VanEck BDC Etf Forecast - Simple Moving Average
| BIZD Etf | USD 16.70 0.02 0.12% |
The Simple Moving Average forecasted value of VanEck BDC Income on the next trading day is expected to be 16.69 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.11. VanEck Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VanEck BDC stock prices and determine the direction of VanEck BDC Income's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VanEck BDC's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VanEck BDC to cross-verify your projections. VanEck |
Open Interest Against 2024-05-17 VanEck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck BDC'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 VanEck BDC's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck BDC 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 VanEck BDC's open interest, investors have to compare it to VanEck BDC'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 VanEck BDC 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 VanEck. 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.
Most investors in VanEck BDC cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the VanEck BDC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck BDC's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for VanEck BDC is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. VanEck BDC Simple Moving Average Price Forecast For the 25th of April
Given 90 days horizon, the Simple Moving Average forecasted value of VanEck BDC Income on the next trading day is expected to be 16.69 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.11.Please note that although there have been many attempts to predict VanEck 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 VanEck BDC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
VanEck BDC Etf Forecast Pattern
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VanEck BDC Forecasted Value
In the context of forecasting VanEck BDC'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. VanEck BDC's downside and upside margins for the forecasting period are 15.83 and 17.55, respectively. We have considered VanEck BDC'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 VanEck BDC etf data series using in forecasting. Note that when a statistical model is used to represent VanEck BDC 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 | 110.548 |
| Bias | Arithmetic mean of the errors | -0.0198 |
| MAD | Mean absolute deviation | 0.1036 |
| MAPE | Mean absolute percentage error | 0.0064 |
| SAE | Sum of the absolute errors | 6.11 |
Predictive Modules for VanEck BDC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck BDC me. 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 VanEck BDC'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.
Other Forecasting Options for VanEck BDC
For every potential investor in VanEck, whether a beginner or expert, VanEck BDC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck BDC's price trends.VanEck BDC 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 VanEck BDC etf to make a market-neutral strategy. Peer analysis of VanEck BDC could also be used in its relative valuation, which is a method of valuing VanEck BDC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck BDC me 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 VanEck BDC'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 VanEck BDC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VanEck BDC Market Strength Events
Market strength indicators help investors to evaluate how VanEck BDC etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck BDC shares will generate the highest return on investment. By undertsting and applying VanEck BDC etf market strength indicators, traders can identify VanEck BDC Income entry and exit signals to maximize returns.
VanEck BDC Risk Indicators
The analysis of VanEck BDC'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 VanEck BDC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck 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 | 0.5665 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 0.848 | |||
| Variance | 0.7191 | |||
| Downside Variance | 1.22 | |||
| Semi Variance | 1.0 | |||
| Expected Short fall | (0.53) |
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.
Pair Trading with VanEck BDC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck BDC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck BDC will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
| 0.61 | XLF | Financial Select Sector Sell-off Trend | PairCorr |
| 0.61 | VFH | Vanguard Financials Index | PairCorr |
| 0.61 | KBE | SPDR SP Bank | PairCorr |
| 0.64 | IYF | iShares Financials ETF | PairCorr |
Moving against VanEck Etf
| 0.65 | BME | BlackRock Health Sciences | PairCorr |
| 0.58 | HUM | Humana Inc Financial Report 7th of August 2024 | PairCorr |
The ability to find closely correlated positions to VanEck BDC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck BDC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck BDC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck BDC Income to buy it.
The correlation of VanEck BDC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck BDC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck BDC me moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck BDC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of VanEck BDC to cross-verify your projections. Note that the VanEck BDC me information on this page should be used as a complementary analysis to other VanEck BDC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of VanEck BDC me is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck BDC's value that differs from its market value or its book value, called intrinsic value, which is VanEck BDC'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 VanEck BDC's market value can be influenced by many factors that don't directly affect VanEck BDC'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 VanEck BDC's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck BDC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck BDC'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.