Gotham Enhanced ETF Forward View - Polynomial Regression

GSPY ETF

USD 39.91 0.35 0.88%

Gotham Enhanced 500's Polynomial Regression forecast is generated from the selected price series and evaluated against observed values. Forecast accuracy depends on how stable the recent price trend has been — trending markets suit some models better than others. The Polynomial Regression model projects Gotham Enhanced at 40.72 for the next trading day, above the most recent closing price. All values shown are model-generated projections and should be evaluated alongside other analytical inputs.

Polynomial regression for Gotham Enhanced fits a curved line through historical price points using time as the independent variable. Unlike simple regression, which fits only a straight line, polynomial regression can capture nonlinear price trends including acceleration and deceleration.

Polynomial Regression Price Forecast For the 11th of May 2026

Over a 90-day horizon, the Polynomial Regression model forecasts Gotham Enhanced at 40.72 for the next trading day, with a mean absolute deviation of 0.52 , mean absolute percentage error of 0.01 , and sum of absolute errors of 31.49 .

This represents a very tight forecast — the model closely tracks Gotham Enhanced's recent price behavior. This output is intended for short-term analytical reference.

ETF Forecast Pattern

Backtest Gotham Enhanced

Gotham Enhanced Price Prediction

Research Analysis

Forecasted Value

The projected range for Gotham Enhanced reflects the model's ability to define credible downside and upside scenarios for the next trading day. The forecast band spans 39.82 to 41.63. The moderate spread reflects defined uncertainty around the forecast.

Market Value

39.91

39.82

Downside

40.72

Expected Value

41.63

Upside

Target Odds

Above Odds

Below Odds

Model Predictive Factors

The table below summarizes the Polynomial Regression model's error metrics for Gotham Enhanced ETF. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.

AIC	Akaike Information Criteria	117.1772
Bias	Arithmetic mean of the errors	None
MAD	Mean absolute deviation	0.5162
MAPE	Mean absolute percentage error	0.014
SAE	Sum of the absolute errors	31.4853

The model takes the form: Y = a₀ + a₁*X + a₂*X² + a₃*X³ + ... + a_m*X^m. Higher-degree polynomials fit Gotham Enhanced 500 historical data more closely but are more prone to overfitting, which can produce unreliable extrapolations beyond the observed price range.

Other Forecasting Options for Gotham Enhanced

Bollinger Bands applied to Gotham Enhanced ETF price data measure how far Gotham Enhanced has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Gotham Enhanced's price data.

Gotham Enhanced Comparable Funds

The related funds below provide a category-based comparison set for Gotham Enhanced's. Funds are typically compared on holdings mix, category returns, risk measures, and implementation cost rather than on operating-company margins.

FlexShares Quality Large Vident Core Equity FT Cboe Vest Avantis Real Estate iShares India 50 iShares Core Conservative Innovator SAMPP 500 Xtrackers MSCI Europe Opus Small Cap VictoryShares WestEnd Sector American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

Risk & Return

Correlation

Gotham Enhanced Market Strength Events

Market strength indicators for Gotham Enhanced quantify how the ETF responds to shifts in volume and sentiment. These indicators capture shifts in momentum that may precede significant price moves in Gotham Enhanced.

	Rate Of Daily Change	1.01
	Day Median Price	39.91
	Day Typical Price	39.91
	Price Action Indicator	0.17
	Period Momentum Indicator	0.35
	Relative Strength Index	67.45

Gotham Enhanced Risk Indicators

Analyzing Gotham Enhanced's risk indicators separates symmetric price swings from asymmetric downside exposure. Understanding and quantifying the risks present in Gotham Enhanced helps place recent price behavior in context.

	Mean Deviation	0.7362
	Semi Deviation	0.7765
	Standard Deviation	0.9334
	Variance	0.8712
	Downside Variance	0.787
	Semi Variance	0.603
	Expected Short fall	-0.80

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.

More Resources for Gotham Enhanced ETF Analysis

Investors evaluate Gotham Enhanced 500 using market price and NAV, each describing a different view of the fund. The valuation picture for Gotham Enhanced includes expense ratio, holdings concentration, and tracking precision.

Note that Gotham Enhanced's market price and net asset value (NAV) are different measures derived from different inputs. Holdings diversification, category fit, and cost efficiency offer additional analytical signals.

	Naive Prediction
	Simple Exponential Smoothing
	Double Exponential Smoothing
	Triple Exponential Smoothing
	Simple Regression
	Polynomial Regression
	Simple Moving Average
	4 Period Moving Average
	8 Period Moving Average
	20 Period Moving Average