ProShares Hedge Etf Forecast - Naive Prediction

HDG Etf  USD 48.88  0.05  0.10%   
ProShares Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ProShares Hedge stock prices and determine the direction of ProShares Hedge Replication's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ProShares Hedge historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ProShares Hedge to cross-verify your projections.
  
Most investors in ProShares Hedge cannot accurately predict what will happen the next trading day because, historically, stock 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 ProShares Hedge's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ProShares Hedge's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for ProShares Hedge is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ProShares Hedge Replication value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

ProShares Hedge Naive Prediction Price Forecast For the 26th of February

Given 90 days horizon, the Naive Prediction forecasted value of ProShares Hedge Replication on the next trading day is expected to be 48.78 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.28.
Please note that although there have been many attempts to predict ProShares 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 ProShares Hedge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ProShares Hedge Etf Forecast Pattern

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ProShares Hedge Forecasted Value

In the context of forecasting ProShares Hedge'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. ProShares Hedge's downside and upside margins for the forecasting period are 48.33 and 49.22, respectively. We have considered ProShares Hedge'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
48.88
48.78
Expected Value
49.22
Upside

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 ProShares Hedge etf data series using in forecasting. Note that when a statistical model is used to represent ProShares Hedge 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 Criteria114.5527
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1357
MAPEMean absolute percentage error0.0028
SAESum of the absolute errors8.2755
This model is not at all useful as a medium-long range forecasting tool of ProShares Hedge Replication. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict ProShares Hedge. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for ProShares Hedge

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Hedge Repl. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of ProShares Hedge'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. Please use the tools below to analyze the current value of ProShares Hedge in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
48.4348.8849.33
Details
Intrinsic
Valuation
LowRealHigh
48.3048.7549.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
48.1648.6249.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares Hedge. Your research has to be compared to or analyzed against ProShares Hedge's peers to derive any actionable benefits. When done correctly, ProShares Hedge'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 ProShares Hedge Repl.

Other Forecasting Options for ProShares Hedge

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

ProShares Hedge 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 ProShares Hedge etf to make a market-neutral strategy. Peer analysis of ProShares Hedge could also be used in its relative valuation, which is a method of valuing ProShares Hedge by comparing valuation metrics with similar companies.
IShares ESG USDFirst Trust DorseyGlobal X USFirst Trust InstitutionalIShares Convertible BondInvesco SP EmergingVanEck BDC IncomeAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

ProShares Hedge Repl Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ProShares Hedge'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 ProShares Hedge's current price.

ProShares Hedge Market Strength Events

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

ProShares Hedge Risk Indicators

The analysis of ProShares Hedge's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in ProShares Hedge's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting ProShares Hedge stock price, 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 stock 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 ProShares Hedge 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, ProShares Hedge's short interest history, or implied volatility extrapolated from ProShares Hedge options trading.

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When determining whether ProShares Hedge Repl is a strong investment it is important to analyze ProShares Hedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Hedge's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of ProShares Hedge to cross-verify your projections.
Note that the ProShares Hedge Repl information on this page should be used as a complementary analysis to other ProShares Hedge'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for ProShares Etf analysis

When running ProShares Hedge's price analysis, check to measure ProShares Hedge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares Hedge is operating at the current time. Most of ProShares Hedge's value examination focuses on studying past and present price action to predict the probability of ProShares Hedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares Hedge's price. Additionally, you may evaluate how the addition of ProShares Hedge to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Hedge Repl is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge'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 ProShares Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge'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 ProShares Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge'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.