IndexIQ Active Etf Forecast - 4 Period Moving Average

ESGB Etf  USD 21.03  0.01  0.05%   
The 4 Period Moving Average forecasted value of IndexIQ Active ETF on the next trading day is expected to be 21.03 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.50. IndexIQ Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast IndexIQ Active stock prices and determine the direction of IndexIQ Active ETF's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of IndexIQ Active's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for IndexIQ Active ETF is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

IndexIQ Active 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of IndexIQ Active ETF on the next trading day is expected to be 21.03 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.50.
Please note that although there have been many attempts to predict IndexIQ 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 IndexIQ Active's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

IndexIQ Active Etf Forecast Pattern

Backtest IndexIQ ActiveIndexIQ Active Price PredictionBuy or Sell Advice 

IndexIQ Active Forecasted Value

In the context of forecasting IndexIQ Active'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. IndexIQ Active's downside and upside margins for the forecasting period are 20.79 and 21.28, respectively. We have considered IndexIQ Active'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
21.03
21.03
Expected Value
21.28
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of IndexIQ Active etf data series using in forecasting. Note that when a statistical model is used to represent IndexIQ Active 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 Criteria105.7427
BiasArithmetic mean of the errors 0.0168
MADMean absolute deviation0.0614
MAPEMean absolute percentage error0.0029
SAESum of the absolute errors3.4975
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of IndexIQ Active. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for IndexIQ Active ETF and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for IndexIQ Active

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IndexIQ Active ETF. 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
20.7921.0321.27
Details
Intrinsic
Valuation
LowRealHigh
20.8721.1121.35
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.0321.0321.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IndexIQ Active. Your research has to be compared to or analyzed against IndexIQ Active's peers to derive any actionable benefits. When done correctly, IndexIQ Active's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in IndexIQ Active ETF.

Other Forecasting Options for IndexIQ Active

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

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

IndexIQ Active ETF Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of IndexIQ Active's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of IndexIQ Active's current price.

IndexIQ Active Market Strength Events

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

IndexIQ Active Risk Indicators

The analysis of IndexIQ Active'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 IndexIQ Active's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indexiq 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether IndexIQ Active ETF is a strong investment it is important to analyze IndexIQ Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IndexIQ Active's future performance. For an informed investment choice regarding IndexIQ Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of IndexIQ Active to cross-verify your projections.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of IndexIQ Active ETF is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ Active's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ Active'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 IndexIQ Active's market value can be influenced by many factors that don't directly affect IndexIQ Active'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 IndexIQ Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ Active'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.