VanEck Mortgage Etf Forecast - Double Exponential Smoothing

MORT Etf  USD 11.25  0.10  0.90%   
The Double Exponential Smoothing forecasted value of VanEck Mortgage REIT on the next trading day is expected to be 11.26 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.27. VanEck Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VanEck Mortgage stock prices and determine the direction of VanEck Mortgage REIT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VanEck Mortgage's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VanEck Mortgage to cross-verify your projections.
  

Open Interest Against 2024-06-21 VanEck Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Mortgage'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 Mortgage's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Mortgage 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 Mortgage's open interest, investors have to compare it to VanEck Mortgage'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 Mortgage 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 Mortgage 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 Mortgage's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck Mortgage's price structures and extracts relationships that further increase the generated results' accuracy.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for VanEck Mortgage works best with periods where there are trends or seasonality.

VanEck Mortgage Double Exponential Smoothing Price Forecast For the 5th of June

Given 90 days horizon, the Double Exponential Smoothing forecasted value of VanEck Mortgage REIT on the next trading day is expected to be 11.26 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.27.
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 Mortgage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

VanEck Mortgage Etf Forecast Pattern

Backtest VanEck MortgageVanEck Mortgage Price PredictionBuy or Sell Advice 

VanEck Mortgage Forecasted Value

In the context of forecasting VanEck Mortgage'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 Mortgage's downside and upside margins for the forecasting period are 9.87 and 12.66, respectively. We have considered VanEck Mortgage'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
11.25
11.26
Expected Value
12.66
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of VanEck Mortgage etf data series using in forecasting. Note that when a statistical model is used to represent VanEck Mortgage 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0229
MADMean absolute deviation0.1212
MAPEMean absolute percentage error0.011
SAESum of the absolute errors7.2737
When VanEck Mortgage REIT prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any VanEck Mortgage REIT trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent VanEck Mortgage observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for VanEck Mortgage

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 Mortgage REIT. 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 Mortgage'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
9.8611.2512.64
Details
Intrinsic
Valuation
LowRealHigh
9.8111.2012.59
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.7911.2011.61
Details

Other Forecasting Options for VanEck Mortgage

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

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

VanEck Mortgage REIT 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 Mortgage'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 Mortgage's current price.

VanEck Mortgage Market Strength Events

Market strength indicators help investors to evaluate how VanEck Mortgage 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 Mortgage shares will generate the highest return on investment. By undertsting and applying VanEck Mortgage etf market strength indicators, traders can identify VanEck Mortgage REIT entry and exit signals to maximize returns.
Accumulation Distribution1448.7
Daily Balance Of Power1.0
Rate Of Daily Change1.01