LeaderShares Activist Etf Forecast - 4 Period Moving Average

ACTV Etf  USD 34.03  0.14  0.41%   
The 4 Period Moving Average forecasted value of LeaderShares Activist Leaders on the next trading day is expected to be 34.18 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 26.53. LeaderShares Etf Forecast is based on your current time horizon.
  
A four-period moving average forecast model for LeaderShares Activist Leaders is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

LeaderShares Activist 4 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of LeaderShares Activist Leaders on the next trading day is expected to be 34.18 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.33, and the sum of the absolute errors of 26.53.
Please note that although there have been many attempts to predict LeaderShares 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 LeaderShares Activist's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LeaderShares Activist Etf Forecast Pattern

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LeaderShares Activist Forecasted Value

In the context of forecasting LeaderShares Activist'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. LeaderShares Activist's downside and upside margins for the forecasting period are 33.04 and 35.31, respectively. We have considered LeaderShares Activist'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
34.03
34.18
Expected Value
35.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of LeaderShares Activist etf data series using in forecasting. Note that when a statistical model is used to represent LeaderShares Activist 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 Criteria109.6475
BiasArithmetic mean of the errors -0.0307
MADMean absolute deviation0.4654
MAPEMean absolute percentage error0.0139
SAESum of the absolute errors26.5275
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of LeaderShares Activist. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for LeaderShares Activist Leaders and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for LeaderShares Activist

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LeaderShares Activist. 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 LeaderShares Activist'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
33.0134.1535.29
Details
Intrinsic
Valuation
LowRealHigh
32.8433.9835.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
33.3634.0834.81
Details

Other Forecasting Options for LeaderShares Activist

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

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

LeaderShares Activist 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 LeaderShares Activist'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 LeaderShares Activist's current price.

LeaderShares Activist Market Strength Events

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

LeaderShares Activist Risk Indicators

The analysis of LeaderShares Activist'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 LeaderShares Activist's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting leadershares 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether LeaderShares Activist is a strong investment it is important to analyze LeaderShares Activist'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 LeaderShares Activist's future performance. For an informed investment choice regarding LeaderShares Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of LeaderShares Activist to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of LeaderShares Activist is measured differently than its book value, which is the value of LeaderShares that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderShares Activist's value that differs from its market value or its book value, called intrinsic value, which is LeaderShares Activist'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 LeaderShares Activist's market value can be influenced by many factors that don't directly affect LeaderShares Activist'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 LeaderShares Activist's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderShares Activist is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderShares Activist'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.