Innovator Defined Etf Forecast - 20 Period Moving Average
| BALT Etf | USD 31.44 0.02 0.06% |
The 20 Period Moving Average forecasted value of Innovator Defined Wealth on the next trading day is expected to be 31.32 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 6.16. Innovator Etf Forecast is based on your current time horizon.
Innovator |
Innovator Defined 20 Period Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Innovator Defined Wealth on the next trading day is expected to be 31.32 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.16.Please note that although there have been many attempts to predict Innovator 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 Innovator Defined's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Innovator Defined Etf Forecast Pattern
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Innovator Defined Forecasted Value
In the context of forecasting Innovator Defined'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. Innovator Defined's downside and upside margins for the forecasting period are 31.17 and 31.47, respectively. We have considered Innovator Defined'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Innovator Defined etf data series using in forecasting. Note that when a statistical model is used to represent Innovator Defined 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 | 79.4907 |
| Bias | Arithmetic mean of the errors | -0.1421 |
| MAD | Mean absolute deviation | 0.1467 |
| MAPE | Mean absolute percentage error | 0.0047 |
| SAE | Sum of the absolute errors | 6.162 |
Predictive Modules for Innovator Defined
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innovator Defined Wealth. 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.Other Forecasting Options for Innovator Defined
For every potential investor in Innovator, whether a beginner or expert, Innovator Defined's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Innovator Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Innovator. Basic forecasting techniques help filter out the noise by identifying Innovator Defined's price trends.Innovator Defined 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 Innovator Defined etf to make a market-neutral strategy. Peer analysis of Innovator Defined could also be used in its relative valuation, which is a method of valuing Innovator Defined by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Innovator Defined Wealth 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 Innovator Defined'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 Innovator Defined's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Innovator Defined Market Strength Events
Market strength indicators help investors to evaluate how Innovator Defined etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovator Defined shares will generate the highest return on investment. By undertsting and applying Innovator Defined etf market strength indicators, traders can identify Innovator Defined Wealth entry and exit signals to maximize returns.
| Accumulation Distribution | 160.16 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 31.45 | |||
| Day Typical Price | 31.44 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Innovator Defined Risk Indicators
The analysis of Innovator Defined'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 Innovator Defined's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting innovator 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 | 0.103 | |||
| Standard Deviation | 0.1524 | |||
| Variance | 0.0232 | |||
| Downside Variance | 0.0293 | |||
| Semi Variance | (0.04) | |||
| Expected Short fall | (0.13) |
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
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Check out Historical Fundamental Analysis of Innovator Defined to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Innovator Defined Wealth is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator Defined's value that differs from its market value or its book value, called intrinsic value, which is Innovator Defined'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 Innovator Defined's market value can be influenced by many factors that don't directly affect Innovator Defined'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 Innovator Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Defined is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Defined'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.