Golden Eagle Etf Forecast - Simple Exponential Smoothing
| HYP Etf | 27.50 0.59 2.19% |
Golden Etf Forecast is based on your current time horizon.
As of today the relative strength momentum indicator of Golden Eagle'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 Golden Eagle hype-based prediction, you can estimate the value of Golden Eagle Dynamic from the perspective of Golden Eagle response to recently generated media hype and the effects of current headlines on its competitors.
Golden Eagle after-hype prediction price | USD 0.0 |
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 Historical Fundamental Analysis of Golden Eagle to cross-verify your projections. Golden Eagle Additional Predictive Modules
Most predictive techniques to examine Golden price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Golden using various technical indicators. When you analyze Golden 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 |
Golden Eagle Simple Exponential Smoothing Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Golden Eagle Dynamic on the next trading day is expected to be 27.50 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.33, and the sum of the absolute errors of 25.83.Please note that although there have been many attempts to predict Golden 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 Golden Eagle's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Golden Eagle Etf Forecast Pattern
| Backtest Golden Eagle | Golden Eagle Price Prediction | Buy or Sell Advice |
Golden Eagle Forecasted Value
In the context of forecasting Golden Eagle'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. Golden Eagle's downside and upside margins for the forecasting period are 25.09 and 29.91, respectively. We have considered Golden Eagle'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Golden Eagle etf data series using in forecasting. Note that when a statistical model is used to represent Golden Eagle 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 | 115.1575 |
| Bias | Arithmetic mean of the errors | -0.0362 |
| MAD | Mean absolute deviation | 0.4305 |
| MAPE | Mean absolute percentage error | 0.018 |
| SAE | Sum of the absolute errors | 25.83 |
Predictive Modules for Golden Eagle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Eagle Dynamic. 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 Golden Eagle'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.
Golden Eagle After-Hype Price Prediction Density Analysis
As far as predicting the price of Golden Eagle 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 Golden Eagle 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 Golden Eagle, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Golden Eagle Estimiated After-Hype Price Volatility
In the context of predicting Golden Eagle's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Golden Eagle's historical news coverage. Golden Eagle's after-hype downside and upside margins for the prediction period are 0.00 and 2.41, respectively. We have considered Golden Eagle'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Golden Eagle is out of control at this time. Analysis and calculation of next after-hype price of Golden Eagle Dynamic is based on 3 months time horizon.
Golden Eagle Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Golden Eagle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Eagle 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 Golden Eagle, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.16 | 2.41 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
27.50 | 0.00 | 0.00 |
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Golden Eagle Hype Timeline
On the 22nd of January Golden Eagle Dynamic is traded for 27.50. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Golden is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 0.16%. %. The volatility of related hype on Golden Eagle is about 0.0%, with the expected price after the next announcement by competition of 27.50. The company had not issued any dividends in recent years. Considering the 90-day investment horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Golden Eagle to cross-verify your projections.Golden Eagle Related Hype Analysis
Having access to credible news sources related to Golden Eagle's direct competition is more important than ever and may enhance your ability to predict Golden Eagle's future price movements. Getting to know how Golden Eagle'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 Golden Eagle may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MCHS | Matthews China Discovery | 0.00 | 0 per month | 0.76 | 0.06 | 1.68 | (1.44) | 3.68 | |
| PCEM | Litman Gregory Funds | 0.00 | 0 per month | 0.91 | 0.01 | 1.87 | (1.53) | 3.84 | |
| EAFG | Pacer Funds Trust | 0.00 | 0 per month | 0.53 | 0.06 | 1.28 | (1.10) | 2.93 | |
| BEDZ | AdvisorShares Hotel ETF | 0.00 | 0 per month | 1.22 | (0.04) | 1.92 | (2.45) | 5.98 | |
| BFRE | Ultimus Managers Trust | 0.00 | 0 per month | 0.78 | (0.08) | 1.11 | (1.16) | 3.47 | |
| HIMY | Defiance Leveraged Long | 0.00 | 0 per month | 0.00 | (0.27) | 6.29 | (10.88) | 27.74 | |
| DUKX | Ocean Park International | 0.00 | 0 per month | 0.52 | 0.03 | 1.07 | (1.16) | 2.62 | |
| SPCY | STKd 100 percent | 0.00 | 0 per month | 0.00 | (0.20) | 7.00 | (10.25) | 22.87 | |
| NZUS | SPDR MSCI USA | 0.00 | 0 per month | 0.00 | (0.15) | 1.12 | (1.33) | 4.45 | |
| GEND | Spinnaker ETF Series | 0.00 | 0 per month | 0.52 | 0.02 | 1.32 | (0.94) | 3.40 |
Other Forecasting Options for Golden Eagle
For every potential investor in Golden, whether a beginner or expert, Golden Eagle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Golden Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Golden. Basic forecasting techniques help filter out the noise by identifying Golden Eagle's price trends.Golden Eagle 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 Golden Eagle etf to make a market-neutral strategy. Peer analysis of Golden Eagle could also be used in its relative valuation, which is a method of valuing Golden Eagle by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Golden Eagle Market Strength Events
Market strength indicators help investors to evaluate how Golden Eagle etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Eagle shares will generate the highest return on investment. By undertsting and applying Golden Eagle etf market strength indicators, traders can identify Golden Eagle Dynamic entry and exit signals to maximize returns.
Golden Eagle Risk Indicators
The analysis of Golden Eagle'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 Golden Eagle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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 | 1.76 | |||
| Semi Deviation | 2.42 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.82 | |||
| Downside Variance | 7.0 | |||
| Semi Variance | 5.86 | |||
| Expected Short fall | (1.73) |
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 Golden Eagle
The number of cover stories for Golden Eagle depends on current market conditions and Golden Eagle's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Golden Eagle 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 Golden Eagle'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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Check out Historical Fundamental Analysis of Golden Eagle to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Golden Eagle Dynamic is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Eagle's value that differs from its market value or its book value, called intrinsic value, which is Golden Eagle'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 Golden Eagle's market value can be influenced by many factors that don't directly affect Golden Eagle'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 Golden Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Eagle'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.