3iQ Ether Etf Forward View - Simple Regression

ETHQ Etf  CAD 10.36  0.02  0.19%   
3iQ Etf outlook is based on your current time horizon.
The relative strength momentum indicator of 3iQ Ether's share price is below 30 as of today suggesting that the etf is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling 3iQ Ether Staking, making its price go up or down.

Momentum 27

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of 3iQ Ether's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with 3iQ Ether Staking, which may create opportunities for some arbitrage if properly timed.
Using 3iQ Ether hype-based prediction, you can estimate the value of 3iQ Ether Staking from the perspective of 3iQ Ether response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of 3iQ Ether Staking on the next trading day is expected to be 11.99 with a mean absolute deviation of 1.49 and the sum of the absolute errors of 91.13.

3iQ Ether after-hype prediction price

    
  CAD 10.2  
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 3iQ Ether to cross-verify your projections.

3iQ Ether Additional Predictive Modules

Most predictive techniques to examine 3iQ price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 3iQ using various technical indicators. When you analyze 3iQ 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through 3iQ Ether price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

3iQ Ether Simple Regression Price Forecast For the 21st of February

Given 90 days horizon, the Simple Regression forecasted value of 3iQ Ether Staking on the next trading day is expected to be 11.99 with a mean absolute deviation of 1.49, mean absolute percentage error of 2.98, and the sum of the absolute errors of 91.13.
Please note that although there have been many attempts to predict 3iQ 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 3iQ Ether's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

3iQ Ether Etf Forecast Pattern

Backtest 3iQ Ether  3iQ Ether Price Prediction  Research Analysis  

3iQ Ether Forecasted Value

In the context of forecasting 3iQ Ether'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. 3iQ Ether's downside and upside margins for the forecasting period are 7.45 and 16.53, respectively. We have considered 3iQ Ether'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
10.36
11.99
Expected Value
16.53
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of 3iQ Ether etf data series using in forecasting. Note that when a statistical model is used to represent 3iQ Ether 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 Criteria119.2023
BiasArithmetic mean of the errors None
MADMean absolute deviation1.494
MAPEMean absolute percentage error0.1044
SAESum of the absolute errors91.1316
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as 3iQ Ether Staking historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for 3iQ Ether

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 3iQ Ether Staking. 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
5.6610.2014.74
Details
Intrinsic
Valuation
LowRealHigh
5.5910.1314.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
3.9410.6117.28
Details

3iQ Ether After-Hype Price Density Analysis

As far as predicting the price of 3iQ Ether 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 3iQ Ether 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 3iQ Ether, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

3iQ Ether Estimiated After-Hype Price Volatility

In the context of predicting 3iQ Ether's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on 3iQ Ether's historical news coverage. 3iQ Ether's after-hype downside and upside margins for the prediction period are 5.66 and 14.74, respectively. We have considered 3iQ Ether'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
10.36
10.20
After-hype Price
14.74
Upside
3iQ Ether is slightly risky at this time. Analysis and calculation of next after-hype price of 3iQ Ether Staking is based on 3 months time horizon.

3iQ Ether Etf Price Outlook Analysis

Have you ever been surprised when a price of a ETF such as 3iQ Ether is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 3iQ Ether 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 3iQ Ether, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.65 
4.54
  0.16 
  0.01 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.36
10.20
1.54 
1,892  
Notes

3iQ Ether Hype Timeline

3iQ Ether Staking is currently traded for 10.36on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.16, and average elasticity to hype of competition of -0.01. 3iQ is estimated to decline in value after the next headline, with the price expected to drop to 10.2. 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 -1.54%, whereas the daily expected return is currently at -0.65%. The volatility of related hype on 3iQ Ether is about 40860.0%, with the expected price after the next announcement by competition of 10.35. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be in a few days.
Check out Historical Fundamental Analysis of 3iQ Ether to cross-verify your projections.

3iQ Ether Related Hype Analysis

Having access to credible news sources related to 3iQ Ether's direct competition is more important than ever and may enhance your ability to predict 3iQ Ether's future price movements. Getting to know how 3iQ Ether'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 3iQ Ether may potentially react to the hype associated with one of its peers.

Other Forecasting Options for 3iQ Ether

For every potential investor in 3iQ, whether a beginner or expert, 3iQ Ether's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 3iQ Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 3iQ. Basic forecasting techniques help filter out the noise by identifying 3iQ Ether's price trends.

3iQ Ether 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 3iQ Ether etf to make a market-neutral strategy. Peer analysis of 3iQ Ether could also be used in its relative valuation, which is a method of valuing 3iQ Ether by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

3iQ Ether Market Strength Events

Market strength indicators help investors to evaluate how 3iQ Ether etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3iQ Ether shares will generate the highest return on investment. By undertsting and applying 3iQ Ether etf market strength indicators, traders can identify 3iQ Ether Staking entry and exit signals to maximize returns.

3iQ Ether Risk Indicators

The analysis of 3iQ Ether'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 3iQ Ether's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 3iq 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 3iQ Ether

The number of cover stories for 3iQ Ether depends on current market conditions and 3iQ Ether's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that 3iQ Ether 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 3iQ Ether'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 3iQ Etf

3iQ Ether financial ratios help investors to determine whether 3iQ 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 3iQ with respect to the benefits of owning 3iQ Ether security.