VanEck Energy Etf Forecast - 4 Period Moving Average

EINC Etf  USD 75.49  0.52  0.69%   
The 4 Period Moving Average forecasted value of VanEck Energy Income on the next trading day is expected to be 75.22 with a mean absolute deviation of  0.65  and the sum of the absolute errors of 37.99. VanEck Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VanEck Energy stock prices and determine the direction of VanEck Energy Income's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VanEck Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VanEck Energy to cross-verify your projections.
  

Open Interest Against 2024-04-19 VanEck Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Energy'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 Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Energy 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 Energy's open interest, investors have to compare it to VanEck Energy'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 Energy 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 Energy 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 Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck Energy's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for VanEck Energy Income is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

VanEck Energy 4 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 4 Period Moving Average forecasted value of VanEck Energy Income on the next trading day is expected to be 75.22 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.62, and the sum of the absolute errors of 37.99.
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 Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

VanEck Energy Etf Forecast Pattern

Backtest VanEck EnergyVanEck Energy Price PredictionBuy or Sell Advice 

VanEck Energy Forecasted Value

In the context of forecasting VanEck Energy'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 Energy's downside and upside margins for the forecasting period are 74.47 and 75.96, respectively. We have considered VanEck Energy'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
75.49
75.22
Expected Value
75.96
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of VanEck Energy etf data series using in forecasting. Note that when a statistical model is used to represent VanEck Energy 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 Criteria112.1164
BiasArithmetic mean of the errors -0.3004
MADMean absolute deviation0.655
MAPEMean absolute percentage error0.0093
SAESum of the absolute errors37.99
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of VanEck Energy. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for VanEck Energy Income and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for VanEck Energy

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 Energy 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 Energy'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.
Hype
Prediction
LowEstimatedHigh
74.2274.9675.70
Details
Intrinsic
Valuation
LowRealHigh
67.4776.5177.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
74.6874.8875.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Energy. Your research has to be compared to or analyzed against VanEck Energy's peers to derive any actionable benefits. When done correctly, VanEck Energy'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 VanEck Energy me.

Other Forecasting Options for VanEck Energy

For every potential investor in VanEck, whether a beginner or expert, VanEck Energy'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 Energy's price trends.

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

VanEck Energy 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 Energy'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 Energy's current price.

VanEck Energy Market Strength Events

Market strength indicators help investors to evaluate how VanEck Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying VanEck Energy etf market strength indicators, traders can identify VanEck Energy Income entry and exit signals to maximize returns.

VanEck Energy Risk Indicators

The analysis of VanEck Energy'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 Energy'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.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Energy's short interest history, or implied volatility extrapolated from VanEck Energy options trading.

Pair Trading with VanEck Energy

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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with VanEck Etf

  0.92EMLP First Trust NorthPairCorr
  0.92AMJ JPMorgan Alerian MLPPairCorr
  0.92MLPA Global X MLPPairCorr
  1.0MLPX Global X MLPPairCorr
  0.95TPYP Tortoise North AmericanPairCorr
The ability to find closely correlated positions to VanEck Energy 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 Energy 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 Energy - 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 Energy Income to buy it.
The correlation of VanEck Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Energy 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 Energy 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.
Pair CorrelationCorrelation Matching
When determining whether VanEck Energy me offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Energy'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 Vaneck Energy Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Energy Income Etf:
Check out Historical Fundamental Analysis of VanEck Energy to cross-verify your projections.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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The market value of VanEck Energy 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is VanEck Energy'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 Energy's market value can be influenced by many factors that don't directly affect VanEck Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Energy'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.