NEOS Investment Etf Forecast - Simple Regression

EV Etf  USD 22.00  0.00  0.00%   
The Simple Regression forecasted value of NEOS Investment Management on the next trading day is expected to be 21.96 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 45.81. NEOS Etf Forecast is based on your current time horizon.
At this time, the relative strength momentum indicator of NEOS Investment's share price is approaching 41 suggesting that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling NEOS Investment, making its price go up or down.

Momentum 41

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of NEOS Investment's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NEOS Investment and does not consider all of the tangible or intangible factors available from NEOS Investment's fundamental data. We analyze noise-free headlines and recent hype associated with NEOS Investment Management, which may create opportunities for some arbitrage if properly timed.
Using NEOS Investment hype-based prediction, you can estimate the value of NEOS Investment Management from the perspective of NEOS Investment response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of NEOS Investment Management on the next trading day is expected to be 21.96 with a mean absolute deviation of 0.75 and the sum of the absolute errors of 45.81.

NEOS Investment after-hype prediction price

    
  $ 22.0  
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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in services.

NEOS Investment Additional Predictive Modules

Most predictive techniques to examine NEOS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NEOS using various technical indicators. When you analyze NEOS 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 NEOS Investment 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.

NEOS Investment Simple Regression Price Forecast For the 8th of January

Given 90 days horizon, the Simple Regression forecasted value of NEOS Investment Management on the next trading day is expected to be 21.96 with a mean absolute deviation of 0.75, mean absolute percentage error of 0.92, and the sum of the absolute errors of 45.81.
Please note that although there have been many attempts to predict NEOS 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 NEOS Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NEOS Investment Etf Forecast Pattern

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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 NEOS Investment etf data series using in forecasting. Note that when a statistical model is used to represent NEOS Investment 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 Criteria118.0254
BiasArithmetic mean of the errors None
MADMean absolute deviation0.751
MAPEMean absolute percentage error0.0323
SAESum of the absolute errors45.8088
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 NEOS Investment Management 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 NEOS Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEOS Investment Mana. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NEOS Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.0022.0022.00
Details
Intrinsic
Valuation
LowRealHigh
20.8920.8924.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.4821.9122.33
Details

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

NEOS Investment Market Strength Events

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

NEOS Investment Risk Indicators

The analysis of NEOS Investment'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 NEOS Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neos 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in services.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of NEOS Investment Mana is measured differently than its book value, which is the value of NEOS that is recorded on the company's balance sheet. Investors also form their own opinion of NEOS Investment's value that differs from its market value or its book value, called intrinsic value, which is NEOS Investment'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 NEOS Investment's market value can be influenced by many factors that don't directly affect NEOS Investment'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 NEOS Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Investment'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.