Psagot Index Etf Forecast - 4 Period Moving Average

A four-period moving average forecast model for Psagot Index Funds is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Psagot Index 4 Period Moving Average Price Forecast For the 4th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Psagot Index Funds on the next trading day is expected to be 16,600 with a mean absolute deviation of 164.08, mean absolute percentage error of 48,028, and the sum of the absolute errors of 9,352.

Psagot Index Etf Forecast Pattern

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 Psagot Index etf data series using in forecasting. Note that when a statistical model is used to represent Psagot Index 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. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Psagot Index. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Psagot Index Funds and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Psagot Index

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Psagot Index 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 Low Estimated High 16,789 16,790 16,791 Details

Intrinsic Valuation Low Real High 16,583 16,584 18,469 Details

Bollinger Band Projection (param) Low Middle High 16,427 16,610 16,793 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Psagot Index. Your research has to be compared to or analyzed against Psagot Index's peers to derive any actionable benefits. When done correctly, Psagot Index'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 Psagot Index Funds.

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Risk & Return

Correlation

Psagot Index Market Strength Events

Psagot Index Risk Indicators

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Psagot Etf