REX VolMAXX Etf Forecast - Simple Moving Average
| VMAX Etf | 56.10 0.29 0.52% |
The Simple Moving Average forecasted value of REX VolMAXX Long on the next trading day is expected to be 55.95 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.41. REX Etf Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of REX VolMAXX's share price is below 20 . This entails 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 REX VolMAXX hype-based prediction, you can estimate the value of REX VolMAXX Long from the perspective of REX VolMAXX response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of REX VolMAXX Long on the next trading day is expected to be 55.95 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.41. REX VolMAXX after-hype prediction price | USD 55.8 |
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 REX VolMAXX to cross-verify your projections. REX VolMAXX Additional Predictive Modules
Most predictive techniques to examine REX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for REX using various technical indicators. When you analyze REX 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 |
REX VolMAXX Simple Moving Average Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Moving Average forecasted value of REX VolMAXX Long on the next trading day is expected to be 55.95 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.25, and the sum of the absolute errors of 24.41.Please note that although there have been many attempts to predict REX 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 REX VolMAXX's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
REX VolMAXX Etf Forecast Pattern
| Backtest REX VolMAXX | REX VolMAXX Price Prediction | Buy or Sell Advice |
REX VolMAXX Forecasted Value
In the context of forecasting REX VolMAXX'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. REX VolMAXX's downside and upside margins for the forecasting period are 55.13 and 56.78, respectively. We have considered REX VolMAXX'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of REX VolMAXX etf data series using in forecasting. Note that when a statistical model is used to represent REX VolMAXX 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 | 113.0652 |
| Bias | Arithmetic mean of the errors | -0.0681 |
| MAD | Mean absolute deviation | 0.4137 |
| MAPE | Mean absolute percentage error | 0.0077 |
| SAE | Sum of the absolute errors | 24.41 |
Predictive Modules for REX VolMAXX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REX VolMAXX Long. 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 REX VolMAXX
For every potential investor in REX, whether a beginner or expert, REX VolMAXX's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. REX Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in REX. Basic forecasting techniques help filter out the noise by identifying REX VolMAXX's price trends.REX VolMAXX 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 REX VolMAXX etf to make a market-neutral strategy. Peer analysis of REX VolMAXX could also be used in its relative valuation, which is a method of valuing REX VolMAXX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
REX VolMAXX Long 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 REX VolMAXX'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 REX VolMAXX's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
REX VolMAXX Market Strength Events
Market strength indicators help investors to evaluate how REX VolMAXX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading REX VolMAXX shares will generate the highest return on investment. By undertsting and applying REX VolMAXX etf market strength indicators, traders can identify REX VolMAXX Long entry and exit signals to maximize returns.
REX VolMAXX Risk Indicators
The analysis of REX VolMAXX'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 REX VolMAXX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rex 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 | 0.6648 | |||
| Semi Deviation | 0.6993 | |||
| Standard Deviation | 0.8113 | |||
| Variance | 0.6583 | |||
| Downside Variance | 0.7368 | |||
| Semi Variance | 0.489 | |||
| Expected Short fall | (0.71) |
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.
Also Currently Popular
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.When determining whether REX VolMAXX Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX VolMAXX's 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 Rex Volmaxx Long Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Volmaxx Long Etf:Check out Historical Fundamental Analysis of REX VolMAXX to cross-verify your projections. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX'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 REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX'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 REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX'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.