Raiffeisen ETF Etf Forecast - 8 Period Moving Average
| RGLDS Etf | USD 7,178 60.00 0.84% |
The 8 Period Moving Average forecasted value of Raiffeisen ETF Solid on the next trading day is expected to be 7,250 with a mean absolute deviation of 119.20 and the sum of the absolute errors of 6,318. Raiffeisen Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Raiffeisen ETF stock prices and determine the direction of Raiffeisen ETF Solid's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Raiffeisen ETF's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out fundamental analysis of Raiffeisen ETF to check your projections. Raiffeisen |
Most investors in Raiffeisen ETF 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 Raiffeisen ETF's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Raiffeisen ETF's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Raiffeisen ETF is based on an artificially constructed time series of Raiffeisen ETF daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Raiffeisen ETF 8 Period Moving Average Price Forecast For the 28th of May
Given 90 days horizon, the 8 Period Moving Average forecasted value of Raiffeisen ETF Solid on the next trading day is expected to be 7,250 with a mean absolute deviation of 119.20, mean absolute percentage error of 21,287, and the sum of the absolute errors of 6,318.Please note that although there have been many attempts to predict Raiffeisen 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 Raiffeisen ETF's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Raiffeisen ETF Etf Forecast Pattern
Raiffeisen ETF Forecasted Value
In the context of forecasting Raiffeisen ETF'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. Raiffeisen ETF's downside and upside margins for the forecasting period are 7,249 and 7,251, respectively. We have considered Raiffeisen ETF'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Raiffeisen ETF etf data series using in forecasting. Note that when a statistical model is used to represent Raiffeisen ETF 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 | 113.3733 |
| Bias | Arithmetic mean of the errors | -70.8373 |
| MAD | Mean absolute deviation | 119.2005 |
| MAPE | Mean absolute percentage error | 0.017 |
| SAE | Sum of the absolute errors | 6317.625 |
Predictive Modules for Raiffeisen ETF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Raiffeisen ETF Solid. 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 Raiffeisen ETF'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 Raiffeisen ETF
For every potential investor in Raiffeisen, whether a beginner or expert, Raiffeisen ETF's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Raiffeisen Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Raiffeisen. Basic forecasting techniques help filter out the noise by identifying Raiffeisen ETF's price trends.Raiffeisen ETF 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 Raiffeisen ETF etf to make a market-neutral strategy. Peer analysis of Raiffeisen ETF could also be used in its relative valuation, which is a method of valuing Raiffeisen ETF by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Raiffeisen ETF Solid 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 Raiffeisen ETF'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 Raiffeisen ETF's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Raiffeisen ETF Market Strength Events
Market strength indicators help investors to evaluate how Raiffeisen ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raiffeisen ETF shares will generate the highest return on investment. By undertsting and applying Raiffeisen ETF etf market strength indicators, traders can identify Raiffeisen ETF Solid entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0251 | |||
| Daily Balance Of Power | 0.3243 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7270.5 | |||
| Day Typical Price | 7239.67 | |||
| Market Facilitation Index | 185.0 | |||
| Price Action Indicator | (62.50) | |||
| Period Momentum Indicator | 60.0 | |||
| Relative Strength Index | 68.35 |
Raiffeisen ETF Risk Indicators
The analysis of Raiffeisen ETF'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 Raiffeisen ETF's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting raiffeisen 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 | 0.7011 | |||
| Semi Deviation | 0.6848 | |||
| Standard Deviation | 0.9806 | |||
| Variance | 0.9616 | |||
| Downside Variance | 1.18 | |||
| Semi Variance | 0.4689 | |||
| Expected Short fall | (0.78) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out fundamental analysis of Raiffeisen ETF to check your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between Raiffeisen ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Raiffeisen ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raiffeisen ETF'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.