Amundi STOXX Etf Forward View - Double Exponential Smoothing
| EDFS Etf | 6.28 0.02 0.32% |
Amundi Etf outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Amundi STOXX stock prices and determine the direction of Amundi STOXX Europe's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Amundi STOXX's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the relative strength momentum indicator of Amundi STOXX's share price is below 20 suggesting that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Amundi STOXX hype-based prediction, you can estimate the value of Amundi STOXX Europe from the perspective of Amundi STOXX response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Amundi STOXX Europe on the next trading day is expected to be 6.29 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.81. Amundi STOXX after-hype prediction price | EUR 6.29 |
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.
Amundi |
Amundi STOXX Additional Predictive Modules
Most predictive techniques to examine Amundi price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Amundi using various technical indicators. When you analyze Amundi 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Amundi STOXX Double Exponential Smoothing Price Forecast For the 19th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Amundi STOXX Europe on the next trading day is expected to be 6.29 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.81.Please note that although there have been many attempts to predict Amundi 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 Amundi STOXX's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Amundi STOXX Etf Forecast Pattern
| Backtest Amundi STOXX | Amundi STOXX Price Prediction | Research Analysis |
Amundi STOXX Forecasted Value
In the context of forecasting Amundi STOXX'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. Amundi STOXX's downside and upside margins for the forecasting period are 4.56 and 8.02, respectively. We have considered Amundi STOXX'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Amundi STOXX etf data series using in forecasting. Note that when a statistical model is used to represent Amundi STOXX 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0096 |
| MAD | Mean absolute deviation | 0.0815 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 4.8076 |
Predictive Modules for Amundi STOXX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amundi STOXX Europe. 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.Amundi STOXX After-Hype Price Density Analysis
As far as predicting the price of Amundi STOXX 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 Amundi STOXX 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 Amundi STOXX, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Amundi STOXX Estimiated After-Hype Price Volatility
In the context of predicting Amundi STOXX's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Amundi STOXX's historical news coverage. Amundi STOXX's after-hype downside and upside margins for the prediction period are 4.57 and 8.01, respectively. We have considered Amundi STOXX'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
Amundi STOXX is somewhat reliable at this time. Analysis and calculation of next after-hype price of Amundi STOXX Europe is based on 3 months time horizon.
Amundi STOXX Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Amundi STOXX is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Amundi STOXX 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 Amundi STOXX, 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 |
0.20 | 1.73 | 0.01 | 0.04 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
6.28 | 6.29 | 0.16 |
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Amundi STOXX Hype Timeline
Amundi STOXX Europe is currently traded for 6.28on XETRA Stock Exchange of Germany. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.04. Amundi is projected to increase in value after the next headline, with the price projected to jump to 6.29 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.16%, whereas the daily expected return is currently at 0.2%. The volatility of related hype on Amundi STOXX is about 786.36%, with the expected price after the next announcement by competition of 6.24. Assuming the 90 days trading horizon the next projected press release will be very soon. Check out Historical Fundamental Analysis of Amundi STOXX to cross-verify your projections.Amundi STOXX Related Hype Analysis
Having access to credible news sources related to Amundi STOXX's direct competition is more important than ever and may enhance your ability to predict Amundi STOXX's future price movements. Getting to know how Amundi STOXX'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 Amundi STOXX may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EABE | Amundi MSCI Europe | (0.74) | 2 per month | 0.51 | 0.06 | 1.08 | (0.83) | 2.89 | |
| MWOQ | Amundi SP 500 | 0.00 | 0 per month | 0.37 | 0.09 | 1.07 | (0.85) | 2.78 | |
| FRNU | Amundi Index Solutions | (0.60) | 1 per month | 0.00 | (0.22) | 0.40 | (0.70) | 1.67 | |
| GCRE | Amundi Global Corporate | 0.00 | 0 per month | 0.00 | (0.18) | 0.44 | (0.78) | 1.37 | |
| C051 | Amundi Euro Stoxx | 0.26 | 2 per month | 0.72 | 0.07 | 1.19 | (1.12) | 3.30 | |
| AMEC | Amundi Index Solutions | (0.94) | 2 per month | 0.80 | 0.05 | 1.66 | (1.57) | 3.42 | |
| 10AH | Amundi Index Solutions | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 10AB | Amundi Index Solutions | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EDFS | Amundi STOXX Europe | 0.04 | 1 per month | 1.66 | 0.04 | 2.65 | (2.77) | 7.73 |
Other Forecasting Options for Amundi STOXX
For every potential investor in Amundi, whether a beginner or expert, Amundi STOXX's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amundi Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amundi. Basic forecasting techniques help filter out the noise by identifying Amundi STOXX's price trends.Amundi STOXX 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 Amundi STOXX etf to make a market-neutral strategy. Peer analysis of Amundi STOXX could also be used in its relative valuation, which is a method of valuing Amundi STOXX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amundi STOXX Market Strength Events
Market strength indicators help investors to evaluate how Amundi STOXX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amundi STOXX shares will generate the highest return on investment. By undertsting and applying Amundi STOXX etf market strength indicators, traders can identify Amundi STOXX Europe entry and exit signals to maximize returns.
Amundi STOXX Risk Indicators
The analysis of Amundi STOXX'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 Amundi STOXX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amundi 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 | 1.33 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.93 | |||
| Downside Variance | 3.09 | |||
| Semi Variance | 2.75 | |||
| Expected Short fall | (1.35) |
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 Amundi STOXX
The number of cover stories for Amundi STOXX depends on current market conditions and Amundi STOXX's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Amundi STOXX 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 Amundi STOXX'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 Amundi Etf
Amundi STOXX financial ratios help investors to determine whether Amundi 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 Amundi with respect to the benefits of owning Amundi STOXX security.