Teucrium Corn ETF Forward View - 20 Period Moving Average
| CORN ETF | USD 18.33 -0.11 -0.60% |
This 20 Period Moving Average projection for Teucrium Corn is fitted to the equity's recent daily closes. Low error metrics relative to the price level indicate the model fits recent trading behavior well. Older observations carry less weight in the current projection as the price series extends. High SAE relative to the price level signals cumulative forecast drift over the evaluation period. The 20 Period Moving Average model projects Teucrium Corn at 18.34 for the next trading day, above the most recent closing price. This forecast is one analytical input among many and should be assessed in the context of broader analysis.
20 Period Moving Average Price Forecast For the 8th of May
Over a 90-day horizon, the 20 Period Moving Average model forecasts Teucrium Corn at 18.34 for the next trading day, with a mean absolute deviation of 0.42 , mean absolute percentage error of 0.02 , and sum of absolute errors of 17.06 .This represents a tight forecast with good short-term tracking of Teucrium Corn's price movement. This output is intended for short-term analytical reference.
ETF Forecast Pattern
| Backtest Teucrium Corn | Teucrium Corn Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast range for Teucrium Corn defines statistically derived downside and upside boundaries based on model performance. The forecast band spans 17.37 to 19.31. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 20 Period Moving Average model's error metrics for Teucrium Corn ETF. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 79.9053 |
| Bias | Arithmetic mean of the errors | -0.1573 |
| MAD | Mean absolute deviation | 0.4161 |
| MAPE | Mean absolute percentage error | 0.0225 |
| SAE | Sum of the absolute errors | 17.0605 |
Other Forecasting Options for Teucrium Corn
Fibonacci retracement levels applied to Teucrium Corn ETF price swings identify potential support and resistance zones. Extreme price moves in Teucrium Corn occur more frequently than standard risk models assume. Support and resistance levels derived from Teucrium Corn's historical data identify zones where buying or selling pressure has stalled moves. A volume spike without a corresponding price move signals accumulation or distribution ahead of a directional breakout.Teucrium Corn Related Equities
Investors studying Teucrium Corn often look at related stocks within the Commodities Focused space to gauge pricing and results. Growth rate gaps between Teucrium Corn and its peers often explain pricing differences in the market. Peer pricing is more meaningful when the firms compared share similar business models and end markets. These links can also guide portfolio spreading choices within the sector.
| Risk & Return | Correlation |
Teucrium Corn Market Strength Events
Rate of Change and Momentum readings for Teucrium Corn measure the velocity of recent price moves rather than direction alone. These indicators add context to how recent sessions in Teucrium Corn have behaved. These indicators are most informative when viewed alongside Teucrium Corn's volume profile and volatility measures. The Price Action Indicator distills each session's open-high-low-close into a single directional score for Teucrium Corn.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 18.33 | |||
| Day Typical Price | 18.33 | |||
| Price Action Indicator | -0.06 | |||
| Period Momentum Indicator | -0.11 | |||
| Relative Strength Index | 51.78 |
Teucrium Corn Risk Indicators
Standard deviation and variance for Teucrium Corn measure total price dispersion, while semi-deviation isolates only the downside moves. Higher variance relative to sector peers signals that Teucrium Corn's price path has been less predictable over the measured period. Analyzing Teucrium Corn's risk indicators helps explain how recent moves compare with its broader trading range. A narrow gap between mean deviation and standard deviation indicates that Teucrium Corn's return distribution is relatively symmetric.
| Mean Deviation | 0.6942 | |||
| Semi Deviation | 0.7599 | |||
| Standard Deviation | 0.9095 | |||
| Variance | 0.8272 | |||
| Downside Variance | 0.8676 | |||
| Semi Variance | 0.5774 | |||
| Expected Short fall | -0.78 |
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.