Overlay Shares Etf Forecast - 4 Period Moving Average
| OVLH Etf | USD 34.90 0.19 0.55% |
The 4 Period Moving Average forecasted value of Overlay Shares Hedged on the next trading day is expected to be 34.84 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.07. Overlay Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Overlay Shares' historical fundamentals, such as revenue growth or operating cash flow patterns.
Overlay |
Open Interest Against 2024-12-20 Overlay Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Overlay Shares' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Overlay Shares' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Overlay Shares stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Overlay Shares' open interest, investors have to compare it to Overlay Shares' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Overlay Shares is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Overlay. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Overlay Shares 4 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 4 Period Moving Average forecasted value of Overlay Shares Hedged on the next trading day is expected to be 34.84 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.07, and the sum of the absolute errors of 11.07.Please note that although there have been many attempts to predict Overlay 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 Overlay Shares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Overlay Shares Etf Forecast Pattern
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Overlay Shares Forecasted Value
In the context of forecasting Overlay Shares' 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. Overlay Shares' downside and upside margins for the forecasting period are 34.35 and 35.32, respectively. We have considered Overlay Shares' 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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Overlay Shares etf data series using in forecasting. Note that when a statistical model is used to represent Overlay Shares 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 | 108.0725 |
| Bias | Arithmetic mean of the errors | -0.0969 |
| MAD | Mean absolute deviation | 0.1941 |
| MAPE | Mean absolute percentage error | 0.0057 |
| SAE | Sum of the absolute errors | 11.065 |
Predictive Modules for Overlay Shares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overlay Shares Hedged. 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 Overlay Shares
For every potential investor in Overlay, whether a beginner or expert, Overlay Shares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Overlay Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Overlay. Basic forecasting techniques help filter out the noise by identifying Overlay Shares' price trends.Overlay Shares 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 Overlay Shares etf to make a market-neutral strategy. Peer analysis of Overlay Shares could also be used in its relative valuation, which is a method of valuing Overlay Shares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Overlay Shares Hedged 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 Overlay Shares' 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 Overlay Shares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Overlay Shares Market Strength Events
Market strength indicators help investors to evaluate how Overlay Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Overlay Shares shares will generate the highest return on investment. By undertsting and applying Overlay Shares etf market strength indicators, traders can identify Overlay Shares Hedged entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 34.9 | |||
| Day Typical Price | 34.9 | |||
| Price Action Indicator | 0.095 | |||
| Period Momentum Indicator | 0.19 | |||
| Relative Strength Index | 73.56 |
Overlay Shares Risk Indicators
The analysis of Overlay Shares' 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 Overlay Shares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting overlay 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 | 0.3704 | |||
| Semi Deviation | 0.3446 | |||
| Standard Deviation | 0.5032 | |||
| Variance | 0.2533 | |||
| Downside Variance | 0.2616 | |||
| Semi Variance | 0.1188 | |||
| Expected Short fall | (0.40) |
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.
Currently Active Assets on Macroaxis
When determining whether Overlay Shares Hedged offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Overlay Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Overlay Shares Hedged Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Overlay Shares Hedged Etf:Check out Historical Fundamental Analysis of Overlay Shares to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Overlay Shares Hedged is measured differently than its book value, which is the value of Overlay that is recorded on the company's balance sheet. Investors also form their own opinion of Overlay Shares' value that differs from its market value or its book value, called intrinsic value, which is Overlay Shares' 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 Overlay Shares' market value can be influenced by many factors that don't directly affect Overlay Shares' 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 Overlay Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Overlay Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overlay Shares' 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.