PeakShares RMR Etf Forward View - Double Exponential Smoothing
| PRMR Etf | 23.83 0.43 1.77% |
PeakShares Etf outlook is based on your current time horizon.
As of today the relative strength momentum indicator of PeakShares RMR's share price is below 20 indicating that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using PeakShares RMR hype-based prediction, you can estimate the value of PeakShares RMR Prime from the perspective of PeakShares RMR response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of PeakShares RMR Prime on the next trading day is expected to be 23.72 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 5.39. PeakShares RMR after-hype prediction price | USD 23.83 |
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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PeakShares RMR Additional Predictive Modules
Most predictive techniques to examine PeakShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PeakShares using various technical indicators. When you analyze PeakShares 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 |
PeakShares RMR Double Exponential Smoothing Price Forecast For the 7th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of PeakShares RMR Prime on the next trading day is expected to be 23.72 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.39.Please note that although there have been many attempts to predict PeakShares 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 PeakShares RMR's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PeakShares RMR Etf Forecast Pattern
| Backtest PeakShares RMR | PeakShares RMR Price Prediction | Research Analysis |
PeakShares RMR Forecasted Value
In the context of forecasting PeakShares RMR'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. PeakShares RMR's downside and upside margins for the forecasting period are 23.06 and 24.37, respectively. We have considered PeakShares RMR'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 PeakShares RMR etf data series using in forecasting. Note that when a statistical model is used to represent PeakShares RMR 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 | 0.0428 |
| MAD | Mean absolute deviation | 0.1382 |
| MAPE | Mean absolute percentage error | 0.0056 |
| SAE | Sum of the absolute errors | 5.3882 |
Predictive Modules for PeakShares RMR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PeakShares RMR Prime. 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.PeakShares RMR After-Hype Price Density Analysis
As far as predicting the price of PeakShares RMR 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 PeakShares RMR 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 PeakShares RMR, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PeakShares RMR Estimiated After-Hype Price Volatility
In the context of predicting PeakShares RMR's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PeakShares RMR's historical news coverage. PeakShares RMR's after-hype downside and upside margins for the prediction period are 23.18 and 24.48, respectively. We have considered PeakShares RMR'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
PeakShares RMR is very steady at this time. Analysis and calculation of next after-hype price of PeakShares RMR Prime is based on 3 months time horizon.
PeakShares RMR Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as PeakShares RMR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PeakShares RMR 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 PeakShares RMR, 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 |
0.11 | 0.65 | 0.01 | 0.00 | 5 Events / Month | 2 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
23.83 | 23.83 | 0.00 |
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PeakShares RMR Hype Timeline
PeakShares RMR Prime is at this time traded for 23.83. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. PeakShares is expected 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 expected to be very small, whereas the daily expected return is at this time at -0.11%. %. The volatility of related hype on PeakShares RMR is about 8357.14%, with the expected price after the next announcement by competition of 23.83. 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 about 5 days. Check out Historical Fundamental Analysis of PeakShares RMR to cross-verify your projections.PeakShares RMR Related Hype Analysis
Having access to credible news sources related to PeakShares RMR's direct competition is more important than ever and may enhance your ability to predict PeakShares RMR's future price movements. Getting to know how PeakShares RMR'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 PeakShares RMR may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DHDG | FT Vest Equity | 0.03 | 8 per month | 0.39 | (0.05) | 0.60 | (0.75) | 1.88 | |
| MBCC | Northern Lights | 0.02 | 3 per month | 0.00 | (0.07) | 1.17 | (1.44) | 3.34 | |
| DHLX | Diamond Hill Funds | 0.00 | 0 per month | 0.57 | 0.05 | 1.34 | (0.96) | 3.59 | |
| DIHP | Dimensional International High | 0.08 | 6 per month | 0.59 | 0.11 | 1.07 | (1.08) | 2.88 | |
| DIVE | Tidal Trust I | 0.01 | 6 per month | 0.54 | 0.13 | 1.43 | (0.99) | 4.25 | |
| DIVN | Horizon Funds | (0.05) | 2 per month | 0.28 | 0.20 | 1.34 | (0.97) | 3.00 | |
| DJAN | First Trust Exchange Traded | 0.04 | 3 per month | 0.29 | (0.06) | 0.53 | (0.51) | 2.07 | |
| MDLV | EA Series Trust | 0.06 | 1 per month | 0.37 | 0.18 | 1.03 | (0.99) | 2.34 | |
| DJUL | FT Cboe Vest | (0.12) | 3 per month | 0.26 | (0.11) | 0.43 | (0.53) | 1.61 |
Other Forecasting Options for PeakShares RMR
For every potential investor in PeakShares, whether a beginner or expert, PeakShares RMR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PeakShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PeakShares. Basic forecasting techniques help filter out the noise by identifying PeakShares RMR's price trends.PeakShares RMR 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 PeakShares RMR etf to make a market-neutral strategy. Peer analysis of PeakShares RMR could also be used in its relative valuation, which is a method of valuing PeakShares RMR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PeakShares RMR Market Strength Events
Market strength indicators help investors to evaluate how PeakShares RMR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PeakShares RMR shares will generate the highest return on investment. By undertsting and applying PeakShares RMR etf market strength indicators, traders can identify PeakShares RMR Prime entry and exit signals to maximize returns.
PeakShares RMR Risk Indicators
The analysis of PeakShares RMR'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 PeakShares RMR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peakshares 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 | 0.507 | |||
| Standard Deviation | 0.6599 | |||
| Variance | 0.4355 |
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 PeakShares RMR
The number of cover stories for PeakShares RMR depends on current market conditions and PeakShares RMR's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PeakShares RMR 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 PeakShares RMR's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Check out Historical Fundamental Analysis of PeakShares RMR to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
PeakShares RMR Prime's market price often diverges from its book value, the accounting figure shown on PeakShares's balance sheet. Smart investors calculate PeakShares RMR's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since PeakShares RMR's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between PeakShares RMR's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PeakShares RMR should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, PeakShares RMR'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.