HCM Defender Etf Forecast - Naive Prediction
| LGH Etf | USD 54.07 0.47 0.88% |
The Naive Prediction forecasted value of HCM Defender 500 on the next trading day is expected to be 54.11 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 28.16. HCM Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of HCM Defender's historical fundamentals, such as revenue growth or operating cash flow patterns.
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HCM Defender Naive Prediction Price Forecast For the 2nd of December
Given 90 days horizon, the Naive Prediction forecasted value of HCM Defender 500 on the next trading day is expected to be 54.11 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.40, and the sum of the absolute errors of 28.16.Please note that although there have been many attempts to predict HCM 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 HCM Defender's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HCM Defender Etf Forecast Pattern
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HCM Defender Forecasted Value
In the context of forecasting HCM Defender'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. HCM Defender's downside and upside margins for the forecasting period are 53.16 and 55.07, respectively. We have considered HCM Defender'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 HCM Defender etf data series using in forecasting. Note that when a statistical model is used to represent HCM Defender 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 | 117.1915 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4616 |
| MAPE | Mean absolute percentage error | 0.009 |
| SAE | Sum of the absolute errors | 28.1563 |
Predictive Modules for HCM Defender
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HCM Defender 500. 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 HCM Defender
For every potential investor in HCM, whether a beginner or expert, HCM Defender's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HCM Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HCM. Basic forecasting techniques help filter out the noise by identifying HCM Defender's price trends.HCM Defender 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 HCM Defender etf to make a market-neutral strategy. Peer analysis of HCM Defender could also be used in its relative valuation, which is a method of valuing HCM Defender by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HCM Defender 500 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 HCM Defender'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 HCM Defender's current price.| Cycle Indicators | ||
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| Volume Indicators |
HCM Defender Market Strength Events
Market strength indicators help investors to evaluate how HCM Defender etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCM Defender shares will generate the highest return on investment. By undertsting and applying HCM Defender etf market strength indicators, traders can identify HCM Defender 500 entry and exit signals to maximize returns.
HCM Defender Risk Indicators
The analysis of HCM Defender'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 HCM Defender's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hcm 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 | 0.6814 | |||
| Semi Deviation | 0.7382 | |||
| Standard Deviation | 0.9563 | |||
| Variance | 0.9144 | |||
| Downside Variance | 0.9541 | |||
| Semi Variance | 0.545 | |||
| Expected Short fall | (0.74) |
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.
Currently Active Assets on Macroaxis
When determining whether HCM Defender 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCM Defender'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 Hcm Defender 500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Hcm Defender 500 Etf:Check out Historical Fundamental Analysis of HCM Defender to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of HCM Defender 500 is measured differently than its book value, which is the value of HCM that is recorded on the company's balance sheet. Investors also form their own opinion of HCM Defender's value that differs from its market value or its book value, called intrinsic value, which is HCM Defender'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 HCM Defender's market value can be influenced by many factors that don't directly affect HCM Defender'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 HCM Defender's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCM Defender is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCM Defender'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.