LS 1x Etf Forecast - Naive Prediction
| COI1 Etf | 5.63 0.13 2.36% |
The Naive Prediction forecasted value of LS 1x Coinbase on the next trading day is expected to be 5.63 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 16.00. COI1 Etf Forecast is based on your current time horizon.
COI1 |
LS 1x Naive Prediction Price Forecast For the 6th of January
Given 90 days horizon, the Naive Prediction forecasted value of LS 1x Coinbase on the next trading day is expected to be 5.63 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.15, and the sum of the absolute errors of 16.00.Please note that although there have been many attempts to predict COI1 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 LS 1x's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LS 1x Etf Forecast Pattern
| Backtest LS 1x | LS 1x Price Prediction | Buy or Sell Advice |
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 LS 1x etf data series using in forecasting. Note that when a statistical model is used to represent LS 1x 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 | 116.1967 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2623 |
| MAPE | Mean absolute percentage error | 0.0523 |
| SAE | Sum of the absolute errors | 16.0005 |
Predictive Modules for LS 1x
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LS 1x Coinbase. 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.LS 1x 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 LS 1x etf to make a market-neutral strategy. Peer analysis of LS 1x could also be used in its relative valuation, which is a method of valuing LS 1x by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LS 1x Market Strength Events
Market strength indicators help investors to evaluate how LS 1x etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LS 1x shares will generate the highest return on investment. By undertsting and applying LS 1x etf market strength indicators, traders can identify LS 1x Coinbase entry and exit signals to maximize returns.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in COI1 Etf
LS 1x financial ratios help investors to determine whether COI1 Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COI1 with respect to the benefits of owning LS 1x security.