Main Thematic Etf Forecast - Simple Exponential Smoothing

TMAT Etf  USD 22.12  0.56  2.60%   
The Simple Exponential Smoothing forecasted value of Main Thematic Innovation on the next trading day is expected to be 22.12 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.19. Main Etf Forecast is based on your current time horizon.
  
Main Thematic simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Main Thematic Innovation are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Main Thematic Innovation prices get older.

Main Thematic Simple Exponential Smoothing Price Forecast For the 17th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Main Thematic Innovation on the next trading day is expected to be 22.12 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.09, and the sum of the absolute errors of 14.19.
Please note that although there have been many attempts to predict Main 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 Main Thematic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Main Thematic Etf Forecast Pattern

Backtest Main ThematicMain Thematic Price PredictionBuy or Sell Advice 

Main Thematic Forecasted Value

In the context of forecasting Main Thematic'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. Main Thematic's downside and upside margins for the forecasting period are 20.72 and 23.52, respectively. We have considered Main Thematic'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
22.12
22.12
Expected Value
23.52
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Main Thematic etf data series using in forecasting. Note that when a statistical model is used to represent Main Thematic 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 Criteria113.814
BiasArithmetic mean of the errors -0.0788
MADMean absolute deviation0.2365
MAPEMean absolute percentage error0.012
SAESum of the absolute errors14.19
This simple exponential smoothing model begins by setting Main Thematic Innovation forecast for the second period equal to the observation of the first period. In other words, recent Main Thematic observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Main Thematic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Main Thematic Innovation. 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.
Hype
Prediction
LowEstimatedHigh
20.6922.0623.43
Details
Intrinsic
Valuation
LowRealHigh
22.0923.4624.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Main Thematic. Your research has to be compared to or analyzed against Main Thematic's peers to derive any actionable benefits. When done correctly, Main Thematic'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 Main Thematic Innovation.

Other Forecasting Options for Main Thematic

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

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

Main Thematic Innovation 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 Main Thematic'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 Main Thematic's current price.

Main Thematic Market Strength Events

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

Main Thematic Risk Indicators

The analysis of Main Thematic'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 Main Thematic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting main 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.
Explore Investing Ideas  
When determining whether Main Thematic Innovation 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 Main 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 Main Thematic Innovation Etf. Highlighted below are key reports to facilitate an investment decision about Main Thematic Innovation Etf:
Check out Historical Fundamental Analysis of Main Thematic to cross-verify your projections.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Main Thematic Innovation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Thematic's value that differs from its market value or its book value, called intrinsic value, which is Main Thematic'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 Main Thematic's market value can be influenced by many factors that don't directly affect Main Thematic'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 Main Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Thematic'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.