AdvisorShares Etf Forecast - Naive Prediction
| DWMC Etf | USD 32.84 0.00 0.00% |
The Naive Prediction forecasted value of AdvisorShares on the next trading day is expected to be 33.60 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.97. AdvisorShares Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AdvisorShares stock prices and determine the direction of AdvisorShares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AdvisorShares' historical fundamentals, such as revenue growth or operating cash flow patterns.
AdvisorShares |
AdvisorShares Naive Prediction Price Forecast For the 12th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of AdvisorShares on the next trading day is expected to be 33.60 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.16, and the sum of the absolute errors of 18.97.Please note that although there have been many attempts to predict AdvisorShares 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 AdvisorShares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
AdvisorShares Etf Forecast Pattern
| Backtest AdvisorShares | AdvisorShares Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of AdvisorShares etf data series using in forecasting. Note that when a statistical model is used to represent AdvisorShares 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 | 116.2775 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.311 |
| MAPE | Mean absolute percentage error | 0.0099 |
| SAE | Sum of the absolute errors | 18.9689 |
Predictive Modules for AdvisorShares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AdvisorShares. 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.AdvisorShares 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 AdvisorShares etf to make a market-neutral strategy. Peer analysis of AdvisorShares could also be used in its relative valuation, which is a method of valuing AdvisorShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AdvisorShares Market Strength Events
Market strength indicators help investors to evaluate how AdvisorShares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvisorShares shares will generate the highest return on investment. By undertsting and applying AdvisorShares etf market strength indicators, traders can identify AdvisorShares entry and exit signals to maximize returns.
AdvisorShares Risk Indicators
The analysis of AdvisorShares' 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 AdvisorShares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting advisorshares 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 | 0.7779 | |||
| Semi Deviation | 0.9125 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Downside Variance | 1.02 | |||
| Semi Variance | 0.8326 | |||
| Expected Short fall | (0.84) |
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.
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.When determining whether AdvisorShares is a strong investment it is important to analyze AdvisorShares' 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 AdvisorShares' future performance. For an informed investment choice regarding AdvisorShares Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of AdvisorShares is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares' value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares' 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 AdvisorShares' market value can be influenced by many factors that don't directly affect AdvisorShares' 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 AdvisorShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares' 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.