Lyxor 1 Etf Forecast - Simple Exponential Smoothing

E908 Etf  EUR 25.17  0.16  0.63%   
The Simple Exponential Smoothing forecasted value of Lyxor 1 on the next trading day is expected to be 25.17 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.47. Lyxor Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Lyxor 1's historical fundamentals, such as revenue growth or operating cash flow patterns.
Most investors in Lyxor 1 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 Lyxor 1's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lyxor 1's price structures and extracts relationships that further increase the generated results' accuracy.
Lyxor 1 simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Lyxor 1 are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Lyxor 1 prices get older.

Lyxor 1 Simple Exponential Smoothing Price Forecast For the 14th of June 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lyxor 1 on the next trading day is expected to be 25.17 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.47.
Please note that although there have been many attempts to predict Lyxor 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 Lyxor 1's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lyxor 1 Etf Forecast Pattern

Backtest Lyxor 1Lyxor 1 Price PredictionBuy or Sell Advice 

Lyxor 1 Forecasted Value

In the context of forecasting Lyxor 1'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. Lyxor 1's downside and upside margins for the forecasting period are 24.27 and 26.07, respectively. We have considered Lyxor 1'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.
Market Value
Expected Value

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 Lyxor 1 etf data series using in forecasting. Note that when a statistical model is used to represent Lyxor 1 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.
AICAkaike Information Criteria113.2462
BiasArithmetic mean of the errors -0.0012
MADMean absolute deviation0.1745
MAPEMean absolute percentage error0.0071
SAESum of the absolute errors10.47
This simple exponential smoothing model begins by setting Lyxor 1 forecast for the second period equal to the observation of the first period. In other words, recent Lyxor 1 observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Lyxor 1

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lyxor 1. 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 Lyxor 1'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.
Band Projection (param)
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lyxor 1. Your research has to be compared to or analyzed against Lyxor 1's peers to derive any actionable benefits. When done correctly, Lyxor 1's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lyxor 1.

Other Forecasting Options for Lyxor 1

For every potential investor in Lyxor, whether a beginner or expert, Lyxor 1's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lyxor Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lyxor. Basic forecasting techniques help filter out the noise by identifying Lyxor 1's price trends.

Lyxor 1 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 Lyxor 1 etf to make a market-neutral strategy. Peer analysis of Lyxor 1 could also be used in its relative valuation, which is a method of valuing Lyxor 1 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Lyxor 1 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 Lyxor 1'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 Lyxor 1's current price.

Lyxor 1 Market Strength Events

Market strength indicators help investors to evaluate how Lyxor 1 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lyxor 1 shares will generate the highest return on investment. By undertsting and applying Lyxor 1 etf market strength indicators, traders can identify Lyxor 1 entry and exit signals to maximize returns.

Lyxor 1 Risk Indicators

The analysis of Lyxor 1'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 Lyxor 1's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lyxor 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.
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

Other Information on Investing in Lyxor Etf

Lyxor 1 financial ratios help investors to determine whether Lyxor 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 Lyxor with respect to the benefits of owning Lyxor 1 security.