Ellington Residential Stock Forecast - Naive Prediction

EARN Stock  USD 5.59  0.03  0.53%   
The Naive Prediction forecasted value of Ellington Residential Mortgage on the next trading day is expected to be 5.57 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.39. Ellington Stock Forecast is based on your current time horizon.
The value of RSI of Ellington Residential's stock price is about 61 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Ellington, making its price go up or down.

Momentum 61

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Ellington Residential's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ellington Residential Mortgage, which may create opportunities for some arbitrage if properly timed.
Using Ellington Residential hype-based prediction, you can estimate the value of Ellington Residential Mortgage from the perspective of Ellington Residential response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Ellington Residential Mortgage on the next trading day is expected to be 5.57 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.39.

Ellington Residential after-hype prediction price

    
  USD 5.59  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Ellington Residential to cross-verify your projections.

Ellington Residential Additional Predictive Modules

Most predictive techniques to examine Ellington price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ellington using various technical indicators. When you analyze Ellington 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 naive forecasting model for Ellington Residential is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ellington Residential Mortgage value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Ellington Residential Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Ellington Residential Mortgage on the next trading day is expected to be 5.57 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.39.
Please note that although there have been many attempts to predict Ellington Stock 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 Ellington Residential's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ellington Residential Stock Forecast Pattern

Backtest Ellington ResidentialEllington Residential Price PredictionBuy or Sell Advice 

Ellington Residential Forecasted Value

In the context of forecasting Ellington Residential's Stock 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. Ellington Residential's downside and upside margins for the forecasting period are 4.25 and 6.88, respectively. We have considered Ellington Residential'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
5.59
5.57
Expected Value
6.88
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Ellington Residential stock data series using in forecasting. Note that when a statistical model is used to represent Ellington Residential stock, 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 Criteria114.6708
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0548
MAPEMean absolute percentage error0.0106
SAESum of the absolute errors3.3946
This model is not at all useful as a medium-long range forecasting tool of Ellington Residential Mortgage. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Ellington Residential. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Ellington Residential

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ellington Residential. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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
4.295.596.89
Details
Intrinsic
Valuation
LowRealHigh
4.135.436.73
Details

Ellington Residential After-Hype Price Prediction Density Analysis

As far as predicting the price of Ellington Residential 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 Ellington Residential 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 Stock prices, such as prices of Ellington Residential, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Ellington Residential Estimiated After-Hype Price Volatility

In the context of predicting Ellington Residential's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ellington Residential's historical news coverage. Ellington Residential's after-hype downside and upside margins for the prediction period are 4.29 and 6.89, respectively. We have considered Ellington Residential'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
5.59
5.59
After-hype Price
6.89
Upside
Ellington Residential is not too volatile at this time. Analysis and calculation of next after-hype price of Ellington Residential is based on 3 months time horizon.

Ellington Residential Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Ellington Residential is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ellington Residential 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 Stock 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 Ellington Residential, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
1.31
  0.07 
  0.02 
9 Events / Month
3 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
5.59
5.59
0.00 
319.51  
Notes

Ellington Residential Hype Timeline

Ellington Residential is currently traded for 5.59. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of 0.02. Ellington 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 currently at 0.16%. %. The volatility of related hype on Ellington Residential is about 1336.73%, with the expected price after the next announcement by competition of 5.61. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ellington Residential last dividend was issued on the 30th of January 2026. Given the investment horizon of 90 days the next projected press release will be in about 9 days.
Check out Historical Fundamental Analysis of Ellington Residential to cross-verify your projections.

Ellington Residential Related Hype Analysis

Having access to credible news sources related to Ellington Residential's direct competition is more important than ever and may enhance your ability to predict Ellington Residential's future price movements. Getting to know how Ellington Residential'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 Ellington Residential 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
SWKHSWK Holdings Corp 0.20 15 per month 0.80  0.01  1.59 (1.05) 9.41 
MPVBarings Participation Investors 0.00 0 per month 1.98 (0.02) 2.69 (3.22) 9.22 
INVInnventure 0.00 0 per month 7.43  0.06  17.85 (12.34) 43.34 
MCGAUMCGAU 0.00 0 per month 0.00 (0.54) 0.39 (0.57) 1.79 
MCGAMCGA 0.00 0 per month 0.00 (0.55) 0.20 (0.58) 1.45 
NOAHNoah Holdings 0.41 15 per month 1.45 (0.04) 3.22 (2.20) 8.29 
OXSQOxford Square Capital(0.04)9 per month 1.24  0.05  3.87 (2.20) 8.59 
SOCASolarius Capital Acquisition 0.00 0 per month 0.00 (0.80) 0.20 (0.10) 0.79 
EFSIEagle Financial Services 0.41 9 per month 0.87  0.04  2.36 (1.47) 5.22 
STEXStreamex Corp 0.00 0 per month 0.00 (0.1) 10.99 (8.27) 22.87 

Other Forecasting Options for Ellington Residential

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

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

Ellington Residential Market Strength Events

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

Ellington Residential Risk Indicators

The analysis of Ellington Residential'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 Ellington Residential's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ellington stock 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 Ellington Residential

The number of cover stories for Ellington Residential depends on current market conditions and Ellington Residential's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ellington Residential 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 Ellington Residential's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Ellington Residential Short Properties

Ellington Residential's future price predictability will typically decrease when Ellington Residential's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ellington Residential Mortgage often depends not only on the future outlook of the potential Ellington Residential's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ellington Residential's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding27.2 M
Cash And Short Term Investments31.8 M
When determining whether Ellington Residential offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Residential's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Residential Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Residential Mortgage Stock:
Check out Historical Fundamental Analysis of Ellington Residential to cross-verify your projections.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Residential. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ellington Residential is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential'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 Ellington Residential's market value can be influenced by many factors that don't directly affect Ellington Residential'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 Ellington Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential'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.