3LBAGraniteShares 3x Long 250.00 2 per month 4.76  0.15  10.48 (8.92) 25.83 
3BALWisdomTree EURO STOXX 121.00 1 per month 3.44  0.17  5.62 (5.15) 16.42 
NVD3Leverage Shares 3x 0.00 0 per month 6.38  0.01  9.66 (9.59) 27.53 
3NVDLeverage Shares 3x 250.00 2 per month 6.72  0  9.80 (10.29) 27.48 
3LNVGraniteShares 3x Long 0.00 0 per month 6.28  0.01  9.79 (9.44) 25.12 
3LVPGraniteShares 3x Long 0.00 0 per month 6.67 (0) 9.69 (9.70) 26.52 
3LLLGraniteShares 3x Long(225.00)8 per month 3.92  0.15  8.18 (5.13) 27.17 
3GOLWisdomTree Gold 3x 0.00 0 per month 5.71  0.17  9.02 (7.63) 31.70 

Other Forecasting Options for KraneShares ICBCCS

For every potential investor in KraneShares, whether a beginner or expert, KraneShares ICBCCS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KraneShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KraneShares. Basic forecasting techniques help filter out the noise by identifying KraneShares ICBCCS's price trends.

KraneShares ICBCCS 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 KraneShares ICBCCS etf to make a market-neutral strategy. Peer analysis of KraneShares ICBCCS could also be used in its relative valuation, which is a method of valuing KraneShares ICBCCS by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

KraneShares ICBCCS Market Strength Events

Market strength indicators help investors to evaluate how KraneShares ICBCCS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KraneShares ICBCCS shares will generate the highest return on investment. By undertsting and applying KraneShares ICBCCS etf market strength indicators, traders can identify KraneShares ICBCCS SP entry and exit signals to maximize returns.

KraneShares ICBCCS Risk Indicators

The analysis of KraneShares ICBCCS'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 KraneShares ICBCCS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kraneshares 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.
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 KraneShares ICBCCS

The number of cover stories for KraneShares ICBCCS depends on current market conditions and KraneShares ICBCCS's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that KraneShares ICBCCS 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 KraneShares ICBCCS'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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Other Information on Investing in KraneShares Etf

KraneShares ICBCCS financial ratios help investors to determine whether KraneShares 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 KraneShares with respect to the benefits of owning KraneShares ICBCCS security.