Source KBW Etf Forecast - Simple Moving Average
| KFTK Etf | 58.28 0.35 0.60% |
Source |
Source KBW Simple Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the Simple Moving Average forecasted value of Source KBW NASDAQ on the next trading day is expected to be 58.10 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.71, and the sum of the absolute errors of 34.02.Please note that although there have been many attempts to predict Source 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 Source KBW's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Source KBW Etf Forecast Pattern
Source KBW Forecasted Value
In the context of forecasting Source KBW'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. Source KBW's downside and upside margins for the forecasting period are 56.89 and 59.32, respectively. We have considered Source KBW'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Source KBW etf data series using in forecasting. Note that when a statistical model is used to represent Source KBW 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 | 114.0976 |
| Bias | Arithmetic mean of the errors | -0.3147 |
| MAD | Mean absolute deviation | 0.5766 |
| MAPE | Mean absolute percentage error | 0.0109 |
| SAE | Sum of the absolute errors | 34.02 |
Predictive Modules for Source KBW
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Source KBW NASDAQ. 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 Source KBW
For every potential investor in Source, whether a beginner or expert, Source KBW's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Source Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Source. Basic forecasting techniques help filter out the noise by identifying Source KBW's price trends.Source KBW 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 Source KBW etf to make a market-neutral strategy. Peer analysis of Source KBW could also be used in its relative valuation, which is a method of valuing Source KBW by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Source KBW NASDAQ 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 Source KBW'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 Source KBW's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Source KBW Market Strength Events
Market strength indicators help investors to evaluate how Source KBW etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Source KBW shares will generate the highest return on investment. By undertsting and applying Source KBW etf market strength indicators, traders can identify Source KBW NASDAQ entry and exit signals to maximize returns.
Source KBW Risk Indicators
The analysis of Source KBW'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 Source KBW's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting source 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 | 0.8563 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Downside Variance | 0.5741 | |||
| Semi Variance | (0.06) | |||
| Expected Short fall | (1.05) |
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.