Defiance Nasdaq Etf Forecast - Naive Prediction
| QLDY Etf | 46.19 0.04 0.09% |
The Naive Prediction forecasted value of Defiance Nasdaq 100 on the next trading day is expected to be 46.57 with a mean absolute deviation of 0.56 and the sum of the absolute errors of 34.62. Defiance Etf Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of Defiance Nasdaq'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 Defiance Nasdaq hype-based prediction, you can estimate the value of Defiance Nasdaq 100 from the perspective of Defiance Nasdaq response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Defiance Nasdaq 100 on the next trading day is expected to be 46.57 with a mean absolute deviation of 0.56 and the sum of the absolute errors of 34.62. Defiance Nasdaq after-hype prediction price | USD 46.2 |
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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Defiance Nasdaq Additional Predictive Modules
Most predictive techniques to examine Defiance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Defiance using various technical indicators. When you analyze Defiance 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 |
Defiance Nasdaq Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of Defiance Nasdaq 100 on the next trading day is expected to be 46.57 with a mean absolute deviation of 0.56, mean absolute percentage error of 0.50, and the sum of the absolute errors of 34.62.Please note that although there have been many attempts to predict Defiance 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 Defiance Nasdaq's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Defiance Nasdaq Etf Forecast Pattern
| Backtest Defiance Nasdaq | Defiance Nasdaq Price Prediction | Buy or Sell Advice |
Defiance Nasdaq Forecasted Value
In the context of forecasting Defiance Nasdaq'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. Defiance Nasdaq's downside and upside margins for the forecasting period are 45.43 and 47.72, respectively. We have considered Defiance Nasdaq'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Defiance Nasdaq etf data series using in forecasting. Note that when a statistical model is used to represent Defiance Nasdaq 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 | 119.2495 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5584 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 34.6187 |
Predictive Modules for Defiance Nasdaq
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Defiance Nasdaq 100. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance Nasdaq's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Defiance Nasdaq After-Hype Price Prediction Density Analysis
As far as predicting the price of Defiance Nasdaq 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 Defiance Nasdaq 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 Defiance Nasdaq, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Defiance Nasdaq Estimiated After-Hype Price Volatility
In the context of predicting Defiance Nasdaq's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Defiance Nasdaq's historical news coverage. Defiance Nasdaq's after-hype downside and upside margins for the prediction period are 45.05 and 47.35, respectively. We have considered Defiance Nasdaq'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
Defiance Nasdaq is very steady at this time. Analysis and calculation of next after-hype price of Defiance Nasdaq 100 is based on 3 months time horizon.
Defiance Nasdaq Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Defiance Nasdaq is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Defiance Nasdaq 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 Defiance Nasdaq, 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 |
0.09 | 1.15 | 0.01 | 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 | ||
46.19 | 46.20 | 0.02 |
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Defiance Nasdaq Hype Timeline
Defiance Nasdaq 100 is at this time traded for 46.19. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.01. Defiance is forecasted to increase in value after the next headline, with the price projected to jump to 46.2 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.02%, whereas the daily expected return is at this time at -0.09%. The volatility of related hype on Defiance Nasdaq is about 877.86%, with the expected price after the next announcement by competition of 46.20. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Defiance Nasdaq to cross-verify your projections.Defiance Nasdaq Related Hype Analysis
Having access to credible news sources related to Defiance Nasdaq's direct competition is more important than ever and may enhance your ability to predict Defiance Nasdaq's future price movements. Getting to know how Defiance Nasdaq'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 Defiance Nasdaq may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WCPB | Northern Lights | (0.03) | 2 per month | 0.17 | (0.33) | 0.31 | (0.35) | 0.94 | |
| QCML | GraniteShares 2x Long | 1.77 | 3 per month | 0.00 | (0.05) | 7.14 | (7.36) | 31.78 | |
| JOJO | Tidal ETF Trust | 0.02 | 3 per month | 0.31 | (0.21) | 0.45 | (0.45) | 1.53 | |
| BERZ | MicroSectors Solactive FANG | (0.07) | 1 per month | 0.00 | (0.03) | 9.16 | (7.09) | 26.04 | |
| GAST | Gabelli ETFs Trust | (0.01) | 1 per month | 0.00 | (0.14) | 1.25 | (1.51) | 3.87 | |
| AETH | Bitwise Funds Trust | (0.08) | 1 per month | 0.00 | (0.15) | 3.69 | (4.62) | 14.85 | |
| INDH | WisdomTree India Hedged | (0.29) | 1 per month | 0.00 | (0.20) | 0.92 | (1.10) | 2.80 | |
| PFFL | ETRACS 2xMonthly Pay | 0.07 | 13 per month | 0.98 | (0.06) | 1.31 | (1.62) | 5.24 | |
| LMBO | Direxion Shares ETF | (0.07) | 4 per month | 0.00 | (0.10) | 10.98 | (10.61) | 27.15 | |
| ANEL | Defiance Daily Target | 0.00 | 0 per month | 0.00 | (0.05) | 8.74 | (9.36) | 25.31 |
Other Forecasting Options for Defiance Nasdaq
For every potential investor in Defiance, whether a beginner or expert, Defiance Nasdaq's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Defiance Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Defiance. Basic forecasting techniques help filter out the noise by identifying Defiance Nasdaq's price trends.Defiance Nasdaq 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 Defiance Nasdaq etf to make a market-neutral strategy. Peer analysis of Defiance Nasdaq could also be used in its relative valuation, which is a method of valuing Defiance Nasdaq by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Defiance Nasdaq Market Strength Events
Market strength indicators help investors to evaluate how Defiance Nasdaq etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Defiance Nasdaq shares will generate the highest return on investment. By undertsting and applying Defiance Nasdaq etf market strength indicators, traders can identify Defiance Nasdaq 100 entry and exit signals to maximize returns.
| Accumulation Distribution | 179.11 | |||
| Daily Balance Of Power | 0.0816 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 46.11 | |||
| Day Typical Price | 46.13 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.04 |
Defiance Nasdaq Risk Indicators
The analysis of Defiance Nasdaq'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 Defiance Nasdaq's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting defiance 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 | 0.8688 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 |
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 Defiance Nasdaq
The number of cover stories for Defiance Nasdaq depends on current market conditions and Defiance Nasdaq's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Defiance Nasdaq 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 Defiance Nasdaq'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 Defiance Nasdaq to cross-verify your projections. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Defiance Nasdaq 100 is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Defiance Nasdaq's 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 Defiance Nasdaq's market value can be influenced by many factors that don't directly affect Defiance Nasdaq's 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 Defiance Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Nasdaq'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.