Affinity World Etf Forecast - Simple Exponential Smoothing
| WLDR Etf | USD 37.17 0.22 0.59% |
The Simple Exponential Smoothing forecasted value of Affinity World Leaders on the next trading day is expected to be 37.17 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.75. Affinity Etf Forecast is based on your current time horizon.
The relative strength momentum indicator of Affinity World's etf price is slightly above 61. This entails that the etf is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Affinity, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
Using Affinity World hype-based prediction, you can estimate the value of Affinity World Leaders from the perspective of Affinity World response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Affinity World Leaders on the next trading day is expected to be 37.17 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.75. Affinity World after-hype prediction price | USD 37.1 |
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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Affinity World Additional Predictive Modules
Most predictive techniques to examine Affinity price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Affinity using various technical indicators. When you analyze Affinity 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 |
Affinity World Simple Exponential Smoothing Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Affinity World Leaders on the next trading day is expected to be 37.17 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.10, and the sum of the absolute errors of 15.75.Please note that although there have been many attempts to predict Affinity 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 Affinity World's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Affinity World Etf Forecast Pattern
| Backtest Affinity World | Affinity World Price Prediction | Buy or Sell Advice |
Affinity World Forecasted Value
In the context of forecasting Affinity World'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. Affinity World's downside and upside margins for the forecasting period are 36.25 and 38.09, respectively. We have considered Affinity World'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Affinity World etf data series using in forecasting. Note that when a statistical model is used to represent Affinity World 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 | 114.0114 |
| Bias | Arithmetic mean of the errors | -0.0532 |
| MAD | Mean absolute deviation | 0.2625 |
| MAPE | Mean absolute percentage error | 0.0075 |
| SAE | Sum of the absolute errors | 15.75 |
Predictive Modules for Affinity World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Affinity World Leaders. 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 Affinity World'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.
Affinity World After-Hype Price Prediction Density Analysis
As far as predicting the price of Affinity World 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 Affinity World 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 Affinity World, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Affinity World Estimiated After-Hype Price Volatility
In the context of predicting Affinity World's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Affinity World's historical news coverage. Affinity World's after-hype downside and upside margins for the prediction period are 36.18 and 38.02, respectively. We have considered Affinity World'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
Affinity World is very steady at this time. Analysis and calculation of next after-hype price of Affinity World Leaders is based on 3 months time horizon.
Affinity World Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Affinity World is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Affinity World 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 Affinity World, 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 |
0.15 | 0.92 | 0.07 | 0.03 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
37.17 | 37.10 | 0.19 |
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Affinity World Hype Timeline
Affinity World Leaders is at this time traded for 37.17. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 0.03. Affinity is forecasted to decline in value after the next headline, with the price expected to drop to 37.1. The average volatility of media hype impact on the company price is about 200.0%. The price decrease on the next news is expected to be -0.19%, whereas the daily expected return is at this time at 0.15%. The volatility of related hype on Affinity World is about 544.38%, with the expected price after the next announcement by competition of 37.20. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days. Check out Historical Fundamental Analysis of Affinity World to cross-verify your projections.Affinity World Related Hype Analysis
Having access to credible news sources related to Affinity World's direct competition is more important than ever and may enhance your ability to predict Affinity World's future price movements. Getting to know how Affinity World'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 Affinity World may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DEEF | Xtrackers FTSE Developed | 0.00 | 0 per month | 0.43 | 0.04 | 1.13 | (0.84) | 2.82 | |
| KDEF | Exchange Listed Funds | 0.51 | 1 per month | 1.99 | 0.15 | 4.16 | (3.07) | 8.93 | |
| PYZ | Invesco DWA Basic | (0.04) | 3 per month | 1.45 | 0.11 | 2.90 | (2.49) | 7.11 | |
| HRTS | Tema Cardiovascular and | 0.00 | 0 per month | 0.39 | 0.13 | 1.88 | (1.10) | 4.08 | |
| FLGR | Franklin FTSE Germany | 0.11 | 1 per month | 0.84 | (0.04) | 1.31 | (1.49) | 3.57 | |
| AHLT | American Beacon Select | (0.04) | 1 per month | 0.96 | 0.10 | 2.21 | (1.58) | 5.63 | |
| PUI | Invesco DWA Utilities | 0.08 | 5 per month | 0.00 | (0.22) | 1.29 | (1.71) | 3.64 | |
| FDFF | Fidelity Disruptive Finance | 0.00 | 0 per month | 1.10 | (0.08) | 1.58 | (1.80) | 4.28 | |
| FTWO | EA Series Trust | 1.07 | 1 per month | 1.21 | 0.04 | 1.85 | (2.41) | 4.29 | |
| XFLX | FundX Investment Trust | 0.00 | 0 per month | 0.17 | (0.44) | 0.40 | (0.36) | 0.99 |
Other Forecasting Options for Affinity World
For every potential investor in Affinity, whether a beginner or expert, Affinity World's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Affinity Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Affinity. Basic forecasting techniques help filter out the noise by identifying Affinity World's price trends.Affinity World 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 Affinity World etf to make a market-neutral strategy. Peer analysis of Affinity World could also be used in its relative valuation, which is a method of valuing Affinity World by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Affinity World Market Strength Events
Market strength indicators help investors to evaluate how Affinity World etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Affinity World shares will generate the highest return on investment. By undertsting and applying Affinity World etf market strength indicators, traders can identify Affinity World Leaders entry and exit signals to maximize returns.
Affinity World Risk Indicators
The analysis of Affinity World'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 Affinity World's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting affinity 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 | 0.7128 | |||
| Semi Deviation | 0.7021 | |||
| Standard Deviation | 0.9004 | |||
| Variance | 0.8108 | |||
| Downside Variance | 0.9684 | |||
| Semi Variance | 0.493 | |||
| Expected Short fall | (0.73) |
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 Affinity World
The number of cover stories for Affinity World depends on current market conditions and Affinity World's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Affinity World 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 Affinity World'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 Affinity World to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Affinity World Leaders is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity World's value that differs from its market value or its book value, called intrinsic value, which is Affinity World'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 Affinity World's market value can be influenced by many factors that don't directly affect Affinity World'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 Affinity World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity World'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.