Fire ETFs Etf Forward View - Polynomial Regression

FIRS Etf   23.08  0.00  0.00%   
Fire Etf outlook is based on your current time horizon.
At this time, The relative strength momentum indicator of Fire ETFs' share price is at 59. This usually indicates that the etf is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Fire ETFs, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Fire ETFs' 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 Fire ETFs and does not consider all of the tangible or intangible factors available from Fire ETFs' fundamental data. We analyze noise-free headlines and recent hype associated with Fire ETFs, which may create opportunities for some arbitrage if properly timed.
Using Fire ETFs hype-based prediction, you can estimate the value of Fire ETFs from the perspective of Fire ETFs response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Fire ETFs on the next trading day is expected to be 22.93 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.17.

Fire ETFs after-hype prediction price

    
  $ 23.08  
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 inflation.

Fire ETFs Additional Predictive Modules

Most predictive techniques to examine Fire price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fire using various technical indicators. When you analyze Fire 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.
Fire ETFs polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Fire ETFs as well as the accuracy indicators are determined from the period prices.

Fire ETFs Polynomial Regression Price Forecast For the 5th of February

Given 90 days horizon, the Polynomial Regression forecasted value of Fire ETFs on the next trading day is expected to be 22.93 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.17.
Please note that although there have been many attempts to predict Fire 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 Fire ETFs' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fire ETFs Etf Forecast Pattern

Backtest Fire ETFs  Fire ETFs Price Prediction  Research Analysis  

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Fire ETFs etf data series using in forecasting. Note that when a statistical model is used to represent Fire ETFs 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 Criteria113.9679
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1011
MAPEMean absolute percentage error0.0045
SAESum of the absolute errors6.1681
A single variable polynomial regression model attempts to put a curve through the Fire ETFs historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Fire ETFs

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fire ETFs. 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
23.0823.0823.08
Details
Intrinsic
Valuation
LowRealHigh
22.9222.9225.39
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.8323.0423.24
Details

Fire ETFs After-Hype Price Density Analysis

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

Fire ETFs Estimiated After-Hype Price Volatility

In the context of predicting Fire ETFs' etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fire ETFs' historical news coverage. Fire ETFs' after-hype downside and upside margins for the prediction period are 23.08 and 23.08, respectively. We have considered Fire ETFs' 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
23.08
23.08
After-hype Price
23.08
Upside
Fire ETFs is very steady at this time. Analysis and calculation of next after-hype price of Fire ETFs is based on 3 months time horizon.

Fire ETFs Etf Price Outlook Analysis

Have you ever been surprised when a price of a ETF such as Fire ETFs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fire ETFs 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 Fire ETFs, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
2 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
23.08
23.08
0.00 
0.00  
Notes

Fire ETFs Hype Timeline

Fire ETFs is currently traded for 23.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fire 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 insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Fire ETFs is about 0.0%, with the expected price after the next announcement by competition of 23.08. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in a few days.
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 inflation.

Fire ETFs Related Hype Analysis

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

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

Fire ETFs Market Strength Events

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

Story Coverage note for Fire ETFs

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether Fire ETFs is a strong investment it is important to analyze Fire ETFs' 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 Fire ETFs' future performance. For an informed investment choice regarding Fire Etf, refer to the following important reports:
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 inflation.
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.
Understanding Fire ETFs requires distinguishing between market price and book value, where the latter reflects Fire's accounting equity. The concept of intrinsic value - what Fire ETFs' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Fire ETFs' price substantially above or below its fundamental value.
Please note, there is a significant difference between Fire ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fire ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Fire ETFs' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.