ProShares Nasdaq Etf Forward View - Simple Exponential Smoothing
| IQQQ Etf | 45.07 0.00 0.00% |
ProShares Etf outlook is based on your current time horizon.
As of today, The relative strength momentum indicator of ProShares Nasdaq's share price is at 50. 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 ProShares Nasdaq, making its price go up or down. Momentum 50
Impartial
Oversold | Overbought |
Using ProShares Nasdaq hype-based prediction, you can estimate the value of ProShares Nasdaq 100 High from the perspective of ProShares Nasdaq response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of ProShares Nasdaq 100 High on the next trading day is expected to be 45.07 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.78. ProShares Nasdaq after-hype prediction price | USD 45.07 |
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.
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ProShares Nasdaq Additional Predictive Modules
Most predictive techniques to examine ProShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ProShares using various technical indicators. When you analyze ProShares 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 |
ProShares Nasdaq Simple Exponential Smoothing Price Forecast For the 3rd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ProShares Nasdaq 100 High on the next trading day is expected to be 45.07 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.17, and the sum of the absolute errors of 18.78.Please note that although there have been many attempts to predict ProShares 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 ProShares Nasdaq's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ProShares Nasdaq Etf Forecast Pattern
| Backtest ProShares Nasdaq | ProShares Nasdaq Price Prediction | Research Analysis |
ProShares Nasdaq Forecasted Value
In the context of forecasting ProShares Nasdaq'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. ProShares Nasdaq's downside and upside margins for the forecasting period are 44.14 and 46.01, respectively. We have considered ProShares Nasdaq'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 ProShares Nasdaq etf data series using in forecasting. Note that when a statistical model is used to represent ProShares Nasdaq 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 | 114.5126 |
| Bias | Arithmetic mean of the errors | 0.0033 |
| MAD | Mean absolute deviation | 0.3131 |
| MAPE | Mean absolute percentage error | 0.0071 |
| SAE | Sum of the absolute errors | 18.783 |
Predictive Modules for ProShares Nasdaq
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Nasdaq 100. 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.ProShares Nasdaq After-Hype Price Density Analysis
As far as predicting the price of ProShares Nasdaq 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 ProShares Nasdaq 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 ProShares Nasdaq, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ProShares Nasdaq Estimiated After-Hype Price Volatility
In the context of predicting ProShares Nasdaq's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ProShares Nasdaq's historical news coverage. ProShares Nasdaq's after-hype downside and upside margins for the prediction period are 44.13 and 46.01, respectively. We have considered ProShares Nasdaq'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ProShares Nasdaq is very steady at this time. Analysis and calculation of next after-hype price of ProShares Nasdaq 100 is based on 3 months time horizon.
ProShares Nasdaq Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as ProShares Nasdaq is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Nasdaq 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 ProShares Nasdaq, 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 |
0.01 | 0.94 | 0.00 | 0.00 | 2 Events / Month | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
45.07 | 45.07 | 0.00 |
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ProShares Nasdaq Hype Timeline
ProShares Nasdaq 100 is currently traded for 45.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ProShares 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 over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.01%. %. The volatility of related hype on ProShares Nasdaq is about 870.37%, with the expected price after the next announcement by competition of 45.07. 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 Historical Fundamental Analysis of ProShares Nasdaq to cross-verify your projections.ProShares Nasdaq Related Hype Analysis
Having access to credible news sources related to ProShares Nasdaq's direct competition is more important than ever and may enhance your ability to predict ProShares Nasdaq's future price movements. Getting to know how ProShares Nasdaq'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 ProShares Nasdaq may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TOPT | iShares Top 20 | 0.01 | 5 per month | 0.00 | (0.08) | 0.98 | (1.32) | 4.48 | |
| RSST | Return Stacked Stocks | 0.00 | 0 per month | 1.80 | 0.03 | 2.28 | (2.71) | 6.83 | |
| HEDG | Series Portfolios Trust | 0.03 | 3 per month | 0.15 | (0.01) | 0.53 | (0.45) | 1.55 | |
| USCI | United States Commodity | 0.53 | 1 per month | 0.95 | 0.07 | 1.53 | (1.21) | 3.32 | |
| HAWX | iShares Currency Hedged | 0.11 | 4 per month | 0.53 | 0.08 | 1.11 | (0.98) | 3.06 | |
| GDEC | First Trust Exchange | 0.05 | 1 per month | 0.21 | (0.02) | 0.60 | (0.41) | 1.81 | |
| JANW | AIM ETF Products | (0.01) | 1 per month | 0.10 | (0.05) | 0.36 | (0.30) | 1.58 | |
| DXUV | Dimensional ETF Trust | 0.09 | 1 per month | 0.61 | 0.03 | 1.43 | (1.39) | 3.56 | |
| USSE | Segall Bryant Hamill | 0.00 | 0 per month | 0.92 | (0.05) | 1.13 | (1.68) | 3.96 | |
| INCO | Columbia India Consumer | 0.27 | 2 per month | 0.00 | (0.21) | 1.01 | (1.28) | 4.08 |
Other Forecasting Options for ProShares Nasdaq
For every potential investor in ProShares, whether a beginner or expert, ProShares Nasdaq's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProShares. Basic forecasting techniques help filter out the noise by identifying ProShares Nasdaq's price trends.ProShares Nasdaq 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 ProShares Nasdaq etf to make a market-neutral strategy. Peer analysis of ProShares Nasdaq could also be used in its relative valuation, which is a method of valuing ProShares Nasdaq by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ProShares Nasdaq Market Strength Events
Market strength indicators help investors to evaluate how ProShares Nasdaq etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares Nasdaq shares will generate the highest return on investment. By undertsting and applying ProShares Nasdaq etf market strength indicators, traders can identify ProShares Nasdaq 100 High entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0143 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 45.25 | |||
| Day Typical Price | 45.19 | |||
| Market Facilitation Index | 0.65 | |||
| Price Action Indicator | (0.18) | |||
| Relative Strength Index | 50.14 |
ProShares Nasdaq Risk Indicators
The analysis of ProShares Nasdaq'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 ProShares Nasdaq's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proshares 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 | 0.7441 | |||
| Standard Deviation | 0.9745 | |||
| Variance | 0.9496 |
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 ProShares Nasdaq
The number of cover stories for ProShares Nasdaq depends on current market conditions and ProShares Nasdaq's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ProShares Nasdaq 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 ProShares Nasdaq'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 ProShares Nasdaq to cross-verify your projections. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
ProShares Nasdaq 100's market price often diverges from its book value, the accounting figure shown on ProShares's balance sheet. Smart investors calculate ProShares Nasdaq's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since ProShares Nasdaq's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between ProShares Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nasdaq'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.