Cambria Micro Etf Forward View - Simple Exponential Smoothing
| MYLD Etf | 29.97 0.13 0.44% |
Cambria Etf outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Cambria Micro stock prices and determine the direction of Cambria Micro And's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Cambria Micro's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength momentum indicator of Cambria Micro's etf price is about 67. This indicates that the etf is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Cambria, making its price go up or down. Momentum 67
Buy Stretched
Oversold | Overbought |
Using Cambria Micro hype-based prediction, you can estimate the value of Cambria Micro And from the perspective of Cambria Micro response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Cambria Micro And on the next trading day is expected to be 29.97 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.97. Cambria Micro after-hype prediction price | USD 29.91 |
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 Cambria Micro to cross-verify your projections. Cambria Micro Additional Predictive Modules
Most predictive techniques to examine Cambria price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cambria using various technical indicators. When you analyze Cambria 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 |
Cambria Micro Simple Exponential Smoothing Price Forecast For the 22nd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Cambria Micro And on the next trading day is expected to be 29.97 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.10, and the sum of the absolute errors of 13.97.Please note that although there have been many attempts to predict Cambria 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 Cambria Micro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cambria Micro Etf Forecast Pattern
| Backtest Cambria Micro | Cambria Micro Price Prediction | Research Analysis |
Cambria Micro Forecasted Value
In the context of forecasting Cambria Micro'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. Cambria Micro's downside and upside margins for the forecasting period are 28.84 and 31.09, respectively. We have considered Cambria Micro'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 Cambria Micro etf data series using in forecasting. Note that when a statistical model is used to represent Cambria Micro 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 | 113.9971 |
| Bias | Arithmetic mean of the errors | -0.0899 |
| MAD | Mean absolute deviation | 0.2329 |
| MAPE | Mean absolute percentage error | 0.0083 |
| SAE | Sum of the absolute errors | 13.9745 |
Predictive Modules for Cambria Micro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambria Micro And. 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.Cambria Micro After-Hype Price Density Analysis
As far as predicting the price of Cambria Micro 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 Cambria Micro 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 Cambria Micro, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cambria Micro Estimiated After-Hype Price Volatility
In the context of predicting Cambria Micro's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cambria Micro's historical news coverage. Cambria Micro's after-hype downside and upside margins for the prediction period are 28.79 and 31.03, respectively. We have considered Cambria Micro'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
Cambria Micro is very steady at this time. Analysis and calculation of next after-hype price of Cambria Micro And is based on 3 months time horizon.
Cambria Micro Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Cambria Micro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cambria Micro 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 Cambria Micro, 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 |
0.28 | 1.12 | 0.06 | 0.01 | 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 | |
29.97 | 29.91 | 0.20 |
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Cambria Micro Hype Timeline
Cambria Micro And is now traded for 29.97. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of -0.01. Cambria is expected to decline in value after the next headline, with the price expected to drop to 29.91. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.2%, whereas the daily expected return is now at 0.28%. The volatility of related hype on Cambria Micro is about 2800.0%, with the expected price after the next announcement by competition of 29.96. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Cambria Micro to cross-verify your projections.Cambria Micro Related Hype Analysis
Having access to credible news sources related to Cambria Micro's direct competition is more important than ever and may enhance your ability to predict Cambria Micro's future price movements. Getting to know how Cambria Micro'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 Cambria Micro may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LBO | WHITEWOLF Publicly Listed | (0.35) | 3 per month | 0.00 | (0.14) | 2.17 | (3.13) | 7.23 | |
| JHID | John Hancock Exchange Traded | (0.01) | 1 per month | 0.22 | 0.21 | 1.21 | (0.79) | 3.46 | |
| ASCE | Allspring Exchange Traded Funds | 0.29 | 1 per month | 0.76 | 0.11 | 1.73 | (1.64) | 5.62 | |
| EQRR | ProShares Equities for | 0.00 | 0 per month | 0.93 | 0.06 | 1.54 | (1.95) | 5.24 | |
| EQLT | iShares MSCI Emerging | 0.03 | 14 per month | 0.67 | 0.14 | 2.18 | (1.38) | 4.30 | |
| LRND | IQ Large Cap | (0.10) | 1 per month | 0.00 | (0.1) | 1.16 | (1.78) | 4.90 | |
| FLYU | MicroSectors Travel 3X | 0.00 | 0 per month | 0.00 | (0.03) | 6.77 | (7.87) | 18.98 | |
| ERET | iShares Environmentally Aware | 0.06 | 2 per month | 0.27 | 0.12 | 1.14 | (0.72) | 2.74 | |
| BGRO | BlackRock Large Cap | (0.28) | 1 per month | 0.00 | (0.10) | 1.82 | (2.22) | 5.65 |
Other Forecasting Options for Cambria Micro
For every potential investor in Cambria, whether a beginner or expert, Cambria Micro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cambria Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cambria. Basic forecasting techniques help filter out the noise by identifying Cambria Micro's price trends.Cambria Micro 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 Cambria Micro etf to make a market-neutral strategy. Peer analysis of Cambria Micro could also be used in its relative valuation, which is a method of valuing Cambria Micro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cambria Micro Market Strength Events
Market strength indicators help investors to evaluate how Cambria Micro etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambria Micro shares will generate the highest return on investment. By undertsting and applying Cambria Micro etf market strength indicators, traders can identify Cambria Micro And entry and exit signals to maximize returns.
Cambria Micro Risk Indicators
The analysis of Cambria Micro'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 Cambria Micro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cambria 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 | 0.8852 | |||
| Semi Deviation | 0.6172 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.43 | |||
| Downside Variance | 0.8139 | |||
| Semi Variance | 0.3809 | |||
| Expected Short fall | (1.08) |
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 Cambria Micro
The number of cover stories for Cambria Micro depends on current market conditions and Cambria Micro's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cambria Micro 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 Cambria Micro'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 Cambria Micro to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Cambria Micro And is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Micro's value that differs from its market value or its book value, called intrinsic value, which is Cambria Micro's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Cambria Micro's market value can be influenced by many factors that don't directly affect Cambria Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Cambria Micro's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Cambria Micro represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Cambria Micro's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.