IPower Etf Forecast - Double Exponential Smoothing

IPW Etf  USD 4.89  0.01  0.20%   
The Double Exponential Smoothing forecasted value of iPower Inc on the next trading day is expected to be 4.70 with a mean absolute deviation of 1.01 and the sum of the absolute errors of 60.57. IPower Etf Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of IPower'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
The successful prediction of IPower'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 IPower and does not consider all of the tangible or intangible factors available from IPower's fundamental data. We analyze noise-free headlines and recent hype associated with iPower Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting IPower's stock price prediction:
Quarterly Earnings Growth
0.071
Wall Street Target Price
2.75
Quarterly Revenue Growth
(0.41)
Using IPower hype-based prediction, you can estimate the value of iPower Inc from the perspective of IPower response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of iPower Inc on the next trading day is expected to be 4.70 with a mean absolute deviation of 1.01 and the sum of the absolute errors of 60.57.

IPower after-hype prediction price

    
  USD 5.28  
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 IPower to cross-verify your projections.

IPower Additional Predictive Modules

Most predictive techniques to examine IPower price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for IPower using various technical indicators. When you analyze IPower 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for IPower works best with periods where there are trends or seasonality.

IPower Double Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of iPower Inc on the next trading day is expected to be 4.70 with a mean absolute deviation of 1.01, mean absolute percentage error of 3.62, and the sum of the absolute errors of 60.57.
Please note that although there have been many attempts to predict IPower 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 IPower's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

IPower Etf Forecast Pattern

Backtest IPowerIPower Price PredictionBuy or Sell Advice 

IPower Forecasted Value

In the context of forecasting IPower'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. IPower's downside and upside margins for the forecasting period are 0.05 and 14.40, respectively. We have considered IPower'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.
Market Value
4.89
4.70
Expected Value
14.40
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of IPower etf data series using in forecasting. Note that when a statistical model is used to represent IPower 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 CriteriaHuge
BiasArithmetic mean of the errors 0.144
MADMean absolute deviation1.0094
MAPEMean absolute percentage error0.0845
SAESum of the absolute errors60.565
When iPower Inc prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any iPower Inc trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent IPower observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for IPower

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iPower Inc. 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
0.265.2814.98
Details
Intrinsic
Valuation
LowRealHigh
0.224.3114.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
4.258.8613.46
Details
1 Analysts
Consensus
LowTargetHigh
2.502.753.05
Details

IPower After-Hype Price Prediction Density Analysis

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

IPower Estimiated After-Hype Price Volatility

In the context of predicting IPower's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on IPower's historical news coverage. IPower's after-hype downside and upside margins for the prediction period are 0.26 and 14.98, respectively. We have considered IPower'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
4.89
5.28
After-hype Price
14.98
Upside
IPower is very risky at this time. Analysis and calculation of next after-hype price of iPower Inc is based on 3 months time horizon.

IPower Etf Price Prediction Analysis

Have you ever been surprised when a price of a ETF such as IPower is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IPower 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 IPower, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.04 
9.70
  0.39 
  0.19 
22 Events / Month
5 Events / Month
In about 22 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.89
5.28
7.98 
5,105  
Notes

IPower Hype Timeline

On the 23rd of January iPower Inc is traded for 4.89. The entity has historical hype elasticity of 0.39, and average elasticity to hype of competition of 0.19. IPower is projected to increase in value after the next headline, with the price projected to jump to 5.28 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 7.98%, whereas the daily expected return is currently at -2.04%. The volatility of related hype on IPower is about 10543.48%, with the expected price after the next announcement by competition of 5.08. The company has Net Profit Margin of (0.08) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.31) %, which entails that for every $100 of revenue, it lost $0.31. Considering the 90-day investment horizon the next projected press release will be in about 22 days.
Check out Historical Fundamental Analysis of IPower to cross-verify your projections.

IPower Related Hype Analysis

Having access to credible news sources related to IPower's direct competition is more important than ever and may enhance your ability to predict IPower's future price movements. Getting to know how IPower'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 IPower may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CGTLCreative Global Technology 0.19 10 per month 8.64  0.21  31.58 (16.47) 149.10 
YJYunji Inc(0.06)6 per month 0.00 (0.20) 5.96 (7.45) 19.76 
YYGHYY Group Holding(0.02)10 per month 0.00 (0.09) 7.69 (8.33) 30.95 
LOBOLOBO EV TECHNOLOGIES 0.03 7 per month 0.00 (0.06) 13.64 (11.63) 48.41 
UCARU Power Limited 0.02 8 per month 0.00 (0.12) 4.79 (5.00) 16.39 
REBNReborn Coffee 0.22 8 per month 0.00 (0.03) 11.95 (9.04) 27.14 
AZIAutozi Internet Technology(0.80)11 per month 0.00 (0.04) 21.43 (17.87) 88.70 
BYAHPark Ha Biological(0.01)3 per month 0.00 (0.28) 6.67 (7.69) 24.00 
FGIFGI Industries 1.36 7 per month 8.04  0.08  16.73 (14.12) 60.50 
CENNCenntro Electric Group(0.01)4 per month 0.00 (0.06) 13.33 (6.67) 24.81 

Other Forecasting Options for IPower

For every potential investor in IPower, whether a beginner or expert, IPower's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IPower Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IPower. Basic forecasting techniques help filter out the noise by identifying IPower's price trends.

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

IPower Market Strength Events

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

IPower Risk Indicators

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

Story Coverage note for IPower

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

IPower Short Properties

IPower's future price predictability will typically decrease when IPower's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of iPower Inc often depends not only on the future outlook of the potential IPower's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. IPower's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingM
Cash And Short Term InvestmentsM

Other Information on Investing in IPower Etf

IPower financial ratios help investors to determine whether IPower Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IPower with respect to the benefits of owning IPower security.