SSGA Active Etf Forward View - Simple Regression
| OBND Etf | USD 26.20 0.02 0.08% |
SSGA Etf outlook is based on your current time horizon. Investors can use this forecasting interface to forecast SSGA Active stock prices and determine the direction of SSGA Active Trust's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SSGA Active's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength momentum indicator of SSGA Active's share price is at 58. This 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 SSGA Active, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Using SSGA Active hype-based prediction, you can estimate the value of SSGA Active Trust from the perspective of SSGA Active response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of SSGA Active Trust on the next trading day is expected to be 26.22 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.13. SSGA Active after-hype prediction price | USD 26.22 |
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 SSGA Active to cross-verify your projections. SSGA Active Additional Predictive Modules
Most predictive techniques to examine SSGA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SSGA using various technical indicators. When you analyze SSGA 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 |
SSGA Active Simple Regression Price Forecast For the 31st of January
Given 90 days horizon, the Simple Regression forecasted value of SSGA Active Trust on the next trading day is expected to be 26.22 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.13.Please note that although there have been many attempts to predict SSGA 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 SSGA Active's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SSGA Active Etf Forecast Pattern
| Backtest SSGA Active | SSGA Active Price Prediction | Buy or Sell Advice |
SSGA Active Forecasted Value
In the context of forecasting SSGA Active'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. SSGA Active's downside and upside margins for the forecasting period are 26.07 and 26.37, respectively. We have considered SSGA Active'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 Regression forecasting method's relative quality and the estimations of the prediction error of SSGA Active etf data series using in forecasting. Note that when a statistical model is used to represent SSGA Active 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 | 111.8868 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0348 |
| MAPE | Mean absolute percentage error | 0.0013 |
| SAE | Sum of the absolute errors | 2.1251 |
Predictive Modules for SSGA Active
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SSGA Active Trust. 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.SSGA Active After-Hype Price Density Analysis
As far as predicting the price of SSGA Active 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 SSGA Active 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 SSGA Active, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
SSGA Active Estimiated After-Hype Price Volatility
In the context of predicting SSGA Active's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SSGA Active's historical news coverage. SSGA Active's after-hype downside and upside margins for the prediction period are 26.07 and 26.37, respectively. We have considered SSGA Active'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
SSGA Active is very steady at this time. Analysis and calculation of next after-hype price of SSGA Active Trust is based on 3 months time horizon.
SSGA Active Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as SSGA Active is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SSGA Active 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 SSGA Active, 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 |
0.02 | 0.15 | 0.00 | 0.00 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
26.20 | 26.22 | 0.00 |
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SSGA Active Hype Timeline
SSGA Active Trust is now traded for 26.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. SSGA is estimated 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 estimated to be very small, whereas the daily expected return is now at 0.02%. %. The volatility of related hype on SSGA Active is about 1500.0%, with the expected price after the next announcement by competition of 26.20. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 7 days. Check out Historical Fundamental Analysis of SSGA Active to cross-verify your projections.SSGA Active Related Hype Analysis
Having access to credible news sources related to SSGA Active's direct competition is more important than ever and may enhance your ability to predict SSGA Active's future price movements. Getting to know how SSGA Active'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 SSGA Active may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CSPF | Cohen Steers ETF | 0.02 | 1 per month | 0.16 | (0.18) | 0.35 | (0.42) | 0.97 | |
| DYLD | Two Roads Shared | 0.04 | 3 per month | 0.14 | (0.32) | 0.22 | (0.27) | 1.29 | |
| GHTA | Collaborative Investment Series | 0.01 | 3 per month | 0.00 | 0 | 0.58 | (0.42) | 1.34 | |
| KOOL | Spinnaker ETF Series | (0.08) | 3 per month | 0.84 | 0 | 1.12 | (1.66) | 3.22 | |
| CGHY | Capital Group Fixed | 0.00 | 0 per month | 0.00 | (0.25) | 0.24 | (0.16) | 0.64 | |
| ARCM | Arrow Reserve Capital | 0.06 | 3 per month | 0.00 | (1.68) | 0.06 | (0.04) | 0.18 | |
| QVOY | Ultimus Managers Trust | 0.06 | 3 per month | 1.64 | (0.01) | 1.52 | (1.66) | 9.20 | |
| GEME | Pacific North of | 0.00 | 0 per month | 0.45 | 0.24 | 1.87 | (1.31) | 4.23 | |
| NMB | Simplify Exchange Traded | 0.00 | 0 per month | 0.00 | (0.21) | 0.63 | (0.72) | 1.60 | |
| HYRM | DBX ETF Trust | (0.01) | 2 per month | 0.13 | (0.18) | 0.39 | (0.30) | 1.11 |
Other Forecasting Options for SSGA Active
For every potential investor in SSGA, whether a beginner or expert, SSGA Active's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SSGA Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SSGA. Basic forecasting techniques help filter out the noise by identifying SSGA Active's price trends.SSGA Active 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 SSGA Active etf to make a market-neutral strategy. Peer analysis of SSGA Active could also be used in its relative valuation, which is a method of valuing SSGA Active by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SSGA Active Market Strength Events
Market strength indicators help investors to evaluate how SSGA Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SSGA Active shares will generate the highest return on investment. By undertsting and applying SSGA Active etf market strength indicators, traders can identify SSGA Active Trust entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 26.2 | |||
| Day Typical Price | 26.2 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 58.69 |
SSGA Active Risk Indicators
The analysis of SSGA Active'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 SSGA Active's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ssga 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 | 0.1258 | |||
| Semi Deviation | 0.0725 | |||
| Standard Deviation | 0.1612 | |||
| Variance | 0.026 | |||
| Downside Variance | 0.0286 | |||
| Semi Variance | 0.0053 | |||
| Expected Short fall | (0.14) |
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 SSGA Active
The number of cover stories for SSGA Active depends on current market conditions and SSGA Active's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SSGA Active 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 SSGA Active'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 SSGA Active to cross-verify your projections. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Understanding SSGA Active Trust requires distinguishing between market price and book value, where the latter reflects SSGA's accounting equity. The concept of intrinsic value—what SSGA Active's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push SSGA Active's price substantially above or below its fundamental value.
It's important to distinguish between SSGA Active's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding SSGA Active should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, SSGA Active's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.