AGNC Investment Preferred Stock Forecast - Simple Exponential Smoothing
| AGNCO Preferred Stock | USD 25.25 0.11 0.43% |
The Simple Exponential Smoothing forecasted value of AGNC Investment Corp on the next trading day is expected to be 25.26 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.88. AGNC Preferred Stock Forecast is based on your current time horizon.
AGNC |
AGNC Investment Simple Exponential Smoothing Price Forecast For the 2nd of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of AGNC Investment Corp on the next trading day is expected to be 25.26 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.88.Please note that although there have been many attempts to predict AGNC Preferred Stock 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 AGNC Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
AGNC Investment Preferred Stock Forecast Pattern
| Backtest AGNC Investment | AGNC Investment Price Prediction | Buy or Sell Advice |
AGNC Investment Forecasted Value
In the context of forecasting AGNC Investment's Preferred Stock 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. AGNC Investment's downside and upside margins for the forecasting period are 25.00 and 25.53, respectively. We have considered AGNC Investment'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of AGNC Investment preferred stock data series using in forecasting. Note that when a statistical model is used to represent AGNC Investment preferred stock, 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 | 110.7867 |
| Bias | Arithmetic mean of the errors | -0.0172 |
| MAD | Mean absolute deviation | 0.048 |
| MAPE | Mean absolute percentage error | 0.0019 |
| SAE | Sum of the absolute errors | 2.8814 |
Predictive Modules for AGNC Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGNC Investment Corp. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock 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 AGNC Investment'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.
Other Forecasting Options for AGNC Investment
For every potential investor in AGNC, whether a beginner or expert, AGNC Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AGNC Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AGNC. Basic forecasting techniques help filter out the noise by identifying AGNC Investment's price trends.AGNC Investment 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 AGNC Investment preferred stock to make a market-neutral strategy. Peer analysis of AGNC Investment could also be used in its relative valuation, which is a method of valuing AGNC Investment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AGNC Investment Corp Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AGNC Investment'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 AGNC Investment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AGNC Investment Market Strength Events
Market strength indicators help investors to evaluate how AGNC Investment preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AGNC Investment shares will generate the highest return on investment. By undertsting and applying AGNC Investment preferred stock market strength indicators, traders can identify AGNC Investment Corp entry and exit signals to maximize returns.
AGNC Investment Risk Indicators
The analysis of AGNC Investment'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 AGNC Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agnc preferred stock 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 | 0.1868 | |||
| Semi Deviation | 0.05 | |||
| Standard Deviation | 0.2628 | |||
| Variance | 0.0691 | |||
| Downside Variance | 0.0732 | |||
| Semi Variance | 0.0025 | |||
| Expected Short fall | (0.21) |
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.
Pair Trading with AGNC Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AGNC Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AGNC Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with AGNC Preferred Stock
| 0.62 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.79 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.92 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.86 | NREF-PA | NexPoint Real Estate | PairCorr |
Moving against AGNC Preferred Stock
| 0.69 | MRTI | Maxus Realty Trust | PairCorr |
| 0.4 | ECRO | Ecc Cap Corp | PairCorr |
| 0.37 | IVR-PC | Invesco Mortgage Capital | PairCorr |
The ability to find closely correlated positions to AGNC Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGNC Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AGNC Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AGNC Investment Corp to buy it.
The correlation of AGNC Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AGNC Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGNC Investment Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AGNC Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in AGNC Preferred Stock
AGNC Investment financial ratios help investors to determine whether AGNC Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AGNC with respect to the benefits of owning AGNC Investment security.