Angel Oak Etf Forecast - Triple Exponential Smoothing

MBS Etf   8.62  0.02  0.23%   
The Triple Exponential Smoothing forecasted value of Angel Oak Funds on the next trading day is expected to be 8.62 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.10. Angel Etf Forecast is based on your current time horizon.
  
Triple exponential smoothing for Angel Oak - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Angel Oak 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 trend in Angel Oak price movement. However, neither of these exponential smoothing models address any seasonality of Angel Oak Funds.

Angel Oak Triple Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Angel Oak Funds on the next trading day is expected to be 8.62 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.10.
Please note that although there have been many attempts to predict Angel 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 Angel Oak's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Angel Oak Etf Forecast Pattern

Backtest Angel OakAngel Oak Price PredictionBuy or Sell Advice 

Angel Oak Forecasted Value

In the context of forecasting Angel Oak'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. Angel Oak's downside and upside margins for the forecasting period are 8.36 and 8.88, respectively. We have considered Angel Oak'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
8.62
8.62
Expected Value
8.88
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Angel Oak etf data series using in forecasting. Note that when a statistical model is used to represent Angel Oak 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 -0.0037
MADMean absolute deviation0.0187
MAPEMean absolute percentage error0.0021
SAESum of the absolute errors1.104
As with simple exponential smoothing, in triple exponential smoothing models past Angel Oak observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Angel Oak Funds observations.

Predictive Modules for Angel Oak

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Angel Oak Funds. 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
8.368.628.88
Details
Intrinsic
Valuation
LowRealHigh
8.218.478.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Angel Oak. Your research has to be compared to or analyzed against Angel Oak's peers to derive any actionable benefits. When done correctly, Angel Oak's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Angel Oak Funds.

Other Forecasting Options for Angel Oak

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

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

Angel Oak Funds 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 Angel Oak'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 Angel Oak's current price.

Angel Oak Market Strength Events

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

Angel Oak Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
When determining whether Angel Oak Funds is a strong investment it is important to analyze Angel Oak's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Angel Oak's future performance. For an informed investment choice regarding Angel Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of Angel Oak to cross-verify your projections.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Angel Oak Funds is measured differently than its book value, which is the value of Angel that is recorded on the company's balance sheet. Investors also form their own opinion of Angel Oak's value that differs from its market value or its book value, called intrinsic value, which is Angel Oak'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 Angel Oak's market value can be influenced by many factors that don't directly affect Angel Oak'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 Angel Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Angel Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Angel Oak'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.