Hoya Capital Etf Forecast - Naive Prediction

RIET Etf  USD 9.60  0.20  2.13%   
The Naive Prediction forecasted value of Hoya Capital High on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.72. Hoya Etf Forecast is based on your current time horizon.
The relative strength momentum indicator of Hoya Capital's etf price is slightly above 62 indicating that the etf is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Hoya, making its price go up or down.

Momentum 62

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Hoya Capital's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Hoya Capital High, which may create opportunities for some arbitrage if properly timed.
Using Hoya Capital hype-based prediction, you can estimate the value of Hoya Capital High from the perspective of Hoya Capital response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Hoya Capital using Hoya Capital's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Hoya using crowd psychology based on the activity and movement of Hoya Capital's stock price.

Hoya Capital Implied Volatility

    
  0.82  
Hoya Capital's implied volatility exposes the market's sentiment of Hoya Capital High stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hoya Capital's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hoya Capital stock will not fluctuate a lot when Hoya Capital's options are near their expiration.
The Naive Prediction forecasted value of Hoya Capital High on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.72.

Hoya Capital after-hype prediction price

    
  USD 9.53  
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 Hoya Capital to cross-verify your projections.

Open Interest Against 2026-04-17 Hoya Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Hoya Capital's 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 Hoya Capital's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hoya Capital 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 Hoya Capital's open interest, investors have to compare it to Hoya Capital's 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 Hoya Capital 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 Hoya. 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.

Hoya Capital Additional Predictive Modules

Most predictive techniques to examine Hoya price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hoya using various technical indicators. When you analyze Hoya 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.
A naive forecasting model for Hoya Capital is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Hoya Capital High value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Hoya Capital Naive Prediction Price Forecast For the 10th of January

Given 90 days horizon, the Naive Prediction forecasted value of Hoya Capital High on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.72.
Please note that although there have been many attempts to predict Hoya 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 Hoya Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hoya Capital Etf Forecast Pattern

Backtest Hoya CapitalHoya Capital Price PredictionBuy or Sell Advice 

Hoya Capital Forecasted Value

In the context of forecasting Hoya Capital'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. Hoya Capital's downside and upside margins for the forecasting period are 8.95 and 10.51, respectively. We have considered Hoya Capital'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.
Market Value
9.60
9.73
Expected Value
10.51
Upside

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 Hoya Capital etf data series using in forecasting. Note that when a statistical model is used to represent Hoya Capital 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.
AICAkaike Information Criteria112.9933
BiasArithmetic mean of the errors None
MADMean absolute deviation0.061
MAPEMean absolute percentage error0.0066
SAESum of the absolute errors3.7223
This model is not at all useful as a medium-long range forecasting tool of Hoya Capital High. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Hoya Capital. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Hoya Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hoya Capital High. 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 Hoya Capital'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.
Hype
Prediction
LowEstimatedHigh
8.759.5310.31
Details
Intrinsic
Valuation
LowRealHigh
8.689.4610.24
Details

Other Forecasting Options for Hoya Capital

For every potential investor in Hoya, whether a beginner or expert, Hoya Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hoya Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hoya. Basic forecasting techniques help filter out the noise by identifying Hoya Capital's price trends.

Hoya Capital 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 Hoya Capital etf to make a market-neutral strategy. Peer analysis of Hoya Capital could also be used in its relative valuation, which is a method of valuing Hoya Capital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hoya Capital High 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 Hoya Capital's 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 Hoya Capital's current price.

Hoya Capital Market Strength Events

Market strength indicators help investors to evaluate how Hoya Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoya Capital shares will generate the highest return on investment. By undertsting and applying Hoya Capital etf market strength indicators, traders can identify Hoya Capital High entry and exit signals to maximize returns.

Hoya Capital Risk Indicators

The analysis of Hoya Capital'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 Hoya Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hoya 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether Hoya Capital High is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hoya Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hoya Capital High Etf. Highlighted below are key reports to facilitate an investment decision about Hoya Capital High Etf:
Check out Historical Fundamental Analysis of Hoya Capital to cross-verify your projections.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Hoya Capital High is measured differently than its book value, which is the value of Hoya that is recorded on the company's balance sheet. Investors also form their own opinion of Hoya Capital's value that differs from its market value or its book value, called intrinsic value, which is Hoya Capital'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 Hoya Capital's market value can be influenced by many factors that don't directly affect Hoya Capital'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 Hoya Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoya Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoya Capital'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.