Spinnaker ETF Etf Forecast - Double Exponential Smoothing
| LGHT Etf | USD 10.27 0.20 1.99% |
The Double Exponential Smoothing forecasted value of Spinnaker ETF Series on the next trading day is expected to be 10.28 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.83. Spinnaker Etf Forecast is based on your current time horizon.
At this time, the relative strength momentum indicator of Spinnaker ETF's share price is approaching 49. This indicates that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Spinnaker ETF, making its price go up or down. Momentum 49
Impartial
Oversold | Overbought |
Using Spinnaker ETF hype-based prediction, you can estimate the value of Spinnaker ETF Series from the perspective of Spinnaker ETF response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Spinnaker ETF Series on the next trading day is expected to be 10.28 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.83. Spinnaker ETF after-hype prediction price | USD 10.27 |
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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Spinnaker ETF Additional Predictive Modules
Most predictive techniques to examine Spinnaker price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Spinnaker using various technical indicators. When you analyze Spinnaker 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 |
Spinnaker ETF Double Exponential Smoothing Price Forecast For the 23rd of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Spinnaker ETF Series on the next trading day is expected to be 10.28 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.83.Please note that although there have been many attempts to predict Spinnaker 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 Spinnaker ETF's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Spinnaker ETF Etf Forecast Pattern
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Spinnaker ETF Forecasted Value
In the context of forecasting Spinnaker ETF'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. Spinnaker ETF's downside and upside margins for the forecasting period are 9.28 and 11.27, respectively. We have considered Spinnaker ETF'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Spinnaker ETF etf data series using in forecasting. Note that when a statistical model is used to represent Spinnaker ETF 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0131 |
| MAD | Mean absolute deviation | 0.0819 |
| MAPE | Mean absolute percentage error | 0.0081 |
| SAE | Sum of the absolute errors | 4.8328 |
Predictive Modules for Spinnaker ETF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spinnaker ETF Series. 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.Spinnaker ETF After-Hype Price Prediction Density Analysis
As far as predicting the price of Spinnaker ETF 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 Spinnaker ETF 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 Spinnaker ETF, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Spinnaker ETF Estimiated After-Hype Price Volatility
In the context of predicting Spinnaker ETF's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Spinnaker ETF's historical news coverage. Spinnaker ETF's after-hype downside and upside margins for the prediction period are 9.27 and 11.27, respectively. We have considered Spinnaker ETF'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
Spinnaker ETF is very steady at this time. Analysis and calculation of next after-hype price of Spinnaker ETF Series is based on 3 months time horizon.
Spinnaker ETF Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Spinnaker ETF is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spinnaker ETF 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 Spinnaker ETF, 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 |
0.05 | 1.00 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.27 | 10.27 | 0.00 |
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Spinnaker ETF Hype Timeline
Spinnaker ETF Series is now traded for 10.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Spinnaker is forecasted 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 forecasted to be very small, whereas the daily expected return is now at -0.05%. %. The volatility of related hype on Spinnaker ETF is about 0.0%, with the expected price after the next announcement by competition of 10.27. The company last dividend was issued on the 8th of August 2019. Spinnaker ETF Series had 105:100 split on the 20th of February 2013. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Spinnaker ETF to cross-verify your projections.Spinnaker ETF Related Hype Analysis
Having access to credible news sources related to Spinnaker ETF's direct competition is more important than ever and may enhance your ability to predict Spinnaker ETF's future price movements. Getting to know how Spinnaker ETF'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 Spinnaker ETF may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| USNG | Amplify Samsung Natural | 0.00 | 0 per month | 0.90 | 0.04 | 1.55 | (1.54) | 4.27 | |
| PQOC | PGIM Nasdaq 100 Buffer | 0.00 | 0 per month | 0.61 | (0.14) | 0.84 | (1.06) | 2.80 | |
| AGMI | Themes Silver Miners | 0.00 | 0 per month | 1.77 | 0.27 | 5.63 | (2.82) | 11.42 | |
| FOWF | Pacer Solactive Whitney | 0.00 | 0 per month | 0.70 | (0) | 1.41 | (1.21) | 3.91 | |
| ITDJ | iShares Trust | 0.00 | 0 per month | 0.73 | (0.06) | 1.01 | (1.18) | 3.10 | |
| SOLR | Guinness Atkinson Funds | 0.00 | 0 per month | 1.28 | (0.04) | 1.75 | (2.08) | 4.73 | |
| EPMB | Harbor ETF Trust | 0.00 | 0 per month | 0.53 | 0.07 | 1.83 | (1.07) | 3.48 | |
| CSCL | Direxion Daily CSCO | 0.00 | 0 per month | 2.50 | 0.01 | 3.81 | (4.19) | 16.55 | |
| XVOL | Acruence Active Hedge | 0.00 | 0 per month | 0.81 | (0.08) | 1.56 | (1.21) | 3.79 | |
| ETEC | iShares Breakthrough Environmental | 0.00 | 0 per month | 1.16 | (0.04) | 1.88 | (2.04) | 5.26 |
Other Forecasting Options for Spinnaker ETF
For every potential investor in Spinnaker, whether a beginner or expert, Spinnaker ETF's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Spinnaker Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Spinnaker. Basic forecasting techniques help filter out the noise by identifying Spinnaker ETF's price trends.Spinnaker ETF 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 Spinnaker ETF etf to make a market-neutral strategy. Peer analysis of Spinnaker ETF could also be used in its relative valuation, which is a method of valuing Spinnaker ETF by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Spinnaker ETF Market Strength Events
Market strength indicators help investors to evaluate how Spinnaker ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spinnaker ETF shares will generate the highest return on investment. By undertsting and applying Spinnaker ETF etf market strength indicators, traders can identify Spinnaker ETF Series entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 10.27 | |||
| Day Typical Price | 10.27 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.2 | |||
| Relative Strength Index | 49.71 |
Spinnaker ETF Risk Indicators
The analysis of Spinnaker ETF'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 Spinnaker ETF's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spinnaker 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 | 0.7549 | |||
| Standard Deviation | 0.9978 | |||
| Variance | 0.9956 |
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 Spinnaker ETF
The number of cover stories for Spinnaker ETF depends on current market conditions and Spinnaker ETF's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Spinnaker ETF 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 Spinnaker ETF'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 Spinnaker ETF to cross-verify your projections. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.