Xact Kapitalforvaltni Etf Forecast - Double Exponential Smoothing

XACTC25 Etf  DKK 203.95  0.80  0.39%   
The Double Exponential Smoothing forecasted value of Xact Kapitalforvaltning on the next trading day is expected to be 204.41 with a mean absolute deviation of  1.08  and the sum of the absolute errors of 63.67. Xact Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Xact Kapitalforvaltni stock prices and determine the direction of Xact Kapitalforvaltning's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Xact Kapitalforvaltni's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Xact Kapitalforvaltni to cross-verify your projections.
  
Most investors in Xact Kapitalforvaltni 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 Xact Kapitalforvaltni's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Xact Kapitalforvaltni'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 Xact Kapitalforvaltni works best with periods where there are trends or seasonality.

Xact Kapitalforvaltni Double Exponential Smoothing Price Forecast For the 29th of March

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Xact Kapitalforvaltning on the next trading day is expected to be 204.41 with a mean absolute deviation of 1.08, mean absolute percentage error of 1.83, and the sum of the absolute errors of 63.67.
Please note that although there have been many attempts to predict Xact 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 Xact Kapitalforvaltni's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Xact Kapitalforvaltni Etf Forecast Pattern

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Xact Kapitalforvaltni Forecasted Value

In the context of forecasting Xact Kapitalforvaltni'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. Xact Kapitalforvaltni's downside and upside margins for the forecasting period are 203.70 and 205.12, respectively. We have considered Xact Kapitalforvaltni'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
203.95
203.70
Downside
204.41
Expected Value
205.12
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 Xact Kapitalforvaltni etf data series using in forecasting. Note that when a statistical model is used to represent Xact Kapitalforvaltni 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 0.2551
MADMean absolute deviation1.0792
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors63.67
When Xact Kapitalforvaltning 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 Xact Kapitalforvaltning 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 Xact Kapitalforvaltni observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Xact Kapitalforvaltni

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xact Kapitalforvaltning. 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 Xact Kapitalforvaltni'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
203.23203.95204.67
Details
Intrinsic
Valuation
LowRealHigh
179.78180.50224.35
Details
Bollinger
Band Projection (param)
LowMiddleHigh
203.73204.40205.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xact Kapitalforvaltni. Your research has to be compared to or analyzed against Xact Kapitalforvaltni's peers to derive any actionable benefits. When done correctly, Xact Kapitalforvaltni'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 Xact Kapitalforvaltning.

Other Forecasting Options for Xact Kapitalforvaltni

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

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

Xact Kapitalforvaltning 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 Xact Kapitalforvaltni'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 Xact Kapitalforvaltni's current price.

Xact Kapitalforvaltni Market Strength Events

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

Xact Kapitalforvaltni Risk Indicators

The analysis of Xact Kapitalforvaltni'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 Xact Kapitalforvaltni's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xact 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 Xact Kapitalforvaltni 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, Xact Kapitalforvaltni's short interest history, or implied volatility extrapolated from Xact Kapitalforvaltni options trading.

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 Historical Fundamental Analysis of Xact Kapitalforvaltni to cross-verify your projections.
Note that the Xact Kapitalforvaltning information on this page should be used as a complementary analysis to other Xact Kapitalforvaltni'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Xact Etf analysis

When running Xact Kapitalforvaltni's price analysis, check to measure Xact Kapitalforvaltni'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 Xact Kapitalforvaltni is operating at the current time. Most of Xact Kapitalforvaltni's value examination focuses on studying past and present price action to predict the probability of Xact Kapitalforvaltni's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xact Kapitalforvaltni's price. Additionally, you may evaluate how the addition of Xact Kapitalforvaltni to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Xact Kapitalforvaltni's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xact Kapitalforvaltni is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xact Kapitalforvaltni'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.