SPDR SP Etf Forecast - Simple Regression
| HAIL Etf | USD 33.28 0.00 0.00% |
The Simple Regression forecasted value of SPDR SP Kensho on the next trading day is expected to be 32.88 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 52.28. SPDR Etf Forecast is based on your current time horizon.
As of now the relative strength momentum indicator of SPDR SP's share price is below 20 . This usually indicates that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using SPDR SP hype-based prediction, you can estimate the value of SPDR SP Kensho from the perspective of SPDR SP response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards SPDR SP using SPDR SP's stock options and short interest. It helps to benchmark the overall future attitude of investors towards SPDR using crowd psychology based on the activity and movement of SPDR SP's stock price.
SPDR SP Implied Volatility | 0.39 |
SPDR SP's implied volatility exposes the market's sentiment of SPDR SP Kensho stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SPDR SP's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SPDR SP stock will not fluctuate a lot when SPDR SP's options are near their expiration.
The Simple Regression forecasted value of SPDR SP Kensho on the next trading day is expected to be 32.88 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 52.28. SPDR SP after-hype prediction price | USD 33.26 |
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 SPDR SP to cross-verify your projections. Open Interest Against 2026-01-16 SPDR Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast SPDR SP's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in SPDR SP's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for SPDR SP stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current SPDR SP's open interest, investors have to compare it to SPDR SP's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of SPDR SP is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in SPDR. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
SPDR SP Additional Predictive Modules
Most predictive techniques to examine SPDR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SPDR using various technical indicators. When you analyze SPDR 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SPDR SP Simple Regression Price Forecast For the 3rd of January
Given 90 days horizon, the Simple Regression forecasted value of SPDR SP Kensho on the next trading day is expected to be 32.88 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.23, and the sum of the absolute errors of 52.28.Please note that although there have been many attempts to predict SPDR 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 SPDR SP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SPDR SP Etf Forecast Pattern
| Backtest SPDR SP | SPDR SP Price Prediction | Buy or Sell Advice |
SPDR SP Forecasted Value
In the context of forecasting SPDR SP'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. SPDR SP's downside and upside margins for the forecasting period are 30.94 and 34.81, respectively. We have considered SPDR SP'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.
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 SPDR SP etf data series using in forecasting. Note that when a statistical model is used to represent SPDR SP 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.| AIC | Akaike Information Criteria | 118.316 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.857 |
| MAPE | Mean absolute percentage error | 0.0253 |
| SAE | Sum of the absolute errors | 52.2752 |
Predictive Modules for SPDR SP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPDR SP Kensho. 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.Other Forecasting Options for SPDR SP
For every potential investor in SPDR, whether a beginner or expert, SPDR SP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SPDR Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SPDR. Basic forecasting techniques help filter out the noise by identifying SPDR SP's price trends.SPDR SP 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 SPDR SP etf to make a market-neutral strategy. Peer analysis of SPDR SP could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SPDR SP Kensho 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 SPDR SP'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 SPDR SP's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SPDR SP Market Strength Events
Market strength indicators help investors to evaluate how SPDR SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR SP shares will generate the highest return on investment. By undertsting and applying SPDR SP etf market strength indicators, traders can identify SPDR SP Kensho entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0078 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 33.38 | |||
| Day Typical Price | 33.35 | |||
| Market Facilitation Index | 0.26 | |||
| Price Action Indicator | (0.10) |
SPDR SP Risk Indicators
The analysis of SPDR SP'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 SPDR SP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spdr 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.
| Mean Deviation | 1.5 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.69 |
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.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of SPDR SP to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of SPDR SP Kensho is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.