ProShares UltraPro Etf Forecast - 20 Period Moving Average

SQQQ Etf  USD 10.48  0.08  0.77%   
The 20 Period Moving Average forecasted value of ProShares UltraPro Short on the next trading day is expected to be 10.62 with a mean absolute deviation of  0.51  and the sum of the absolute errors of 21.56. ProShares Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ProShares UltraPro stock prices and determine the direction of ProShares UltraPro Short's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ProShares UltraPro's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ProShares UltraPro to cross-verify your projections.
  

Open Interest Against 2024-04-05 ProShares Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ProShares UltraPro'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 ProShares UltraPro's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ProShares UltraPro 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 ProShares UltraPro's open interest, investors have to compare it to ProShares UltraPro'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 ProShares UltraPro 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 ProShares. 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 ProShares UltraPro 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 ProShares UltraPro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ProShares UltraPro's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for ProShares UltraPro Short is based on a synthetically constructed ProShares UltraProdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

ProShares UltraPro 20 Period Moving Average Price Forecast For the 30th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of ProShares UltraPro Short on the next trading day is expected to be 10.62 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.38, and the sum of the absolute errors of 21.56.
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 UltraPro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ProShares UltraPro Etf Forecast Pattern

Backtest ProShares UltraProProShares UltraPro Price PredictionBuy or Sell Advice 

ProShares UltraPro Forecasted Value

In the context of forecasting ProShares UltraPro'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 UltraPro's downside and upside margins for the forecasting period are 7.73 and 13.52, respectively. We have considered ProShares UltraPro'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
10.48
10.62
Expected Value
13.52
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of ProShares UltraPro etf data series using in forecasting. Note that when a statistical model is used to represent ProShares UltraPro 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 Criteria82.2178
BiasArithmetic mean of the errors 0.4844
MADMean absolute deviation0.5134
MAPEMean absolute percentage error0.0466
SAESum of the absolute errors21.5645
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. ProShares UltraPro Short 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for ProShares UltraPro

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 UltraPro Short. 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 ProShares UltraPro'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
7.5210.4813.44
Details
Intrinsic
Valuation
LowRealHigh
7.1010.0613.02
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.2610.4110.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraPro. Your research has to be compared to or analyzed against ProShares UltraPro's peers to derive any actionable benefits. When done correctly, ProShares UltraPro'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 UltraPro Short.

Other Forecasting Options for ProShares UltraPro

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

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

ProShares UltraPro Short 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 ProShares UltraPro'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 UltraPro's current price.

ProShares UltraPro Market Strength Events

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

ProShares UltraPro Risk Indicators

The analysis of ProShares UltraPro'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 ProShares UltraPro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proshares 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

When determining whether ProShares UltraPro Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrapro Short Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrapro Short Etf:
Check out Historical Fundamental Analysis of ProShares UltraPro to cross-verify your projections.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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